The bad Santa, described as black and 5ft 9ins tall, walked into Memphis City Employee Credit Union giving out candy canes to several employees and customers and wished them a merry Christmas.

Then he handed a note to the bank cashier demanding money.

Having successfully obtained the money, he walked out of the bank safe, sparking a police hunt.

Officers did not say how much money had been taken but no arrests have been made.

Written by Lanre Shitta