( CNN ) -- Hoboken , New Jersey , Mayor Peter Cammarano III -- one of dozens of politicians and rabbis arrested last week in a corruption scandal -- has resigned , the city attorney said Friday . Hoboken , New Jersey , Mayor Peter Cammarano III is accused of taking thousands of dollars in bribes . Steve Kleinman said City Council President Dawn Zimmer will be sworn in immediately as acting mayor . He said Cammarano 's letter of resignation , delivered to the city clerk at 9:15 a.m. , said his resignation would be effective at noon Friday . The Democratic Hoboken mayor was one of 44 people arrested in last week 's federal corruption probe . In his letter to the city clerk , Cammarano , 32 , denied all criminal wrongdoing , but said the charges have disrupted the city government and his ability to perform mayoral duties . `` It had been my hope and expectation that I could remain in office and perform my official duties until I had the opportunity to resolve the legal charges against me in court , '' he wrote . `` Regrettably , it has turned out that the controversy surrounding the charges against me has become a distraction to me and an impediment to functioning of Hoboken government . '' He apologized to Hoboken residents for the `` disruption and disappointment '' the case has caused , but said , `` I am innocent of any criminal charges and I intend to fight the allegations against me . '' Authorities said that 29 public officials and associates took hundreds of thousands of dollars in bribes , and that 15 people -- including five rabbis -- engaged in money laundering . Read about some linked to investigation » . One of the federal complaints alleges that Cammarano took about $ 25,000 in bribes from a government witness posing as a real estate developer . Dennis Elwell , 64 , the Democratic mayor of Secaucus , in northern New Jersey , resigned Tuesday after being charged with accepting $ 10,000 from a confidential informant . Elwell 's attorney , Thomas Cammarata , said the mayor had decided that resigning was in the best interest of his family and the people of Secaucus , but was not an admission of guilt . `` Dennis pleaded not guilty to the charges , is presumed innocent and will vigorously defend the unproven allegations made against him , '' the attorney said . Other city leaders arrested include Anthony Suarez , 42 , the Democratic mayor of Ridgefield , New Jersey , and Leona Beldini , 74 , the Democratic deputy mayor of Jersey City , prosecutors said . Earlier this week , Democrats L. Harvey Smith and Daniel Van Pelt -- two members of the New Jersey State Assembly who were among the officials arrested in the probe -- were stripped of their legislative pay and benefits , Assembly Speaker Joseph J. Roberts Jr. announced . 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 .
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 .