\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tProsecution shows torrent of documents they say proves Ferrum scheme; defense floats idea Ferrum also fraud victim<\/a><\/p>\n \n\t\t\t\t\t\t\tAugust 11, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tOpening arguments in Ferrum Capital trial: Was it a \u2018big lie\u2019 and \u2018money making machine\u2019 or honest endeavor that failed?<\/a><\/p>\n \n\t\t\t\t\t\t\tAugust 10, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tAs Allen, Cox watch via Zoom, defense, prosecution battle over motions in pre-trial hearing before trial begins Monday<\/a><\/p>\n \n\t\t\t\t\t\t\tAugust 7, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tMore than a year after Joshua Allen, Mike Cox indicted by feds, Ferrum Capital trial begins Monday in San Antonio<\/a><\/p>\n \n\t\t\t\t\t\t\tAugust 6, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tWilly sentencing delayed \u2013 part of Ferrum Capital criminal case<\/a><\/p>\n \n\t\t\t\t\t\t\tAugust 3, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tJudge denies Allen\u2019s request to toss federal charges against him, claiming indictment doesn\u2019t give him chance at fair trial<\/a><\/p>\n \n\t\t\t\t\t\t\tJuly 30, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tBattle before the courtroom battle: Allen, Cox and federal prosecutors maneuvering on which evidence jury can weigh<\/a><\/p>\n \n\t\t\t\t\t\t\tJuly 21, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tJudge denies Allen\u2019s request to push back criminal trial set for August 10<\/a><\/p>\n \n\t\t\t\t\t\t\tJuly 2, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tNo plea deal and none expected in Ferrum case as Allen seeks delay and prosecutors balk<\/a><\/p>\n \n\t\t\t\t\t\t\tJune 19, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tJudge approves receiver plan, ordering Joshua Allen to not use other business assets, a step toward possible restitution<\/a><\/p>\n \n\t\t\t\t\t\t\tJune 12, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tFerrum Capital investors have until September 3 to file a claim \u2014 here\u2019s how<\/a><\/p>\n \n\t\t\t\t\t\t\tJune 4, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tReceiver in Ferrum Capital case asks judge to keep Josh Allen from selling assets in effort to reclaim money for victims<\/a><\/p>\n \n\t\t\t\t\t\t\tJune 1, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tCollection efforts against Joshua Allen in Walk-On\u2019s case successfully completed<\/a><\/p>\n \n\t\t\t\t\t\t\tMay 15, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tKey Ferrum Capital player: \u2018You\u2019re asking me \u2013 where\u2019s the rest of the money? I really want to know that. I don\u2019t know.\u2019<\/a><\/p>\n \n\t\t\t\t\t\t\tMay 13, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tFerrum victims may have one place to file claims if judge approves at May 19 court hearing<\/a><\/p>\n \n\t\t\t\t\t\t\tApril 28, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tFerrum victims may have places to look for recovery assets, says receiver who handled Amarillo Walk-On\u2019s settlement<\/a><\/p>\n \n\t\t\t\t\t\t\tApril 15, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tAllen losing ownership interest in Neufeld companies to pay off Walk-On\u2019s investor lawsuit in $835,000 settlement<\/a><\/p>\n \n\t\t\t\t\t\t\tApril 13, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tPeople who made money at start of Ferrum\u2019s \u2018Ponzi scheme\u2019 targeted to pay back half or defend themselves in court<\/a><\/p>\n \n\t\t\t\t\t\t\tMarch 23, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tFerrum affiliate Willy pleads guilty to ten federal charges in San Antonio \u2013 Joshua Allen, Michael Cox still awaiting trial<\/a><\/p>\n \n\t\t\t\t\t\t\tMarch 19, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tFeds update charges against Willy in Lubbock-based Ferrum Capital case, could take her assets<\/a><\/p>\n \n\t\t\t\t\t\t\tMarch 4, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tCriminal trial delayed for Ferrum co-founders Joshua Allen and Michael Cox, Willy negotiating plea deal with feds<\/a><\/p>\n \n\t\t\t\t\t\t\tFebruary 4, 2026\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tJosh Allen may lose companies as one impact from receivers working on Walk-On\u2019s, Ferrum cases<\/a><\/p>\n \n\t\t\t\t\t\t\tNovember 25, 2025\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t$1.2 million dollar victory for Ferrum victims \u2013 only a fraction of what they lost according