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Embattled NJ Lawmaker Faces New Loan Default Suit

By Lisa Coryell ( September 5, 2012, 5:51 PM EDT) -- New Jersey Assemblyman Robert Schroeder has been hit with the latest in a string of bank lawsuits, this time from Atlantic Stewardship Bank alleging the lawmaker committed fraud by hiding millions of dollars in loans when he applied for a $2.5 million bank loan that he has since defaulted on....

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