She said she worked miracles — not for charity, but for profit: Johanna M. Garcia connected investors with companies that needed short-term financing, promising robust returns on their money. But federal prosecutors say it wasn't a miracle; it was a lucrative Ponzi scheme.
The Florida woman is accused of perpetuating a $196 million fraud through MJ Capital Funding LLC, the company she started in the Fort Lauderdale area. Her business took in that large amount of money from more than 15,400 investors in just over a year, from June 2020 to August 2021, federal investigators say.
