A New Jersey Assemblyman arrested on charges that he wrote nearly $400,000 in bad checks to investors has been released on his own recognizance.
Robert Schroeder turned himself in to state police Friday.
Authorities say the 52-year-old Republican lawmaker from Bergen County gave the bad checks to two investors in his business, which sells tents and huts to the federal government.
Schroeder's Washington Township home was also searched.
Attorney General Jeffrey Chiesa said his alleged crimes are not connected to his elected office.
Schroeder faces up to 10 years in prison if he's convicted.
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