Ferrum Capital Trial Turns on Money Flow | Lubbock News

The defense wraps up its case in the Ferrum Capital trial, insisting all funds were properly sent to Collins Asset Group — directly countering prosecution claims of misappropriation. Key witness Alicia Alvarez’s testimony was curtailed by the judge over hearsay concerns tied to statements from defendant Joshua Allen, raising constitutional questions. Connie Curry, Allen’s mother-in-law and former Ferrum employee, stunned prosecutors by revealing she didn’t know the FBI was investigating Ferrum — and denied altering documents despite metadata pointing to her. Prosecutors also challenged Alvarez’s analysis for missing early account data, sparking a tense courtroom debate. Closing arguments loom for Tuesday, with jury deliberations expected soon — all eyes on whether “netting” explains the financial discrepancies at the heart of this high-stakes battle. 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/b182110fcf67550e