Brookhaven Man Sentenced to 40 Months in Federal Prison for Wire Fraud

Jackson, MS – A Brookhaven man was sentenced on January 13, 2026, to 40 months in prison and ordered to pay $928,500 in restitution for defrauding investors.

According to court documents, David Tiler Castillo, 23, falsely represented to investors that he was in the business of making investments in marketable securities, such as stocks, on behalf of others and obtained $928,500 from those investors. However, Castillo invested only about $3,000 of investors' money and used the remainder for his personal benefit, including the purchase of vehicles.

U.S. Attorney J.E. Baxter Kruger of the Southern District of Mississippi, U.S. Secret Service Special Agent in Charge Patrick Davis, Mississippi Attorney General Lynn Fitch, and Mississippi Secretary of State Michael Watson made the announcement.

The United States Secret Service, Mississippi Secretary of State Securities Division, and Mississippi Attorney General's Office Cyber Crime Division investigated the case.

Assistant U.S. Attorney Dave Fulcher prosecuted the case.