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The Independent UK
The Independent UK
National
Graeme Massie

Florida’s ‘Mother Teresa’ charged in $196m Ponzi scheme

SEC Florida Justice Department
Getty Images

A Florida man and a woman authorities say is “often referred to as ‘Mother Teresa’ in her community” have been charged with running a $196m Ponzi scheme.

The Justice Department alleges that Pavel Ruiz, 29, took $6.5m of $42m defrauded from investors through the scheme run by Johanna Garcia’s company.

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