The legal fallout surrounding Ferrum Capital stems from a multi-million dollar Ponzi scheme orchestrated by co-founders Joshua Allen Michael Cox , alongside San Antonio financial advisor Brooklynn Chandler Willy lubbocklights.com . While significant litigation emerged starting in 2023, many victims made substantial investments throughout 2021 Investment Activity & Core Allegations
In the world of private credit and hard money lending, reputation is everything. For years, Ferrum Capital marketed itself as a premier lender for real estate investors, promising speed, flexibility, and reliability. But in 2021, that carefully crafted image began to crack. ferrum capital lawsuit 2021
: A San Antonio-based financial advisor who collaborated with Ferrum. She pleaded guilty in March 2026 to federal charges, including wire fraud and aggravated identity theft. The legal fallout surrounding Ferrum Capital stems from
The scheme was allegedly orchestrated by three primary individuals: But in 2021, that carefully crafted image began to crack
: Co-founders of Lubbock-based Ferrum Capital (founded in 2017).