this guy belongs in jail!!!!! he had the big fancy house on the lake and the fancy cars and now we all see that he cant pay back small loans, i bet there are a lot of people who gave him money and are not comming forward so they dont look stupid. it will get even deeper as time goes on and more people come forward. his building in hillsdale is all closed up and everything is all moved out

This guy makes me laugh. He would strut around town with such arrogance that it's almost as if karma came down from the sky and literally bit him on the rear. With his 2 flag presidential convoy of cars and his personal straight razor shaves at the salon it's no wonder it was all a facade. hat goes up must come down. I only fe bad for the children who must be getting teased something terrible at school. Selfish man....

How can this man properly represent US if he is fighting off all these banks in his personal life. He should do the right thing and resign.

Not saying what Bob did is right AT ALL- he screwed a lot of people etc. over. It just bothers me that knowing him for YEARS (just casually from being around), he was always a good guy... I can't imagine what happened to get him to go to the extent of doing all these things, it didn't seem to be in his character. He is paying big time, he's losing everything - even though everyone won't get paid back I'm sure. From what I know people are talking quite openly about giving him $, refusing to, some who even got paid back then wouldn't do it again and so on. I'm just commenting here because he does have a wife & kids that probably had NO idea what was going on. Every time I read one of these articles I think of them.

My children go to school with the Schroeder kids. I can't help but empathise with them and his wife as well. Granted, for many years she paraded around town with that that i'm better than attitude because her husband was very successful. Similar to some of the law enforcement community.(please, glorified crossing guards with guns, not talking body extremities either.) Because then I would more appropriately call them toothpicks...lol Instead, I almost feel pity for her considering the how difficult it must be in our small town. Him, he can rot. How did he think he was going to get away with this? If it wasn't for our crack-whip police force never missing a beat, he might still be out there becoming the next Madoff...

Lol Matt how true

The bigger issue, is that he was financing all of the Bergen Republicans politicans for years and years and years and it was these politicans who were outright slamming and SCREAMING about the alleged Bergen Democratics and their alleged fraud, which turned out to be "not filing disclosure statements" and was thrown out after Chrisite won election...... Now Bergen Republicans are 100% silent on this clear fraud of theft of over $20,000,000.00 from local banks and shop owners... So, for years of hearing about fake local Democratic scandals, it is now revealed Bergen Republicans were propped up by stolen funds... THIS IS AN OUTRAGE and the bigger issue the Bergen Record is not covering it becasue of their conflict with Republican Party boss Alan Marcus sucking the brain out of editor Sporty Steve Borg..