Former Ocean Township cop who flipped properties in Brielle pleads responsible to forgery and robbery
FREEHOLD – A former Ocean Township police officer from Brielle who flipped and rented properties within the borough admitted in courtroom Monday that he cast paperwork to get a mortgage and stole cash from tenants by means of protecting their safety deposits.
Cory R. Cole, 51, pleaded responsible to a few counts of robbery and one depend of forgery ahead of Pass judgement on Joseph W. Oxley in Awesome Courtroom, Freehold.
Each and every robbery price carries a most penalty of as much as 5 years in jail; the forgery price, 18 months.
Beneath the phrases of the plea cut price, Cole faces 180 days in Monmouth County Prison however can steer clear of the stint in the back of bars if he will pay $4.200 in restitution to every of 2 sufferers ahead of sentencing, Performing Monmouth County Prosecutor Lori Linskey stated in a written observation.
The plea deal additionally bars him from contacting the sufferers.
He’s because of be sentenced on Aug. 12.
Cole was once indicted in June 2021 on 9 counts that incorporated one depend of robbery by means of deception, and a number of other robbery and forgery fees. The robbery by means of deception price carries a most penalty of 10 years in state jail if there’s a conviction.
The 5 remarkable fees within the indictment can be delivered to sentencing beneath the phrases of the plea deal.
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Investigators discovered that Cole cast a letter from his former matrimonial legal professional to make it appear to be a courtroom judgment the legal professional received towards him for unpaid legal professional’s charges have been happy so he may just get a $425,000 mortgage to shop for assets in Brielle, Linskey stated.
Cole additionally pocketed two $4,200 safety deposits from tenants at two other houses in Brielle, she stated.
He claimed his tenants on Fisk Street owed him cash for unpaid software expenses that he sponsored up with a cast invoice from New Jersey Herbal Fuel that confirmed a false remarkable stability, Linskey stated.
He cashed out many of the different $4,200 safety deposit from a lady with youngsters having a look to hire a Borrie Street assets as a substitute of maintaining it in his checking account as required, she stated.
Cole additionally not on time the circle of relatives’s move-in date again and again, and so they ended up now not shifting in in any respect, government stated.
Investigators additionally came upon that Cole had despatched the Brielle College District a cast rent settlement in reference to the apartment transaction so the would-be tenant’s youngsters may just attend college there, Linskey stated.
Cole, an 18-year veteran officer, resigned from the Ocean Township Police Division after first being charged in 2020. The plea settlement additionally forbids him from changing into a police officer or accepting public employment in New Jersey once more, a prosecutor’s workplace spokesman stated.
Ken Serrano covers crime, breaking information, investigations and native problems. Succeed in him at [email protected]
This newsletter in the beginning seemed on Asbury Park Press: Ocean Township NJ: Former police officer admits to stealing
