It happened around 8:15 a.m. on Monday, September 2 on the 1700 block of South 4th Street in South Philadelphia.
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On Friday, authorities released surveillance video of the incident.
Suspect knocks over elderly man, robs him
Police said the 87-year-old victim was delivering receipts and payroll to a business on the block when the suspect struck.
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The suspect knocked the victim to the ground and fled with the payroll bag.
Anyone with information is asked to call police at 215-686-TIPS.