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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