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After Sentencing, What's Next for Ritacco?

Restitution, sale of home yet to occur

 

TRENTON — The former superintendent of Toms River Regional was sentenced to 135 months of jail and voluntarily submitted to U.S. Marshals Friday afternoon to begin serving his sentence immediately.

Michael Ritacco, guilty of tax evasion and mail fraud relating to more than $2.5 million in bribes and kickbacks passed between the former superintendent and co-conspirators, also faces a restitution hearing, his lawyers said.

Attorney William Hughes confirmed no restitution was ordered at the sentencing Friday and instead a separate court proceeding, possibly in December, will be scheduled to decided if and how much restitution Ritacco must pay.

In court Friday, sentencing Judge Joel Pisano said several million dollars were "fleeced" from the school district, due to inflated contracts Ritacco helped to orchestrate over the span of 12 years, or from Ritacco purposefully hiring co-conspirators to help facilitate deceit, he said.

Attorney Jerome Ballaratto said about $1 million in owed taxes is nearly repaid after the sale of Ritacco's home in Seaside Park. The home is currently listed for sale, placed on the market earlier this month.

Ballaratto said proceeds from the sale would likely be used for repaying taxes owed, as outlined in charges Ritacco pleaded guilty to, for tax evasion. According to a federal indictment, Ritacco failed to report the proceeds of the cash payments he received for multiple years.

About this column: The latest in the ongoing news of Toms River Regional Schools' disgraced former superintendent, Michael Ritacco. Related Topics: jerome ballaratto, restitution, ritacco, ritacco lawyers, and ritacco trial

dave

7:04 pm on Friday, September 14, 2012

enjoy your stay at the gray-bar hotel,lousy thief! oh wait! more of your friends will be joining you soon

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Andrea M. Sorensen

9:11 am on Sunday, September 16, 2012

I sure hope so! I hope they turn over every rock and find every last one of them!

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njsoccermom77

9:06 am on Monday, September 17, 2012

I read this story about how the State of New Jersey pays a pension to a former head sheriff that admitted to molesting 8 boys and was caught in a sting with a 9th that was really an undercover State Trooper, yet he only did 9 months in county jail is not a registered sex offender and collects a pension from the state. This is not only outrageous but it puts the community at risk because people like this never stop. here is the link for the article please read and help bring this matter public. http://bit.ly/Qo9mz3

FR Grown

7:49 pm on Friday, September 14, 2012

Probably a rectal exam by Bubba, his cell mate :-)

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Shelly

11:00 pm on Friday, September 14, 2012

My guess is that he's headed to the Federal Prison country club in West Virginia, the same place where Martha Stewart spent time. If you are thinking a life of bread and water on a chain gang with a roomate named Bubba ... forget it.

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ragtime

7:23 am on Saturday, September 15, 2012

FR Grown - AND YOU KOW BUBBA WELL, DON'T YOU FR Grown!!!!!!!!!

momere

6:17 am on Saturday, September 15, 2012

Shelly - might not be bed & water where he's going but I'm sure he'd rather be chilling out in that million plus house in Seaside :). A guy like him who allowed ego and greed to take him down it won't be a picnic for him. Plus, I don't see a Martha Stewart comeback in his future :)

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barbara

6:51 am on Saturday, September 15, 2012

dirtbag, hope he rots in his cell and i wonder if the public will find out which prision he is going to.

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Paul E Taylor Jr

7:11 am on Saturday, September 15, 2012

I knew Mike well, I still find it hard to believe what he did, and it does sadden me. He had so many great ideas and saved the school system millions, that can not be disputed, but why did he have to get so greedy? I am so disappointed in him

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TRWatch

7:34 am on Saturday, September 15, 2012

He didn't save the school system millions, he cost the school system millions. Get your head out of the sand. Ritacco was nothing more than a criminal in sheep's clothing. And, except for a few people who had the stones to stand up to him, because of people like you he was able to run his criminal empire uninterrupted for years.

