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A fugitive facing federal criminal stock-manipulation charges in the United States in connection with a small New Jersey deli whose parent company was once preposterously valued at $100 million has been arrested by authorities in a resort area of Thailand.
Peter Coker Jr., who last was known to be living in Hong Kong, his father and another man are charged in the case involving the deli owner, Hometown International, and a related shell company, E-Waste.
The Bangkok Post first reported that Coker Jr., 54, was arrested on Jan. 11 in a hotel room in the Thalang district of Phuket province, Thailand.
“I can confirm it happened,” Matt Reilly, a spokesman for the U.S. Attorney’s Office in New Jersey, told CNBC in an email Wednesday.
Coker Jr.’s father, Peter Coker Sr., 83, and a third defendant, 63-year-old James Patten, were arrested in the…
