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Father, Son Admit To Using Paulsboro 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…
Drugs, Ghost Guns, Corruption: Former Middletown Police Sergeant Indicted, Prosecutors Say
A former Middletown police sergeant was given 22 criminal charges after an investigation revealed a web of illegal activity involving untraceable guns, drugs, and abuse of power, authorities said.
David Ringkamp, 43, was indicted by a grand jury, Monmouth County Prosecutor Raymond Santiago said in a news release on Thursday, Dec. 19. Ringkamp was formerly a Union Beach resident.
The investigation into Ringkamp began in December 2021. New York State Police identified Nicholas D’Ambrosio of Millstone as someone purchasing kits to assemble ghost guns, which are illegal in New Jersey.…