Business

Business Fraud Case in New Jersey

Updated 2026-07-16 00:10 UTC 1 source Negative

$100M fraud defendant Patten faces sentencing for a scheme that manipulated the stock market of a company owning a small New Jersey deli. The case highlights ongoing corporate malfeasance.

Coverage timeline — 1 article

CNBC

$100M New Jersey deli fraud defendant Patten wants no prison time despite past conviction

James Patten is the person to be sentenced for a scheme that sent the market capitalization of a company that owned just a small New Jersey deli soaring.

2026-07-15 23:56 UTC