NJ Assemblyman Charged With Writing Bad Checks
By Katie Colaneri, WBGO News
August 3, 2012
A New Jersey assemblyman has been charged with writing nearly $400,000 in bad checks.
Authorities say Bergen County Assemblyman Robert Schroeder defrauded investors in his business All Points International, which supplies tents and huts to various clients including the US Military.
New Jersey Attorney General Jeff Chiesa says there may be more charges to come against Schroeder.
“Meanwhile we’re continuing to investigate allegations that Mr. Schroeder wrote bad checks to numerous other people who’ve invested large amounts of money in All Points.”
Chiesa says Schroeder is already looking at up to ten years in state prison, plus fines if convicted.
“When it involves the kind of money alleged here, it is a very serious crime.”
Chiesa says the charges have no connection to his political office.
Anyone who may have invested money with Schroeder is asked to call 1-866-TIPS-4CJ.
© 2012 WBGO News
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