Feds seek lower prison term for $100 million New Jersey deli fraudster — but some reasons why are hidden
business
Federal prosecutors are asking for a reduced prison sentence for James Patten, who was involved in a stock manipulation scheme worth one hundred million dollars. The scheme centered on Hometown International, a company that owned one deli in New Jersey. Patten is the third person to face sentencing in the case. According to CNBC, some reasons behind the prosecutors' request for leniency remain sealed from public view, suggesting cooperation or circumstances not yet disclosed to the public.
Source: https://www.cnbc.com/2026/07/03/new-jersey-deli-stockfrau...
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