Broward Woman Johanna Garcia Accused Of Running Ponzi Scheme

Miami FL

23 August, 2021

2:31 PM

Description

By Bobeth Yates, CBS Miami August 23, 2021 Johanna Garcia, a Broward County woman who owns MJ Capital Funding, is being investigated by the Securities and Exchange Commission. The SEC is accusing Garcia of runny a Ponzi scheme. According to court documents, MJ Capital Funding convinced more than 2,000 people to invest thousands of dollars and in exchange they would get back typically 120% for six-month investments. CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.