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49°
Tuesday, nov 26
Tag:
Bangkok
News
Phucket Fugitive Returned To Face Charges In NJ Deli Fraud Scheme
A fugitive from Thailand was returned to the United States to face charges in a massive market manipulation scheme involving a New Jersey deli company whose stock was once valued at an illogical $100 million, federal authorities announced. A U.S. District Court magistrate judge in Newark ordered one-time Hong Kong businessman Peter Coker Jr. held after he was flown in custody from a Bangkok jail. Coker, 54, formerly of North Carolina, was seized at a hotel in the resort area of Phuket in mid-January following the arrests of his father, Peter Coker Sr., and James Patten in North Carolina. C…