A former Toms River schools superintendent who admitted taking more than $1 million in bribes in a kickback scheme has dropped a lawsuit against the school district.
Michael Ritacco claimed in a lawsuit filed last fall that the Toms River school district improperly withheld money from a tax-exempt retirement fund it had set up for him. He also sought more than $60,000 in unused sick and vacation time he claimed he was owed.
Ritacco’s attorney requested to have the suit dropped in a federal court filing published Monday.
Ritacco pleaded guilty two weeks ago to public corruption and tax evasion. He was arrested in 2010 and accused of taking bribes as part of a scheme to inflate school insurance charges.
Topics Lawsuits New Jersey
Was this article valuable?
Here are more articles you may enjoy.
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions
Experian Launches Insurance Marketplace App on ChatGPT
Kansas Man Sentenced for Insurance Fraud, Forgery 

