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Browsing Tag

ponzi scheme

8 posts
LLubbock
Lubbock Pair Faces Up to 70 Years in Prison Following Federal Ponzi Conviction
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Lubbock Pair Faces Up to 70 Years in Prison Following Federal Ponzi Conviction

  • August 24, 2026
A federal jury convicted two Lubbock men in San Antonio Tuesday afternoon for their roles in a massive…
LLubbock
Ferrum Capital victims say justice was served
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Ferrum Capital victims say justice was served

  • August 22, 2026
LUBBOCK, Texas (KCBD) – A San Antonio jury found former Lubbock financial advisors Josh Allen and Michael Cox…
LLubbock
Testing Trust: Judge orders $4M+ forfeiture against San Antonio fraud defendant
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Testing Trust: Judge orders $4M+ forfeiture against San Antonio fraud defendant

  • August 8, 2026
LUBBOCK, Texas (KCBD) – We have an update in our ongoing KCBD Investigates series Testing Trust. Two Lubbock…
LLubbock
Sentencing delayed for San Antonio financial advisor in Lubbock Ponzi scheme case
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Sentencing delayed for San Antonio financial advisor in Lubbock Ponzi scheme case

  • August 3, 2026
LUBBOCK, Texas (KCBD) – A federal court has delayed sentencing for a San Antonio financial advisor who pleaded…
LLubbock
Sentencing delayed for San Antonio financial advisor in Lubbock Ponzi scheme case
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Sentencing delayed for San Antonio financial advisor in Lubbock Ponzi scheme case

  • August 3, 2026
LUBBOCK, Texas (KCBD) – A federal court has delayed sentencing for a San Antonio financial advisor who pleaded…
LLubbock
Lubbock investors recover funds after legal battle with businessman
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Lubbock investors recover funds after legal battle with businessman

  • June 23, 2026
LUBBOCK, Texas (KCBD) – Two Lubbock investors say they have recovered their money after a court-appointed receiver struck…
LLubbock
Lubbock investors recover funds after legal battle with businessman
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Lubbock investors recover funds after legal battle with businessman

  • June 23, 2026
LUBBOCK, Texas (KCBD) – Two Lubbock investors say they have recovered their money after a court-appointed receiver struck…
SSan Antonio
San Antonio real estate CEO Devin Elder pleads guilty in investor fraud case
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San Antonio real estate CEO Devin Elder pleads guilty in investor fraud case

  • February 20, 2026
Real estate CEO Devin Elder speaks on a podcast about owning his own helicopter. Credit: Screen capture: Youtube…
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