Ferrum Capital Lawsuit 2021 !!top!! <2027>

The investigation, spearheaded by the FBI’s San Antonio Division and the IRS, led to both civil and criminal consequences: Texas State Securities Board (.gov) SEALED - Texas State Securities Board

: In April 2025, a bankruptcy judge explicitly defined Ferrum as a Ponzi scheme , where new investor money was used to pay earlier investors rather than being legitimately invested. ferrum capital lawsuit 2021

and its principals, Joshua Allen and Michael Cox, operated a multi-million dollar Ponzi scheme A central feature of the case is the involvement of Brooklynn Chandler Willy The investigation, spearheaded by the FBI’s San Antonio