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- Indexed articles, last 90 days
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- Sep 24, 2026
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- Jul 10, 2026
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Wife, friend ask judge for leniency ahead of Lubbock fraud sentencing (opens the original)
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LUBBOCK, Texas (KCBD) - Attorneys for Joshua Allen have filed a motion asking a federal judge to release him on bond until sentencing, according to new court filings in the Ferrum Capital investment fraud case. Allen and Michael Cox, both of Lubbock, were convicted last month on all four felony counts for running a fraud scheme through their company, Ferrum Capital. A federal jury found the two men solicited hundreds of investors, promising safe, secure returns, then used much of that money to p
Ferrum Capital victims say justice was served (opens the original)
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LUBBOCK, Texas (KCBD) - A San Antonio jury found former Lubbock financial advisors Josh Allen and Michael Cox guilty in the Ferrum Capital fraud case, which targeted roughly 500 victims. Investigators say Ferrum Capital raised $80 million from investors. Conservative estimates show at least $50 million was lost across roughly 500 victims, and $9.2 million went directly into Allen and Cox’s pockets. Holly and Butch Boyd traveled to San Antonio for the trial of their former financial advisor, Alle
Man’s path through mental health crisis spotlights court-ordered treatment program (opens the original)
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LUBBOCK, Texas (KCBD) - Eric Smith spent years convinced he was secretly working with the FBI, decoding assassination plots against world leaders. He wasn’t. He was in the grip of a severe mental health crisis — and no one could legally force him to get help. As a child, Smith excelled in honors classes, but his mental health began to unravel in his teenage years. His parents took him to a psychologist who diagnosed him with bipolar disorder and issued a warning to the family. “He said, and don’
‘I was a crook’: Sealed transcript reveals what Brooklynn Chandler Willy said at her guilty plea hearing (opens the original)
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SAN ANTONIO, Texas (KCBD) - Brooklynn Chandler Willy pleaded guilty in March to all 10 federal counts against her, including wire fraud, aggravated identity theft and conspiracy to commit money laundering, before U.S. District Judge Fred Biery in the Western District of Texas. A transcript of the March 19 plea hearing was sealed at the time and has since become available — as Willy’s Lubbock co-defendants, Joshua Allen and Michael Cox’s trial began Monday. When asked by the judge whether she kne
Trial begins for Lubbock men accused in multimillion-dollar investment scheme (opens the original)
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SAN ANTONIO, Texas (KCBD) - Two Lubbock men appeared in federal court Monday as their trial opened before a jury in a case involving an estimated $60 million and roughly 500 investors. Joshua Allen and Michael Cox are accused of misleading investors, concealing high commissions, and lying about the nature of investments. If convicted on all charges, they face up to 70 years in prison. The courtroom drew a large enough crowd that the judge is considering setting up an overflow room. U.S. Attorney
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