Joshua Garza: Biography, Career, and Business Insights

Joshua Garza’s Profile Summary

Company	Cryptocurrency Fraud
Position	Founder and Chief Executive Officer of GAW Miners and ZenMiner
Source of wealth	Proceeds from GAW Miners and ZenMiner operations, sales of Hashlets, and investments in PayCoin
Also known as	Cryptocurrency entrepreneur, convicted fraudster.
Age	Unknown
Education	No publicly available information regarding educational background.
Citizenship	United States
Residence	Texas, United States
Family	Married with children.
Website, Social Media	https://www.sec.gov/enforcement-litigation/litigation-releases/lr-23960

Joshua Garza’s biography

Homero Joshua Garza, commonly known as Josh Garza, is an American entrepreneur recognized for his involvement in the cryptocurrency industry. In 2014, he founded GAW Miners, a company that initially sold cryptocurrency mining equipment. Subsequently, he launched ZenMiner, offering cloud-based mining services. Garza introduced "Hashlets," which were marketed as shares in the profits from virtual currency mining operations. However, it was later revealed that these ventures were part of a fraudulent scheme, leading to significant financial losses for investors. In 2015, Garza pleaded guilty to wire fraud charges and was sentenced to 21 months in prison in 2018. He was also ordered to pay restitution amounting to $9.1 million.

How did Joshua Garza make money?

Joshua Garza makes money in the following areas:

Proceeds from GAW Miners and ZenMiner operations, sales of Hashlets, and investments in PayCoin
What is Joshua Garza net worth?

As of 2025, there is no publicly available and reliable information regarding Joshua Garza’s net worth.

What is Joshua Garza also known as?

Josh Garza is known for creating and promoting PayCoin, a cryptocurrency that was part of his fraudulent activities. He falsely claimed substantial financial backing and partnerships to attract investors, leading to significant financial losses for many.

Prominent achievements of Joshua Garza

Founded GAW Miners and ZenMiner, launched PayCoin cryptocurrency, orchestrated a scheme resulting in over $9 million in investor losses, pleaded guilty to wire fraud, sentenced to 21 months in prison, ordered to pay $9.1 million in restitution

What are Joshua Garza’s key insights?

Garza's business approach involved aggressive marketing and rapid expansion in the cryptocurrency sector. However, his practices were marred by fraudulent activities, including misrepresentation of company capabilities and financial backing, leading to legal consequences

Joshua Garza’s personal life

Specific details about his family members are not publicly disclosed

Useful insights

Research and verification

As an expert at Traders Union, I can’t stress enough how critical it is to thoroughly research any financial opportunity before you invest. Taking a few extra steps in verifying the legitimacy of a platform or broker can save you from falling victim to scams.

Verify regulatory status

Before investing, always verify that the broker or platform is registered with reputable regulatory authorities like the SEC (U.S.), FCA (U.K.), or CySEC (Europe). Legitimate companies must be licensed. I personally recommend checking their registration number on the official regulatory websites to ensure you’re dealing with a credible platform.
Check company reputation

Do your due diligence by researching the company’s reputation. Take a look at reviews on trusted platforms and financial forums, and check user experiences on sites like Trustpilot. Unresolved complaints, especially concerning withdrawals, should be a major red flag.
Avoid unregistered sdvisors

Always ensure your financial advisor or investment manager is properly registered with regulatory bodies. Unregistered advisors are much more likely to engage in fraudulent schemes. I suggest cross-referencing their registration and track record through official regulatory websites before trusting them with your money.