July 21, 2026
The third member of a trio who admitted to their roles in running a market manipulation scheme that tricked investors into thinking a small, unprofitable New Jersey deli was worth $100 million was sentenced to 21 months in federal prison on Tuesday.
May 13, 2025
A father and son were handed down federal prison sentences on Tuesday for their roles in a scheme that tricked investors into thinking a small, unprofitable Garden State deli was worth $100 million.
December 20, 2023
A North Carolina man pled guilty in New Jersey federal court Wednesday for his role in a market manipulation scheme involving a small New Jersey deli, in which he and two alleged co-conspirators artificially inflated the share prices of two companies, the U.S. Attorney's Office for the District of New Jersey said in a statement.
September 06, 2023
A New Jersey federal judge won't rethink releasing a man accused of running a market manipulation scheme involving a small New Jersey deli with his father and a blacklisted stockbroker, despite his contention that a pledge of an additional $1 million of his own money negates his flight risk.
March 29, 2023
A man accused of running a market manipulation scheme involving a small New Jersey deli, along with his father and a blacklisted stockbroker, has been temporarily detained after a magistrate judge granted bail but immediately stayed the decision, giving prosecutors time to weigh an appeal and further investigate the conditions of his release.
January 23, 2023
A fugitive accused of running a market manipulation scheme along with his father and a blacklisted stockbroker involving a small New Jersey deli has been arrested in Thailand, New Jersey federal prosecutors confirmed Monday.
September 26, 2022
Federal authorities charged three men Monday with running a market manipulation scheme involving a small New Jersey deli, saying the trio allegedly took control of the outstanding shares of two companies and then artificially inflated the share prices through manipulative trading techniques for personal gain.