$350K bail for man charged with forcing ATM withdrawal at knifepoint

Bail was set at $350,000 today for a Northwest Side man who is accused of robbing a man by making him withdraw $100 from a Gold Coast ATM this week.
Patrick J. Palumbo, 47, of 2800 block of West Diversey Avenue, was charged late Friday night with one count of armed robbery.
Palumbo was ordered held today in lieu of $350,000 bail.
Palumbo forced a 49-year-old man to withdraw $100 from an ATM at knifepoint Thursday night at a Walgreens in the 900 block of North State Street. In court today, prosecutors said that Palumbo had a knife in a jacket pocket which he showed the victim.
The victim gave the money to Palumbo but authorities apprehended him near the Walgreens and he was taken into custody about 8:25 p.m. Thursday.