to FBI statement<\/a><\/p>\n \n\t\t\t\t\t\t\tNovember 21, 2025\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tFBI asks Ferrum victims to come forward, while receiver aggressively seeks immediate payments to victims<\/a><\/p>\n \n\t\t\t\t\t\t\tNovember 7, 2025\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tWhere did money in Ferrum Capital go? Answers found in forensic accounting report obtained by Lubbock Lights.com<\/a><\/p>\n \n\t\t\t\t\t\t\tOctober 8, 2025\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tFerrum criminal trial \u2013 Allen, Cox and Willy \u2013 pushed back until next year<\/a><\/p>\n \n\t\t\t\t\t\t\tSeptember 5, 2025\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tFerrum detour to Delaware ends; what that means for victims in Lubbock, San Antonio<\/a><\/p>\n \n\t\t\t\t\t\t\tJuly 29, 2025\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tCriminal trial date set for Ferrum\u2019s Allen, Cox; their San Antonio affiliate\u2019s court process pushed back<\/a><\/p>\n \n\t\t\t\t\t\t\tJuly 24, 2025\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\tBattle to recover millions for victims in Lubbock, San Antonio is also a tug of war between Delaware, Texas<\/a><\/p>\n \n\t\t\t\t\t\t\tJuly 16, 2025\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\u2018Finally \u2026 in shackles\u2019 \u2013 Ferrum victims \u2018ecstatic\u2019 about criminal charges against Allen and Cox<\/a><\/p>\n \n\t\t\t\t\t\t\tJuly 10, 2025\t\t\t\t\t\t<\/p>\n Witnesses discuss what they did when concerns began<\/p>\n Charlie Harper got connected with Ferrum Capital through its San Antonio affiliate Brooklynn Chandler Willy. He later wrote a letter to get out of his contract.<\/p>\n To follow up he got online, found a phone number, Cox answered and said he\u2019d get back to him, Harper said.<\/p>\n The money was tied up in overseas banks, Harper said he was told. Then Harper started talking to Cox every two weeks in January, he said.<\/p>\n \u201cAfter a dozen phone calls, I said, \u2018I want my money,\u2019\u201d he said, adding he was told interest would be paid up to November.<\/p>\n \u201cI wanted it through April,\u201d he said. <\/p>\n The money was transferred.<\/p>\n Richard Pickett said he talked to Cox, who said he needed to talk to Allen \u2013 but added he had a hard time connecting with Allen.<\/p>\n Ann Stafford talked to Cox, who told her they hired attorneys to go after Collins Asset Group to get money back.<\/p>\n \u201cI wanted my money back,\u201d she said, adding Cox stopped responding.<\/p>\n Pamela Herndon sent Allen a text in May 2024, saying she needed to get her money. On May 28 she was told CAG has issues causing them to be delinquent and, \u201cIt\u2019s like pulling teeth. We are being very forceful with them,\u201d Allen texted in screenshots of the texts shown in court.<\/p>\n Holly Boyd said, \u201cWhen everything hit the fan, I started calling and could not get return calls.\u201d<\/p>\n Witnesses question validity of documents<\/p>\n Herndon \u2013 whose son Cody Herndon testified Tuesday \u2013 thought her $250,000 check was going to North American Annuity, but it went to Ferrum.<\/p>\n \u201cNo idea it was going to Ferrum,\u201d she said.<\/p>\n She also questioned if she signed a document shown in court \u2013 \u201cThe signature is similar, but I\u2019ve never seen the document and it\u2019s not my signature.\u201d<\/p>\n Bert Hanigan watched as Blackwell produced a document showing money from his Provident account went into Ferrum II, but Hanigan said it was not his signature on the document.<\/p>\n Eddie Mendoza, one of Allen\u2019s attorneys, asked Hanigan on cross-examination about the signature.<\/p>\n \u201cIt\u2019s not my signature,\u201d Hanigan said.<\/p>\n \u201cDo you know who forged it?\u201d Mendoza asked.<\/p>\n \u201cHow would I know who forged it?\u201d Hanigan said.<\/p>\n Judge Fred Biery told Mendoza to move on.<\/p>\n Boyd also said it was not her signature on a document.<\/p>\n Help Lubbock Lights bring you Ferrum trial coverage<\/p>\n People in Lubbock have followed the Ferrum Capital case since it began. <\/p>\n We were the first locally to report on the Ferrum Capital story and since have done more than 40 stories. Why? These are some of the most-read stories on our site.\u00a0So, if it\u2019s important to you then it\u2019s important to us.<\/p>\n There\u2019s a challenge. The trial is not in Lubbock, but San Antonio and expected to last three weeks. Lubbock Lights doesn\u2019t have a travel budget because the stories we do are almost all in Lubbock.