A former police officer with the Hasbrouck Heights Police Department has reportedly confessed to killing his childhood friend over a dispute about money.

The suspect served as a Hasbrouck Heights police officer for seven years before he retired in 2008. When he submitted his retirement papers, the suspect was just 29 years old.

According to law enforcement, the suspect was visiting the victim in Wood-Ridge in December 2011 when the two longtime friends got into a heated argument. The argument reportedly revolved around a financial dispute.

At some point, the argument escalated and the suspect allegedly stabbed the victim with a knife. After reportedly using the knife to stab the victim, the suspect allegedly grabbed a hammer and hit the victim again.

In July 2012, the suspect was indicted for murder. Additionally, the suspect was indicted on charges of theft, hindering apprehension, and unlawful possession of a weapon.

The suspect recently appeared in Bergen County Superior Court in Hackensack NJ and reportedly confessed to the homicide.

The suspect accepted a plea deal that calls for him to plead guilty to charges of aggravated manslaughter.

Although the suspect faced a possible life sentence if the case had gone to trial, he will now receive a sentence of 25 years in NJ State Prison as a result of the plea deal reached with prosecutors.

According to authorities, the suspect has a checkered criminal record. In 2011, two years after retiring from the police department, the suspect was arrested for prescription drug possession.

To learn more about this case, access the NJ.com article entitled “Ex-N.J. Cop Confesses to Killing Childhood Friend, Report Says.”