07:35:34 EDT Thu 25 Apr 2024
Enter Symbol
or Name

Login ID:

SEC defendant Mikula facing criminal charges

2024-02-20 21:05 ET - Street Wire

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Mike Caswell

U.S. federal prosecutors have filed criminal charges against William Mikula, a Georgia stock tout who promoted a Vancouver company, Emerald Health Pharmaceuticals Inc., as "Curing Incurable Diseases and Giving Us Over 4,900% Potential Gains." Prosecutors claim that Mr. Mikula and his associates accepted $4.2-million in undisclosed payments from insiders to boost Emerald Health and other companies. (All figures are in U.S. dollars.) Those involved in the scheme include Avatar Dhillon, a Vancouverite living in California.

The charges against Mr. Mikula are contained in a criminal information sheet filed on Jan. 30, 2024, in federal court in the Central District of California. Prosecutors identify Mr. Mikula, 38, as an analyst working for a publication called Palm Beach Venture. Also defendants are Christian Fernandez, a Mexican citizen living in Georgia, and Amit Raj Beri, an Australian living in California and Florida. The information sheet lists Mr. Dhillon as a co-conspirator, but not as a defendant. He faces separate criminal charges in Boston, where he previously pleaded guilty and awaits sentencing. The men are all defendants in a related civil case filed by the U.S. Securities and Exchange Commission.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2024 Canjex Publishing Ltd. All rights reserved.

Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.

I’m think Mr Dhillon is going to be ok.

Posted by Stockman at 2024-02-21 06:44

Another East Hindi at it again they are involved in nearly every scam that's reported

Posted by sequential at 2024-02-21 12:10