Man shot outside Bank of America in South Los Angeles

SOUTH LOS ANGELES (KABC) -- A suspect was arrested after allegedly shooting a man in the back outside of a Bank of America in South Los Angeles Monday night.

The shooting occurred near Gage Avenue and Avalon Boulevard.

The victim was using the ATM when he became involved in a verbal dispute with the suspect. The dispute escalated into a physical altercation and that's when the suspect shot the victim in the back once.

The victim was transported to California Hospital Medical Center. He was said to be conscious and breathing. The suspect, a male Hispanic in his 60s, fled the scene in a blue Camry, police said. He was apprehended near 76th and Main streets.

The investigation is ongoing. Anyone with further information was urged to contact the Los Angeles Police Department.