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Assemblyman Schroeder Charged With Writing $400k In Bad Checks

State Assemblyman Robert Schroeder wrote almost $400,000 in bad checks, according to the state attorney general.

New Jersey State Assemblyman Robert Schroeder was charged Friday with writing almost $400,000 worth of bogus checks, according to a press release from the state attorney general's office.

Schroeder allegedly wrote the checks to people who invested in his Hillsdale-based company, All Points International Distributors. The company manufactures pre-fabricated structures. Most of the company's business has been with the federal government, according to the press release.

Schroeder said he wrote two checks totalling about $100,000 because he believed the U.S. Army had wired him money owed for a contract, according to a report on NorthJersey.com. Schroeder apologized and said the debt had been paid, according to the report.

Officials from the attorney general's office said they believed Schroeder had "intentionally" written bad checks. State officials seized seven bank accounts maintained by Schroeder under API and other businesses, including Hercules Global Logistics, LLC and RS Consultants, LLC.

“Deliberately writing checks when you know that you don’t have the funds to back them is a crime, and when it involves the kind of money alleged here, it’s a very serious crime,” Attorney General Jeffrey Chiesa said in the press release.

Chiesa said the investigation is still ongoing and other investors may have also been duped. Detectives searched Schroeder's Washington Township home and API headquarters in Hillsdale Friday morning.

Schroeder was charged with second-degree passing bad checks at a State Police Sub Station in Totowa. Officials said he was expected to be released without bail. Schroeder faces as much as 10 years in state prison and $150,000 in criminal fines, according to the attorney general's office.

Schroeder, 52, is a Republican who represents New Jersey's 39th District in the State Assembly. He began his first term in 2010 and started a second term in this year. He previously served on the Washington Township Council. 

Schroeder did not immediately return calls for comment Friday.

Patch will have more information on this story as it becomes available.

Dana Egbert August 06, 2012 at 09:23 PM
Joe Taxpayer, All that is well and good, but in case you missed it, this article about Schroeder. No matter how many times Scheoeder, or his fans try and change the subject, this is about Schroder bong a crook.
Dana Egbert August 06, 2012 at 09:27 PM
Maybe has to do with that big "R" after his name...
Joe Taxpayer August 06, 2012 at 10:49 PM
Yes. And Mr. Schroeder will have his chance in court to prove his innocence. That is the american way. Mr. Schroeder is accountable. Unfortunately Corzine is not being held accountable because AG Holder has been told not to investigate the theft of billions of pensioners money by The President. On top of that Obama is accepting Corzine's contributions. Justice for Schroeder but not Corzine? I guess it's okay to steal if you are a liberal. Unfortunately Jon Corzine who
Dana Egbert August 06, 2012 at 11:20 PM
I don't think you will find anyone who will disagree with prosecuting Corzine. What you're doing is trying to change the subject by blaming others, something Obama does all the time to Dubya. Regarding the stealing comment, I guess you'd have to ask a liberal.
Jose A. Camacho, Esq. September 14, 2012 at 06:11 AM
Send this fool to jail. Go to jail! Do not pass go! Do not collect $200! Take an orange jumpsuit, a 4'x8' room with bars, a roommate named Bubba, and enjoy!

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