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Justice Dept.: President, CEO of Las Vegas-Based Company Pleads Guilty for Role in Investment Fraud Scheme
November 23, 2024
WASHINGTON, Nov. 23 -- The U.S. Department of Justice issued the following news release on Nov. 22, 2024:

A Nevada man pleaded guilty yesterday to one count of wire fraud stemming from his role in a years-long fraud scheme, during which he stole more than $6.1 million in victim investor funds.

According to court documents, Mykalai Kontilai, formerly Michael Contile, 55, of Las Vegas, facilitated an investment fraud scheme involving his company, Collector's Coffee Inc., . . .

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