Justice Dept.: President and CEO of Las Vegas-Based Company Sentenced for Role in Investment Fraud Scheme Where He Stole Millions in Victim Investor Funds
December 07, 2024
December 07, 2024
WASHINGTON, Dec. 7 -- The U.S. Department of Justice issued the following news release on Dec. 5, 2024:
A Nevada man was sentenced yesterday to 51 months in prison and ordered to pay $6.1 million in restitution stemming from his role in a years-long fraud scheme.
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., doing business as Collector's C . . .
A Nevada man was sentenced yesterday to 51 months in prison and ordered to pay $6.1 million in restitution stemming from his role in a years-long fraud scheme.
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., doing business as Collector's C . . .