Wanted in connection with an alleged stock manipulation scheme.
Peter Coker Jr. is sought by US authorities on charges of fraud and shares manipulation in connection with two companies, Hometown International and E-Waste Corp, that had been traded over the counter.
The alleged illegal activities came to light in 2021, when media reports surfaced that Hometown International, whose sole asset was a delicatessen in Paulsboro, New Jersey, had a valuation of about $100 million. Thai police said U.S. officials informed them of the 54-year-old Coker Jr.’s possible entry into Thailand in December last year, and he was tracked to his residence near a popular tourist spot of Surin beach in Phuket, for which he signed a one-year-lease. He was arrested Jan. 11.
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