Feds sought to jail father charged in $100 million New Jersey deli scam with Hong Kong-based son at large

Summary by CNBC
Peter Coker Sr., 80, was arrested Monday in North Carolina in the alleged deli scheme. His Hong Kong-based son was also charged and remains at large.
Published 2 months ago · United States

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Father-son duo charged with fraud, market manipulation in $100 million New Jersey deli scheme

A father, son, and associate were charged with 12 counts of fraud for their involvement in a scheme that valued their small town deli at $100 million.

2 months ago·United States
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Feds sought to jail father charged in $100 million New Jersey deli scam with Hong Kong-based son at large

Peter Coker Sr., 80, was arrested Monday in North Carolina in the alleged deli scheme. His Hong Kong-based son was also charged and remains at large.

2 months ago·United States
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Three Men Behind Last Year's $100 Million Publicly Traded New Jersey Deli Charged In Alleged Stock Fraud Campaign

The orchestrated scheme helped a local New Jersey deli sport a market capitalization of $100 million.

2 months ago·United States
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Three men charged with fraud in saga of South Jersey deli once valued at $100 million

Your Hometown Deli, the former Paulsboro, New Jersey store that was once valued at $100 million, is now the subject of a federal fraud case against three defendants who are accused of manipulating the stock of the shell company that listed it as its sole asset. The meme stock gained national attention last year over the absurd valuation, which regulators say was driven by a conspiracy between James Patten, 63, of Winston-Salem, North Carolina; Pe

2 months ago·Philadelphia, United States
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3 Men Charged in $100 Million New Jersey Deli Fraud Scheme

U.S. authorities on Monday filed civil and criminal charges against three men for allegedly orchestrating a large-scale market ...

2 months ago
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