Company Information

Get to know MJ Capital Finance

MJ Capital Funding, LLC, led by Johanna M. Garcia, solicited funds from thousands of investors, promising annual returns of 120% to 180%. The company claimed these returns were generated by making high-interest "merchant cash advance" (MCA) loans to small businesses. In reality, it was a classic Ponzi scheme, where funds from new investors were used to pay "returns" to earlier investors. The scheme collapsed in 2021, and the company was subsequently charged by the U.S. Securities and Exchange Commission (SEC) and the Department of Justice (DOJ).

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MJ Capital Finance

United Kingdom

Founded in

2015 (11 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.