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Ken G

11:32 am on Saturday, September 15, 2012

and because of people like TRWatch, it becomes harder for people to speak without being persecuted by the nice people of our town. All I can say is that it's about time they finally got him and put him where he belongs. Now we gotta get his buddy Christie! I doubt the Gov did not know anything.

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Project Bluebeam

4:54 pm on Sunday, September 16, 2012

Ken: Can your mom afford a good attorney? Careful with the libel there junior!

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Ken G

5:52 pm on Sunday, September 16, 2012

Hey look my stalker is back! Bet you just got real happy didnt you?

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KC

2:13 am on Friday, October 5, 2012

You're disappointed? The rest of us are disgusted!

Keith Carnevale

7:28 am on Saturday, September 15, 2012

A real scumbag, Where are all the Ritacco kool-aid drinkers now....

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Paul E Taylor Jr

9:56 pm on Saturday, September 15, 2012

I was one, but I am so disgusted with him and it pisses me off, also Christie was not even Gov when he was stealing from the schools, so people stop being a pain in the butt and acting stupid. As for him saving money he did, but his crimes are not forgivable at all.

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Andrea M. Sorensen

9:19 am on Sunday, September 16, 2012

Why are you blaming Christie? He wasn't even the Gov. when ritacco started stealing from the schools. They need to be asking the rest of his buddies on the board, how such well educated people had NO IDEA he was stealing. That's a question we all deserve an answer to. I don't buy it. I sure hope nobody else does either.

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butch cassidy

11:16 am on Sunday, September 16, 2012

they are all retiring with pensions as supervisors principals etc..with their family members and their friends in secure positions within the school system

Martin

7:54 am on Saturday, September 15, 2012

Asking $2,225,000 for his mansion at 16 11th St. (at Ocean Ave.)... loaded with luxury details -- courtesy of TR taxpayers.

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Kimbo Sliceopizza

9:04 am on Saturday, September 15, 2012

confiscate it and use for the school system or use proceeds of it's sale in TR schools

clamdigger

8:02 am on Saturday, September 15, 2012

well hope they look into the lives of all the children and if any grandchildren. confiscate any and all assets which are questionable,college funds,retirement accts and so on. Knowing Ritacco,he probably has a nice chunk of cash someplace too.

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Ken G

11:35 am on Saturday, September 15, 2012

My opinion is that all the money/funds confiscated show go back into the school system, and be watched over more securely to make sure this does not happen again! Money that was intended for the system should be placed there where it was intended to be. I think we all know there's more money hidden somewhere...the question is....where?

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KC

2:18 am on Friday, October 5, 2012

As expressed on another post, some of us are of the opinion that we need to demand a forensic audit of the entire school system. Hiring a company like PWC, KPMG or E&Y would cost some - but probably turn up millions of dollars. Where there is smoke there is fire.

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butch cassidy

10:32 am on Friday, October 5, 2012

KC the fire all live on vincenzo drive

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butch cassidy

10:32 am on Friday, October 5, 2012

KC the fire all live on vincenzo drive

JD

11:49 am on Saturday, September 15, 2012

Who cares about Ritacco anymore....

The real question is: What is next for TR BOE?
Any resignations? Any decide to back out of re-election?

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Doug Bennett

12:31 pm on Saturday, September 15, 2012

I am just sorry to see that someone got to Mike and convinced him that it was in his and especially his family's best interest not to sing and make a better deal for himself. Otherwise, we might see him joined by perhaps a tax cheating assemblyman or a freeholder who likes to raid the cookie jar or a useless Mayor whose nickname was bagboy when he was an assistant something or other. Who knows, it might even have led to a Lt Governor who makes Mike's transgressions look like school boy stunts or a Governor who is making sure he is part of the 1% and who considered Mike his model of a School Superintendent.

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Project Bluebeam

1:24 pm on Saturday, September 15, 2012

So, wha ever happened to his gal pal Manson, or Mansfield, whatever. I ope to hell she still not employed by TR Schools.

