Three men charged with fraud in $100 million New Jersey deli scheme

James Patten, Peter Coker Jr. and Peter Patten are charged with 12 counts, including conspiracy to commit securities fraud, securities fraud and conspiracy to manipulate securities prices. Your Hometown Deli, the business at the center of the probe, was located in Paulsboro, New Jersey, over the Delaware River from Philadelphia. The deli, lauded for its cheesesteaks and Italian subs, made under $40,000 in annual revenue and closed earlier this year. The accusations also are connected to the men’s involvement in a fellow shell company called E-Waste.

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