FREEHOLD – A former officer in the Ocean Township Police Department, already charged with theft and forgery, faces new allegations he forged documents to obtain a $ 425,000 home loan and defrauded a tenant in a $ 4,200 security deposit, Monmouth County Attorney Christopher Gramiccioni announced Monday.
Cory R. Cole, 49, of Brielle is charged with theft by deception and two counts of forgery “in connection with a forged document he submitted to secure a loan of $ 425,000 to buy a house on the avenue Borrie to Brielle in July 2019, ”according to the announcement.
Cole, “who buys, returns and rents real estate, forged a letter from his former marriage attorney in order to falsely establish a judgment she had against him for the unpaid attorney fees had been satisfied, and Cole submitted this letter to allow his purchase of a property on avenue Borrie in Brielle “, indicates the advertisement.
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“It doesn’t matter whether you are a former, current or retired law enforcement official, you will be held accountable for your actions,” Gramiccioni said in a written statement. “Your illegal or improper actions will be discovered and prosecuted.”
The prosecutor’s office announced in January that he had charged Cole with theft and forgery after allegedly pocketing another $ 4,200 security deposit from another potential tenant who wanted to rent one of Cole’s properties in Brielle.. Rather than keeping the deposit in a bank account according to the terms of the tenant’s lease, Cole instead “used up” the money, the prosecutor’s office said at the time.
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Cole also repeatedly delayed her potential tenant’s move-in date and, in the end, she never moved in at all, the prosecutor’s office claimed. Investigators also determined that Cole had sent the Brielle School District a bogus lease agreement so that the children of the prospective tenant could attend school, according to the prosecutor’s office. This lease would have indicated that the future tenant was living in another of Cole’s properties in Brielle – which someone else was renting.
“Further investigation revealed that in addition to the victim identified in January of this year, Cole retained his tenants’ $ 4,200 security deposit at a property on Fisk Avenue,” the announcement said Monday. . “He attempted to justify keeping the security deposit by claiming that the tenants owed him money in unpaid utility bills on the property and providing them with a fake bill from New Jersey Natural Gas that incorrectly stated that” they had an outstanding balance. “
An 18-year Ocean Police veteran, Cole resigned earlier this year following the first round of charges against him.
“It’s a sad day for the Ocean Township Police Department. We are shocked, embarrassed and angry by this event. The Ocean Township Police Department is a highly professional organization and we will not let the actions of an officer overshadow the excellent work and dedication of the men and women of this service, ”said the Chief of Police ‘Ocean Township, Steve Peters, in a statement at the time of Cole’s first set of accusations.
In total, the current charges against Cole include:
- Theft by deception (second degree)
- Theft by default of legal provision (third degree, two counts)
- False (fourth degree, three counts)
- Pronunciation of a false document (fourth degree, three counts)
If convicted, a second degree offense can lead to up to 10 years in prison. Third degree convictions have maximum sentences of 5 years and fourth degree convictions can carry up to 18 months in prison. Cole also faces fines up to a total of $ 240,000 if convicted of all charges.
The DA’s office has asked anyone with information about Cole’s activities to call Detective Sergeant Ryu Washburne at 1-800-533-7443.
Alex N. Gecan covers local news and unsolved mysteries for Asbury Park Press. You can reach him at 732-547-1365 or [email protected], or follow him on Twitter @GeeksterTweets.
Contribution: Andrew J. Goudsward