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Mac

1:32 pm on Saturday, September 15, 2012

Educating the Children 2016. A lesson in reality and its possibilities by design. Crime doesn’t pay, unless you are in good-standing with the politically well-connected (the true power in this world.) Whenever you violate the law and get caught, there is a penalty imposed that is to be expected by most of us. Money and its powerful influence can play a large role in understanding why everyone isn’t judged under the same rules with similar penalties imposed. However, political power, even with minimal money, doesn’t have any real rules to be judged under period. Bernie Madoff ripped off willing investors who let their greed overshadow their common sense as to why Madoff appeared to offer so much more for so much longer than the other deemed skilled professionals, and received a deserved 150 years in prison when finally caught. Michael Ritacco was a general in a political organized crime syndicate secretly and willfully violating the public trust for over 20 years with a continually broadening deception of schemes and only received an 11-year sentence (which may well be served in a federal country club atmosphere with three phones in his cell to use when he is not out on a weekend or holiday pass.) Under such a disturbing disparity, suggestions that Ritacco will be pardoned in four years by President Christie so he can sit next to Attorney General Gilmore become more interesting. What can’t be done for the children is absolutely amazing.

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Barry Fleckmann

2:59 pm on Saturday, September 15, 2012

Huh? Am I reading this story right? Ritacco is sentenced to 11 years in prison, but NO restitution? He's getting OFF, light!! Governor Christie has this reputation as the Terminator, but he's REALLY just a wuss!! Ritacco will be out of prison, in a few, short years (good behavior!), and he'll actually be better-off, financially. So much for Justice in the Tony Soprano state (New Jersey).

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Crabtree

3:16 pm on Saturday, September 15, 2012

Wow, dont you read? He has to do 85% of the 11.25 years before he can get out thats mandatory for Fed time. Thats like 10 years , good behavior or not and also the restitution will be decided at a later date.

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Andrea M. Sorensen

9:28 am on Sunday, September 16, 2012

GET THE HECK OFF THE CHRISTIE CRAP. The judge sentenced ritacco, NOT Christie. You are trying to say that the board had no idea what he was doing but the Gov did? Was Christie following ritacco around every day watching every move he made? NO. But the board saw what was happening and did NOTHING!

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Joan

1:50 pm on Sunday, September 16, 2012

This must be the furniture that he picked out when he scared the furniture store with the large wade of cash he brought in to the store. Who pays cash for that much furniture? In the paper it was reported the furniture man was so afraid of Ritacco and his cash, he stacked the money up and took pictures. Who does that unless you are crook it.

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KC

2:28 am on Friday, October 5, 2012

Needed five and a half bathrooms for all the bull.

cvn809

4:47 pm on Saturday, September 15, 2012

why not have the proceeds from the sale of his house go entirely to the Toms River school district. unfortunately he didn't think of his own family while he fleeced our families. just his own greed. they'll be paying as well.

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momere

6:04 pm on Saturday, September 15, 2012

Just browsed the inside of the Ritacco house for sale in Seaside. Sure a 6x9 (or whatever size) cell won't have all these luxuries! Folks! Remember Ego and Greed will take you down every time (no matter how smart you think you are). It's so sad!

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i don't get it??

6:12 pm on Saturday, September 15, 2012

Honestly, who cares about what happens to him...more concerned about when we the taxpayers of Toms River will see the money given back so our elementary schools so they can have assemblies again, and our teams can have the correct equipment for every athlete on a team, and our middle schools have enough BOOKS per class so each student can have their own copy for the year instead of having to leave them in school so they can be shared with 2-3 other students...so like I said...Who cares what happens to HIM??!!??

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momere

6:30 pm on Saturday, September 15, 2012

I don't get it - I definitely agree and my sadness is mainly for the kids who've had to suffer snd do without in the District because of his ego and greed! Believe me I don't feel one bit said for him. Like my grandmother use to say "you make your bed you gotta lay in it" and right about now his is pretty hard.

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Matt

7:26 pm on Saturday, September 15, 2012

So I hear Sleezeside has their clown fest this weekend... To bad the biggest clown is in jail now.

