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“The Pastrami Must Be Amazing”: How a Single NJ Sandwich Shop Became a $100M Stock Scam

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Mastermind Behind Notorious $100 Million NJ Deli Stock Scheme Sentenced to 21 Months in Prison

the staff of the Ridgewood blog

CAMDEN, NJ — One of the wilder financial fraud sagas in recent stock market history has reached its conclusion. Former stockbroker James Patten has been sentenced to 21 months in federal prison for orchestrating a massive $100 million stock manipulation scheme centered around a small, local New Jersey sandwich shop.

Continue reading “The Pastrami Must Be Amazing”: How a Single NJ Sandwich Shop Became a $100M Stock Scam