Terrance Goodman Arrested For Armed Robbery Of Krispy Kreme

PANAMA CITY, FL – Mark Smith, Chief of Police, announced that the Panama City Police Department has arrested 48-year-old Terrance Goodman for his involvement in the February armed robbery of Krispy Kreme, located at 465 W. 23rd Street. On August 27, 2025, detectives with the Street Crimes Unit observed Goodman near the area of 3rd Street and Center Avenue. Goodman attempted to flee but was apprehended after a short foot pursuit.

Goodman had been wanted on outstanding warrants for the February 17 armed robbery of Krispy Kreme. He was also wanted by the U.S. Department of Corrections since November 6, 2023, after fleeing from a work camp in Talladega, Alabama. At that time, Goodman was serving a 15-year sentence for a federal narcotics conviction.

The Panama City Police Department would like to thank the U.S. Marshals Service Florida Regional Fugitive Task Force for their assistance in this case.