Crime & Safety
Traffic Stop Leads To Credit Union Theft Accusation
Police said the Newburgh man was driving drunk but was also being investigated for fraudulent deposits and withdrawals at a credit union.
NEWBURGH, NY — A city of Newburgh man who was accused of driving drunk was also accused of stealing from a credit union.
The New York State Police said Nicholas Palm, 28, of Newburgh, was stopped Saturday while driving his 2010 Acura TL on Washington Street in the city for a violation of the state vehicle and traffic law.
He was found to be impaired by alcohol and was charged with driving while intoxicated, a misdemeanor, police said.
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During the arrest process, troopers said they learned Palm was under investigation for multiple fraudulent charges at numerous branches of Hudson Valley Credit Union.
Palm made multiple withdrawals and purchases from his account from February to March, police said.
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According to authorities, the deposits he made were fraudulent which resulted in a loss of more than $14,800 to the credit union.
Palm was subsequently charged with third-degree grand larceny, a felony.
He was sent to the Orange County Jail to await arraignment.
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