New Jersey deli defendant Peter Coker arrested in Thailand

New Jersey deli defendant Peter Coker arrested in Thailand

Your Hometown Deli in Paulsboro, N.J.

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A fugitive facing federal criminal stock-manipulation charges in the United States in connection with a small New Jersey deli whose parent company was once preposterously valued at $100 million has been arrested by authorities in Thailand.

Peter Coker Jr., who last was known to be living in Hong Kong, is one of three people charged in the case involving the deli owner, Hometown International, and a related shell company, E-Waste.

His father, Peter Coker Sr., 83, and a third defendant, 63-year-old James Patten, were arrested in the case last fall in North Carolina, and since then have made appearances in New Jersey federal court.

The trio are accused of fraudulently pumping up the value of the publicly traded companies, which were being marketed as candidates for mergers with private companies.

This is breaking news. Please check back for updates.

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By dreamer_live

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