SEC charges three in N.J. deli $100 million valuation scheme

CNBC

Center

Mixed Factuality

Individual: Roberts Family

Three men charged with fraud in $100 million New Jersey deli scheme

The indictments are the latest shocking twist involving Your Hometown Deli in Paulsboro, New Jersey.

National Post

Lean Right

High Factuality

Individual: Leon Cooperman

Corporation: Allianz

SEC charges three in N.J. deli $100 million valuation scheme

WASHINGTON — The Securities and Exchange Commission charged three men on Monday in a scheme that resulted in a $100 million valuation for a New Jersey deli and…

Bloomberg

Lean Left

Mixed Factuality

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

Infamous $100 Million New Jersey Deli Draws SEC Fraud Suit

OAN

Right

Low Factuality

Independent: Herring Networks

$100 million New Jersey deli scheme leads to U.S. fraud charges – One America News Network

By Jonathan StempelNEW YORK/WASHINGTON (Reuters) – Three men, including a father-and-son duo, were criminally charged on Monday with orchestrating a market manipulation scheme that briefly caused the owner of a tiny New Jersey deli to have a more than $100 million market valuation.Peter Coker Sr, 80, Peter Coker Jr, 53, and James Patten, 63, were charged by the U.S. Department of Justice in a 12-count indictment with securities fraud and con…

NBC New York

Lean Left

High Factuality

Individual: Roberts Family

Private Equity: HM Capital Partners

$100 Million NJ Deli Scheme Leads to Fraud Charges Against Father, Son

Prosecutors allege that a New Jersey deli that somehow became a $100 million stock was just a long-running fraud.