Published: May 29, 2012 5:06 PM EDT
Updated: May 29, 2012 11:41 PM EDT

FORT MYERS, Fla.- A Fort Myers woman who allegedly convinced acquaintances she was about to inherit more than $1 billion is under arrest after her scheme collapsed. Morgan Johnson, 24, of 4301 Staley Road, faces charges including Fraud and Grand Theft.

An investigation revealed that Johnson approached three family acquaintances in September of 2011 and told them she was inheriting six or seven businesses from a former employer that would pay her in excess of $1 billion.

The investigation shows that at that time, Johnson began borrowing money from the acquaintances to pay for different "emergencies" including bank levies, fees regarding a child custody battle, and even the threat that the bank was moving to foreclose on her home. Johnson claimed these emergencies all jeopardized the massive amount of money she was set to inherit. The acquaintances gave Johnson more than $46,000 to stave off the "emergencies" until they became suspicious and contacted the Lee County Sheriff's Office.

The investigation also revealed Johnson went to great lengths to keep the scam alive, including creating fictitious names of bank employees she was working with and forging bank documents that purported she was owed the large windfall.

More victims may be involved in Johnson's scheme. The investigation continues.