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Hometown International Deli Securities Fraud Fugitive Arrested in Thailand and Returned to the United States

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the staff of the Ridgewood blog

Paulsboro NJ, a former North Carolina resident appeared in court after he was  arrested and returned to the United States from Phuket, Thailand, for his role in a large-scale market manipulation scheme related to two publicly traded companies, U.S. Attorney Philip R. Sellinger announced .

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Fugitive wanted for $100M New Jersey Hometown Deli Fraud Scheme Arrested in Thailand

BB1fVVen

the staff of the Ridgewood blog

Paulsboro, NJ,  Hometown Deli is back in the news again with the arrest of  Peter Coker Jr., 54. Coker a fugitive charged over an alleged market manipulation scheme in which a small New Jersey deli mysteriously drew a $100 million valuation was arrested last week in Thailand . Coker had been on the lam since last September, when prosecutors slapped him, his father, Peter Coker Sr., 80, and associate James Patten, 63, with 12 federal charges.

Continue reading Fugitive wanted for $100M New Jersey Hometown Deli Fraud Scheme Arrested in Thailand