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$100M New Jersey deli fraudster James Patten sentenced to 21 months in prison

James Patten has been sentenced to 21 months in prison for his role in a $100 million New Jersey deli stock fraud scheme.

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The brief

James Patten, a man from North Carolina, received a 21-month prison sentence for his involvement in a deli stock fraud scheme based in New Jersey. The fraud involved an estimated $100 million.

Coverage from CNBC, Bloomberg, Crain's New York Business, Law360, and The Times of India emphasizes the scale of the financial scam and the specific duration of Patten's sentence. Reports focus on the sentencing of Patten; coverage does not specify further legal actions or other individuals involved in the scheme.

Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated just now.

Quick answers

How long is James Patten's prison sentence?

He has been sentenced to 21 months in prison.

What was the estimated value of the fraud scheme?

The fraud scheme was valued at $100 million.

Where did the fraud take place?

The deli stock fraud occurred in New Jersey.

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