Two Lubbock businessmen convicted in San Antonio Ferrum Capital fraud case

The above video shows the top local headlines for the morning of August 18, 2026.

LUBBOCK, Texas — Lubbock businessmen Joshua L. Allen and Mike L. Cox were found guilty of federal charges Tuesday in a San Antonio federal court.

LubbockLights previously reported that Allen and Cox were charged with Conspiracy to Commit Money Laundering, Conspiracy to Launder Monetary Instruments and Securities Fraud…

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