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Typical Obama Voter

8:40 pm on Saturday, September 15, 2012

Big tough guy Mike Ritacco was crying in the courtroom. LOL, LOL, LOL, LOL

I bet your kids are real proud of their no good rotten crooked father now....LOL, LOL

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Chrissy The Saint

9:30 pm on Tuesday, September 18, 2012

Aqualung you must be a real happy person to find such joy in other people's misery.

Mattie

9:51 am on Sunday, September 16, 2012

It's always gonna get ya --- KARMA.

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Joan

2:03 pm on Sunday, September 16, 2012

I think those who are questioning and dragging Chris Christie in to this problem is because he has been all about doing what is right for the kids, tax payers of our State. You are correct Christie was not even around or involved when Ritacco was stealing from the Tax payers... but Christie has not responded once he found out Ritacco was doing. Not one word, that seems funny being Christie has such a big mouth and has been vocal about the public schools in general. He would have been all over that if it was some other superintendent. Is it because Ritacco had a rather large party for him when he was running for Governor or is it because Christie made him a model of Superintendents. It just seems odd that Christie has so much to say about the public school system, what everyone is doing wrong but has been totally silent about this from the beginning. That is just not his style so it is being questioned being he has so much to say about everybody and everything else.

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Martin

4:53 pm on Sunday, September 16, 2012

Bingo! You hit the nail on the head!

Allison

10:03 pm on Sunday, September 16, 2012

You'd think, with the sum of monies involved, that he would have fixed the hvac issues at Toms River HS South. Cold air coming from the heaters in the winter and HOT, stagnant air in the summer with the occasional waft of body odor from sweaty teachers and classmates. I graduated in 2004, so I'm not sure about current conditions, but the rats that were living in our classroom heating units had it better.

Some of my textbooks would have entire sections torn out. There weren't enough books to go around, so we would have to share too often.

I know these would be considered "first world problems," but look at how he was living. Disgusting.

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KC

2:31 am on Friday, October 5, 2012

There ya go Allison. That is the true cost of corruption. Use the lesson learned to make something of your life despite this misfortune. Unfortunately it is a commonplace thing our schools statewide.

Hector Logan

11:57 pm on Sunday, September 16, 2012

what's next for this website once you can't stick "Ritacco" at the end of every school news article and board meeting article? Wait.. forgot.. probably will.

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Andrea M. Sorensen

8:10 am on Monday, September 17, 2012

Let me guess, you are either a friend, work for the TR schools or have a family member who does. The things he did, and the abuse of his power, is beyond anything this town has ever seen. It affected all of us. The kids, teachers, tax payers, etc. How does anyone justify defending him?

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Hector Logan

3:35 pm on Thursday, September 20, 2012

Not defending him at all. Just tired of seeing his name plastered all over this blog. Where are all the good stories in town? I see accidents, robberies, scandals, deaths. I'm sure there's some good stuff going on in Toms River. This website just seems to trash everything in town at every turn. I find it hard to believe nothing good ever happens here.

George

7:31 am on Monday, September 17, 2012

It's what taxpayers are interested in, judging by all the comments here. It's statewide news. It has serious consequences for our schools, kids and TR's reputation for years to come. If you're not interested in this real-world scandal, go back to "The X Factor" and "Dancing With the Stars."

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algonquin

10:48 am on Monday, September 17, 2012

Hang him high. The Ritacco Center should be leveled and rebuilt. Corrupt cocksucker.

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barbara

9:33 am on Friday, October 5, 2012

So agree Andrea, well said........

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butch cassidy

10:30 am on Friday, October 5, 2012

does anyone know the story about a sister who was killed? was wondering i seem to remember something about that...also lets hope when the book comes out or the lifetime movie any monies made go somewhere other than his relatives or other toms river school buddies who all now have cushion jobs, pensions after their sudden retirements and /or their children who have the jobs now

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Doug Bennett

7:14 pm on Tuesday, October 16, 2012

As I remember it and I may a bit off on this, she was a teacher at Cedar Grove Elementary and was on her way to work. Playground improvements at the school were named after her I believe.

butch cassidy

9:55 am on Wednesday, October 17, 2012

ah doug i think you are right and i do now remember something like that too..

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