The Mayor of the Ocean County borough of Ocean Gate was charged on Friday with Official Misconduct and Theft, announced Ocean County Prosecutor Bradley Billhimer.

Paul Kennedy, 66, who is the 10th mayor in the 104-year history of Ocean Gate, was charged following an in-depth investigation by the Ocean County Prosecutor’s Office Professional Standards/Corruption Unit, and Ocean County Prosecutor’s Office Economic Crime Squad who found that he allegedly became engaged in illegal activity.

He is accused of not turning over the sale of borough assets that were sold through the government auction website, GovDeals.com, and kept the money for himself.

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Kennedy also allegedly failed to deposit borough parking meter funds into the bank account of the borough and sold borough office furniture through a private Facebook Marketplace account, and is accused of also keeping the proceeds for himself here as well.

He was processed at the Ocean County Sheriff’s Office and released on a summons pending a future court date.

Prosecutor Billhimer said that the Ocean County Prosecutor’s Office Professional Standards/Corruption Unit, Ocean County Prosecutor’s Office Economic Crimes Squad, Ocean Gate Police Department, and Ocean County Sheriff’s Office, worked collectively on this investigation.

Ocean Gate Mayor Paul Kennedy and Ocean Gate Police Chief Mike Kutchta could not be reached for comment by Townsquare Media-Jersey Shore News.

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