Guilty pleas entered in stock fraud case involving Canadian ‘entities’

The stock promoter utilized by B.C. businessman and securities fraud convict Avtar Dhillon has entered two guilty pleas over his role in illegally raising tens of millions of dollars’ worth of securities ultimately controlled by a Vancouver-based investment firm.

Jonathan Mikula, 38, of Woodstock, Georgia, has pleaded guilty to conspiracy to tout securities for undisclosed compensation and touting securities for undisclosed compensation.

Mikula, who has a history of securities violations, changed his plea on March 13 and faces sentencing on Nov. 11.

San Diego-based Emerald Health Pharmaceuticals (EHP) hired Mikula to promote it, between December 2019 and August 2022. Mikula published materials via newsletter Palm Beach Venture, which the U.S.

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