Securities and Exchange Commission v. MJ Capital Funding, LLC, et al. was filed in the United States District Court, Southern District of Florida on August 9, 2021, claiming that defendant Johanna M. Garcia ran a Ponzi scheme using her companies and co-defendants, MJ Capital Funding, LLC and MJ Taxes and More, Inc., to trick investors into believing they were funding loans to small businesses, when in reality, the investors’ “returns” were funded with money obtained by new investors.
Continue Reading New Complaint – SEC v. MJ Capital Funding, LLC, et al.