LOCKPORT (CBS) — A 66-year-old man from Indiana has been arrested, accused of robbing two suburban banks after his used car dealership went out of business.

CBS 2’s Marissa Bailey reports Curtis Burrow, of Schererville, Ind., was arrested Tuesday, after allegedly robbing the Bank of America branch in Glen Ellyn.

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Authorities said Burrow walked into the bank, showed a gun, and demanded money from a teller. He walked out of the bank with more than $3,600 in marked bills, and was arrested down the road a few minutes later.

Burrow was charged with one count of bank robbery. Authorities said he confessed to the bank robbery, and also admitted robbing a Standard Bank branch in Lockport on Oct. 2, the same day he the married father of four lost his business.

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Burrow owned a used car dealership that once operated in Crown Point, Ind., but the dealership closed last month. Now, there’s a sign at the shuttered dealership, directing customers to a website.

Burrow allegedly told police he robbed banks to pay bills on his car dealership; a desperate act from a seemingly desperate man/

In court Wednesday afternoon, his wife of 27 years told a judge, “This is not my husband. It’s just not him. He’s been a good provider, a good husband. What he’s done is unbelievable.”

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Burrow sobbed openly before he appeared before the judge. He has lived in Indiana his whole life, and has no criminal history.