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Ferrum criminal trial – Allen, Cox and Willy – pushed back until next year - Lubbock Lights

Summary by Lubbock Lights
A federal judge pushed back the criminal trial of Joshua Allen, Michael Cox and Brooklynn Chandler Willy from September 15 until next year. Allen and Cox were owners of Lubbock-based Ferrum Capital which is accused of defrauding hundreds of Texans – most of them in the Lubbock or San Antonio areas – through a Ponzi scheme. A grand jury indicted them in July along with Willy, who was their San Antonio business affiliate. Willy was also indicted l…
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Lubbock Lights broke the news in on Friday, September 5, 2025.
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