Hoboken , Hoboken , Mayor Peter Cammarano III steps down in wake of scandal . Assembly , 44 of 44 arrested in corruption probe , accused of taking bribes . When the arrests were announced July 23 , prosecutors said investigators had searched about 20 locations in New Jersey and New York to recover `` large sums of cash and other evidence of criminal conduct , '' and executed 28 seizure warrants against bank accounts that they believe were involved in laundering money . New Jersey Mayor Peter Cammarano III resigned earlier after being linked to investigation . Both maintain their innocence , saying stepping down is not admission of guilt .
Hoboken , Hoboken , Mayor Peter Cammarano III steps down in wake of scandal . Assembly , 44 of 44 arrested in corruption probe , accused of taking bribes . New Jersey Mayor Peter Cammarano III resigned earlier after being linked to investigation . Both maintain their innocence , saying stepping down is not admission of guilt .