<\/p>\n We plan to cover the Ferrum Capital trial from Friday\u2019s pre-trial hearing to a verdict with stories every day if warranted. We plan to stay at a midscale hotel close to the courthouse and expect it will cost at least $4,000 for hotels and gas. We\u2019d appreciate contributions in any amount and we are a 501(c)3.<\/p>\n So far, we\u2019ve raised just over $1,530, or 38 percent of our goal! Thanks to those who\u2019ve donated.<\/p>\n In the interest of full disclosure, we\u2019ve received 16 donations and one of them was Monday from Pamela Herndon, who testified in court today.<\/p>\n Thanks for your consideration, and even if you decide not to donate, we still invite you to help us get the word out.\u00a0<\/p>\n Terry Greenberg Sparring<\/p>\n Anthony Box, Allen\u2019s lead attorney, cross-examined Coburn, addressing her comment she was not told about commissions, saying Cox told her they get paid when Collins pays Ferrum. Coburn was concerned the commissions cut the amount working for her.<\/p>\n Box said Coburn would still get 100 percent of the note\u2019s value.<\/p>\n \u201cHad I got my money back,\u201d Coburn said.<\/p>\n Sparks admitted on cross-examination from Mendoza, \u201cI did not review documents like I should have.\u201d<\/p>\n \u201cIt\u2019s important to review \u2026\u201d Mendoza started to say, when Sparks shot back: \u201cI\u2019m not a child, son. If I knew they were going to steal my money I would have.\u201d<\/p>\n As a fiduciary, Sparks said Cox should have explained more. (A fiduciary is someone who manages money or property for another.)<\/p>\n \u201cMike had a Bible on his desk, and I thought it was nice,\u201d said Sparks, adding they connected on faith and how they saw the world.<\/p>\n \u201cNow I have different thoughts but won\u2019t get into that today,\u201d he said.<\/p>\n Derek Younkers, Allen\u2019s third attorney, cross-examined Herndon.<\/p>\n Younkers pointed out Herndon said a lot of unflattering things about Allen on social media. The word despicable was brought up.<\/p>\n \u201cWhat he did to me and my family was despicable,\u201d she said.<\/p>\n Herndon has also been very active \u2013 and outspoken \u2013 on LubbockLights.com\u2019s Facebook posts about Ferrum coverage.<\/p>\n GoldStar<\/p>\n Jeff Worley, a senior vice president with GoldStar Trust \u2013 a custodian service specializing in self-directed IRAs \u2013 testified as a prosecution witness.<\/p>\n GoldStar had Ferrum investments in their system. And when Ferrum had problems, GoldStar temporarily suspended working with Ferrum.<\/p>\n Blackwell showed a series of communications between Worley, his colleagues and Ferrum about when money would come from Europe to get people paid, which eventually it was.<\/p>\n Wednesday\u2019s witnesses<\/p>\n Amanda Coburn Charlie Harper Richard Pickett Ann Stafford Bert Hanigan Pamela Herndon Randall Sparks (Amanda Coburn\u2019s father) Errol Glenn Archer Holly Boyd David Ernst
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Prosecution](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600600_516_san_antonio_federal_courthouse_1920x1080_v02.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Opening](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600601_631_san_antonio_federal_courthouse_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"As](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600601_178_allen_cox_pre_trial_hearing_gfx_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"More](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600601_563_cox_and_allen_ferrum_gfx_1280x720_v02.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Willy](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600601_860_broklynn_chander_willy_youtube.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Judge](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600602_778_joshua_allen_facebook_1920x1080_v02.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Battle](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600602_682_usa_vs_allen_cox_willy_motions_limine_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"No](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600602_97_cox_allen_trial_upcoming_gfx_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Judge](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600602_387_joshua_allen_order_injunction_gfx_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Ferrum](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600603_869_ferrum_claim_deadline_gfx_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Collection](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600603_125_joshua_allen_walk_ons_1920x1080_02.