PORTLAND -- Former Portland parking manager Ellis McCoy pleaded guilty Thursday morning to five counts that included conspiracy to pay and accept bribes, accepting bribes, and filing a false income tax return.
McCoy, 61, admitted taking $164,500 between June 2004 and July 2011, along with "gifts of travel" valued at $20,000.
He also admitted to owing $43,000 in income taxes, said U.S. Attorney for Oregon Amanda Marshall. He filed false federal tax returns from 2006 to 2008, she said.
McCoy will be sentenced on Nov. 26.
The case involves his relationship with the company, Cale Parking Systems, that provided parking meters in downtown Portland. McCoy had formed a consulting company, EKM, as part of the scheme, according to prosecutors.
He faces a potential 20 years behind bars and millions in fines.
The FBI had raided his office in August of 2011 and also searched his Hillsboro home.