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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…
Life Sentences Cut Short For Brothers Convicted In Violent South Jersey Bank Robberies: Feds
The life sentences have been reduced for two New Jersey brothers convicted in a string of violent crimes, including armed bank robberies and a thwarted armored car heist in the late 90s, authorities said.
Charles Rodriguez, 58, and Joseph Rodriguez, 57, were re-sentenced to 30 years in prison for committing two armed bank robberies and conspiring to rob an armored car, New Jersey's U.S. Attorney Philip Sellinger said in a news release on Tuesday, Dec. 17.
The brothers were initially convicted in 1999 after a six-week jury trial on conspiracy, carjacking, multiple armed robberies, …
NJ Pilot Who Went To Philippines For Sex With Underage Sisters Sentenced, Feds Say
A Mercer County pilot will spend more than a decade in prison for traveling to the Philippines to have sex with girls, authorities said.
Frank Maile, 68, of Hamilton Township, was sentenced on Thursday, Aug. 15 to 12 years in prison, New Jersey's U.S. Attorney Philip Sellinger said in a news release. Maile is also a former New Egypt resident and pleaded guilty on Sept. 6, 2023, to illicit sexual conduct abroad.
According to court documents and statements, Maile went to the Philippines as early as 2013 for "sexual contact" with two girls who were sisters and paid to sexually assaul…
NJ Broker Bought Private Jet, Luxury Caribbean Vacation In $3.4M Insider Trading Scheme: Feds
A former partner at a New Jersey broker-dealer firm was accused of insider trading, making more than $3 million in illegal profits, authorities said.
Christopher Matthaei, 44, of Brielle, was arraigned in federal court on Wednesday, July 17, New Jersey's U.S. Attorney Philip Sellinger said in a news release. A federal grand jury indicted him on Friday, June 21 for two counts of securities fraud conspiracy and seven counts of securities fraud.
According to court documents and statements, Matthaei was a partner and senior salesperson at a trading firm based in Charlotte, North Carol…