Legal
Fugitive in $100 Million NJ Deli-Value Case Nabbed in Thailand
- US prosecutors charged Peter Coker with fraud in September
- David Einhorn cited deli as a sign of irrational exuberance
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A fugitive charged with securities fraud over a New Jersey deli once valued at more than $100 million was arrested in Thailand at the request of US authorities.
Peter Coker Jr. was taken into custody on Jan. 11, according to Matthew Reilly, a spokesperson for the New Jersey US Attorney’s office. The Bangkok Post, which previously reported the arrest, said Coker was staying in a hotel room in the Thalang district of Thailand’s Phuket province.