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Key](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600603_71_collins_deposition_collage_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Ferrum](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600603_587_ferrum_claim_form_gfx_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Ferrum](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600604_374_joshua_allen_settlement_Tarbox_1920x1080_02.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Allen](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600604_672_joshua_allen_settlement_Tarbox_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"People](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600604_390_ferrum_logo_over_lawsuit_gfx_1920x1080.jpg\"){kind=logo}
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Ferrum](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600604_164_brooklyn_chandler_willy_1280x720.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Criminal](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600605_525_cox_allen_willy_gfx_1280x720_02.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Josh](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600605_388_joshua_allen_order_receiver_gfx_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"$1.2](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600605_171_ferrum_collins_payment_gfx_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"FBI](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600606_482_cox_allen_willy_gfx_1920x1080_FBI.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Where](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600606_772_ferrum_forensic_report_gfx_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Ferrum](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600606_740_cox_allen_willy_gfx_1280x720_delayed.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Ferrum](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600606_811_collins_case_back_in_texas_GFX_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"Battle](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600607_508_motion_venue_texas_gfx_1920x1080.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t![\"\u2018Finally](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600607_834_cox_allen_willy_gfx_1280x720.jpg\")
\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n
Editor<\/p>\n
Residence: Lubbock
Career: Estate planning attorney
Invested: $200,000
Why: Her father knew Mike Cox and trusted him.
Return: None<\/p>\n
Residence: San Antonio
Career: Retired after working for H-E-B grocery company
Invested: $386,262
Why: Knew Brooklynn Chandler Willy, Ferrum Capital\u2019s San Antonio affiliate
Return: $467,377<\/p>\n
Residence: San Antonio
Career: Boat repair shop
Invested: $500,000
Why: Knew of Brooklynn Chandler Willy from TV and radio and went to talk to her. Wanted funds to help pay for kidney transplant.
Return: None<\/p>\n
Residence: Lubbock
Career: Recently retired from nursing
Invested: Approximately $50,000
Why: Met Mike Cox at church.
Return: None<\/p>\n
Residence: East Texas
Career: Oil and gas consultant
Invested: $300,000
Why: Connections to Allen family
Return: None<\/p>\n
Residence: Lubbock
Career: Insurance
Invested: $250,000
Why: Son was close friend of Josh Allen
Return: None<\/p>\n
Residence: Lubbock
Career: Retired after sales manager at John Deere dealership
Invested: $2.5 million
Why: Reference from a friend to Mike Cox, wanted money for retirement.
Return: None<\/p>\n
Residence: Las Vegas, formerly Lubbock
Career: Attorney
Invested: $2.3 million
Why: Connections to the Allen family
Return: Approximately $70,000<\/p>\n
Residence: Lubbock
Career: Medical billing for family practice doctor
Invested: $165,000 along with her husband
Why: Josh Allen married their daughter\u2019s friend
Return: $40,000<\/p>\n
Residence: Lubbock
Career: Texas Tech faculty
Invested: Two annuities
Return: Hired counsel when he received a message from Mike Cox that there might be some problems with the investment. His lawyer and their lawyer worked out a settlement.<\/p>\n
![\"Facebook](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2026\/08\/1786600607_363_facebook_yellow_350x350.jpg\")
![\"\"](\"https:\/\/www.newsbeep.com\/us-tx\/wp-content\/uploads\/2025\/10\/volunteer_activism_96dp_000000_FILL0_wght400_GRAD0_opsz48.png\")
<\/a><\/p>\n