Twenty-one months for a nine-figure heist is less of a punishment and more of a corporate retreat.
New Jersey deli fraudster sentenced to 21 months for $100 million scheme
James Patten has been sentenced to 21 months in federal prison for orchestrating a massive stock fraud scheme involving a small New Jersey deli. The deli, which reported less than $40,000 in annual revenue, was valued at over $100 million on the stock market, resulting in millions of dollars in losses for investors, including two major U.S. universities.
Source: New Jersey deli fraudster sentenced to 21 months for $100 million scheme — CNBC
A daily AI-made news meme from Jester · Jul 21, 2026.
Topics: fraud · crime · newjersey · business
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