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Father, Son Admit To Using South Jersey Deli In $100M Stock Inflation Scheme: Feds Father, Son Admit To Using South Jersey Deli In $100M Stock Inflation Scheme: Feds
Father, Son Admit To Using South Jersey Deli In $100M Stock Inflation Scheme: Feds A quiet deli in Paulsboro became the unlikely focal point of a $100 million stock manipulation scheme led by a father and son, authorities said. Peter Coker Sr., 82, of Chapel Hill, North Carolina, and his son, Peter Coker Jr., 56, pleaded guilty on Thursday, Dec. 19 to securities fraud and conspiracy to commit securities fraud, New Jersey's U.S. Attorney Philip Sellinger said in a news release. Coker Jr. is a former resident of Hong Kong. Prosecutors said the plan started around 2014 when two New Jersey residents opened Your Hometown Deli on Mantua Avenue. The pair soug…

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by Chris Spiker
News
Ex-NJ Bank Employee Stole $1M From Customer, Used Money To Fund Business Ventures: Cops Ex-NJ Bank Employee Stole $1M From Customer, Used Money To Fund Business Ventures: Cops
Ex-NJ Bank Employee Stole $1M From Customer, Used Money To Fund Business Ventures: Cops A former bank employee has been charged with stealing nearly $1 million from a customer whom he'd befriended then invested the money in side business ventures, authorities in Burlington County announced. Agha Hasan, 41, of Bordentown, is facing a litany of charges including theft by deception and tax evasion stemming from the  $998,188 in stolen money, dating back to 2018, Burlington County Prosecutor LaChia L. Bradshaw said. The investigation began last year after fraud investigators for Santander Bank contacted police about questionable transactions conducted and overseen by Ha…

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by Cecilia Levine