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Federal prosecutors are recommending a reduced prison sentence of 12 to 18 months for James Patten, who pleaded guilty to securities fraud in a $100 million case. This recommendation contrasts with sentencing guidelines suggesting a term of 70 to 87 months, and aims to align with the sentences of co-defendants who received shorter terms. The court will decide on the sentence on July 21, 2026.
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Federal prosecutors are recommending a reduced prison sentence of 12 to 18 months for James Patten, who pleaded guilty to securities fraud in a $100 million case. This recommendation contrasts with sentencing guidelines suggesting a term of 70 to 87 months, and aims to align with the sentences of co-defendants who received shorter terms. The court will decide on the sentence on July 21, 2026.
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Feds seek lower prison term for $100 million New Jersey deli fraudster — but some reasons why are hidden
Federal Prosecutors Recommend Reduced Sentence for New Jersey Securities Fraud Defendant