South Florida Businesswoman Receives 20-Year Sentence for $200 Million Merchant Cash Advance Ponzi Scheme
In a significant legal development, Johanna Michely Garcia, the former CEO of MJ Capital Funding, LLC, based in Pompano Beach, Florida, has been sentenced to 20 years in federal prison for orchestrating a Ponzi scheme that defrauded investors of approximately $200 million. Operating from October 2020 to August 2021, Garcia, along with her co-conspirators, including […]
