Allen and Cox Convicted in Fraud Trial | Lubbock News

Joshua Allen and Michael Cox were swiftly convicted on all four counts in their federal fraud trial—conspiracy to commit wire fraud, money laundering, laundering monetary instruments, and securities fraud—and immediately jailed by federal marshals. The case, which was expected to last three weeks, concluded in just seven days after nearly 30 witnesses testified, with hundreds more left shaken by the defendants’ actions. Facing up to 70 years behind bars, sentencing is set for December 10th. Before the jury retired, the judge delivered a stern warning, pressing Cox on his failure to show mercy to a victim needing funds for a kidney transplant and questioning Allen about forging signatures—especially given his father’s CPA background. Prosecutors argued both men were flight risks with means to flee, citing a forged document tied to a victim who swore she never signed it. Defense attorneys countered that their clients posed no danger, but the judge dismissed those claims, calling their conduct “non-exemplary.” As Allen apologized for the pain caused and Cox clung to faith, victims expressed relief and sorrow, while the judge underscored the gravity of the verdict and the speed with which justice was served. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/dbe919dc1a8e8a09