Results 1 to 9 of 9
Threaded View
-
08-18-2021, 06:10 PM #1
MCA “Funder” Was a $100M Ponzi Scheme, SEC Alleges
Wow, I dont know what to say....
It was all a ponzi scheme, the SEC alleged about MJ Capital Funding, LLC in a recently unsealed complaint. A purported MCA funding company in South Florida run by a woman named Johanna M. Garcia, is said to have raised between $70M and $129M from over 2,150 investors in roughly one years time.
https://debanked.com/2021/08/mca-funder-was-a-100m-ponzi-scheme-sec-alleges/Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
Similar Threads
-
Oregon Mining operation 100m annual REV.
By Davincinc in forum Deal BinReplies: 1Last Post: 03-13-2019, 12:25 PM -
SFS secures Pine Brook $100m line
By Capital Stack in forum Merchant Cash AdvanceReplies: 4Last Post: 11-11-2014, 04:01 PM -
Super G / Darrin Ginsberg receives $100m
By Capital Stack in forum PromotionsReplies: 3Last Post: 09-10-2014, 05:47 PM -
a bad apple running a work-from-home scheme?
By cashman in forum Merchant Cash AdvanceReplies: 1Last Post: 11-27-2012, 11:24 AM