The former director of the Hoboken Parking Utility has pleaded guilty to official misconduct for his role in the theft of $600,000 by a Toms River contractor whose company was hired by the City of Hoboken to collect coins from city parking meters, according to the state Attorney General’s.
John Corea, 47, pleaded guilty on Friday afternoon to a second-degree charge of official misconduct before Superior Court Judge Francis R. Hodgson Jr. in Ocean County.
The state will recommend under the plea agreement that Corea be sentenced to eight years in state prison, including three years of parole ineligibility.
He must pay $300,000 in restitution to the City of Hoboken and will be permanently barred from public employment in New Jersey. The charge against Corea was contained in an indictment obtained as a result of an investigation by the Division of Criminal Justice and the New Jersey State Police.
“This defendant corruptly exploited his public office, at a high cost to the City of Hoboken,” said Attorney General Paula Dow. “We are seeking a lengthy prison sentence for this flagrant betrayal of trust.”