Albert Peter was a meter collector and repairman. The 72-year-old pleaded guilty Thursday to theft as part of a plea bargain with Cape May County prosecutors. In return, they dismissed an official misconduct charge.
Peter will likely receive probation and a 90-day county jail sentence when he's sentenced. He could have faced more than 10 years in prison if convicted on both charges.
Peter was fired shortly after his July 20 arrest, which came after a Wildwood police officer saw him put bank bags into his car. Police later found $980.60 in the two bank bags, which Peter admitted stealing. Authorities believe he took about $1,450 overall.
Information from: The Press of Atlantic City, http://www.pressofatlanticcity.com