Day: March 26, 2023

Written by FinCrime

N.J. deli stock fraud defendant behind bars as feds reveal he renounced U.S. citizenship

Reported by Gabrielle Fonrouge and Dan Mangan A former fugitive in the securities fraud case involving a New Jerseydeli company once valued at $100 million renounced his U.S. citizenship in 2019, prosecutors revealed Thursday as they asked a judge to deny him bail. Peter Coker Jr. “poses a serious risk of flight, and … there are no conditions or combination thereof that […]

Written by FinCrime

Venezuela arrests 21 in corruption crackdown, 11 more wanted

Reported by Marianna Parraga CARACAS, March 25 (Reuters) – An expanding anti-corruption probe in Venezuela has led to the detention of 10 officials and 11 businessmen, the country’s attorney general said on Saturday, adding that arrest warrants for 11 more people have been issued. The investigation, which began in October, is focused on state oil […]