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As Cox bankruptcy wraps up, focus shifts to use of Fifth Amendment, possibility of criminal charges in Ferrum ‘Ponzi scheme’ - Lubbock Lights

Summary by Lubbock Lights
Michael Cox (left) and Joshua Allen (right) with court records in the background. Ed Price represents clients who are tired of hearing two men plead the Fifth Amendment when hundreds of people stand to lose millions of dollars with Lubbock-based Ferrum Capital in what one judge called a Ponzi scheme. Lubbock attorney Price: Explained why he thinks one of the co-owners in Ferrum has forfeited his right to plead the Fifth Amendment after testify…
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Lubbock Lights broke the news in on Friday, May 2, 2025.
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