A City of Newburgh man who was charged with drunk driving was simultaneously arrested for allegedly making nearly $15,000 in fraudulent charges at the Hudson Valley Credit Union.
At approximately 4:43am on Saturday, April 30, 2022, the New York State Police stopped Nicholas Palm, age 28, on Washington Street in the City of Newburgh for an alleged traffic violation. As a result of the traffic stop, state troopers determined Palm was impaired by alcohol and charged him with Driving While Intoxicated 1st offense, a misdemeanor.
During the arrest, troopers learned that Palm was under investigation for multiple fraudulent charges at numerous branches of Hudson Valley Credit Union. Palm is accused of making multiple withdrawals and purchases from his account from February to March. The deposits were allegedly fraudulent, resulting in a loss of over $14,800 to the credit union. He was charged with Grand Larceny 3rd degree, a Class D felony.
Palm was remanded to Orange County Jail pending arraignment.