Florida woman sentenced to 20 years for leading nearly $200M Ponzi scheme

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A South Florida woman will spend the next 20 years in prison for leading a nearly $200 million Ponzi scheme that defrauded several investors.On Tuesday, a judge sentenced 41-year-old Johanna Garcia to 20 years in prison. Garcia, the former CEO of MJ Capital Funding, LLC pled guilty for her role in a $190,700,000 Ponzi scheme that defrauded several investors.

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