If you were an investor of MJ Capital Funding, you may be entitled to make a claim. You can submit your information on this page and also obtain case updates.

Dec 3, 2024 · MIAMI – Johanna Michely Garcia, the former Chief Executive Officer of MJ Capital Funding, LLC was sentenced to 240 months in prison today. On July 16, Garcia, 41, from Broward County, Fla., pled guilty to conspiracy to commit mail and wire fraud.

Jul 22, 2024 · According to Court records, after the FBI and Securities and Exchange Commission (SEC) effectively shut down MJ Capital Funding, in the fall of 2021, Garcia, Ruiz Hernandez, and others began operating a new Ponzi scheme that was identical to …

Dec 4, 2024 · Johanna Garcia’s guilty plea brings the MJ Capital Funding fraud totals to three guilty pleas; $190 million fraudulently raised; and $90 million lost by investors.

Dec 4, 2024 · Garcia controlled MJ Capital Funding, which sought investments from backers by promoting high-cost loans called merchant cash advances, according to court documents.

Aug 25, 2023 · MIAMI – A South Florida federal grand jury has charged Johanna Michely Garcia, the former Chief Executive Officer of MJ Capital Funding, LLC, with conducting an investment Ponzi fraud scheme, totaling approximately $190,700,000, from the business.

Jul 24, 2024 · Garcia, 41, from Broward, was the former Chief Executive Officer of MJ Capital Funding, LLC, which solicited funds from investors for merchant cash advances, or MCAs, a type of short-term...

Dec 8, 2024 · — The former CEO of MJ Capital Funding, LLC, was sentenced to 20 years in federal prison for her role in a $200 million Ponzi scheme that defrauded investors and caused nearly $90 million in losses, according to the U.S. Attorney’s Office for the Southern District of Florida (USAO).

Jul 24, 2024 · Via its website and social media, MJ Capital Funding claimed to sell merchant cash advances (MCA), short-term loans that are to a business what a payday loan is to an individual.

Jul 22, 2024 · Johanna Michely Garcia, 41, formerly the CEO of Pompano Beach-based MJ Capital Funding, LLC, admitted to leading a fraudulent scheme from October 2020 to August 2021, which falsely promised...