LUBBOCK, Texas (KCBD) – We have an update in our Testing Trust investigation.
As we have reported, Lubbock financial advisors Mike Cox and Joshua Allen are accused in lawsuits of talking their clients into a multi-million-dollar Ponzi scheme.
The lawsuits were originally filed against Cox, Allen, their company Ferrum Capital (and its entities) and others. Cox has since filed for bankruptcy, so he is no longer named in the suits…