Ponzi Partner Ordered to Pay $4M | Lubbock News

Brooklynn Chandler Willy, a former business partner in the Lubbock-based Ponzi scheme Ferrum Capital, has been ordered to forfeit over $4 million to the federal government after pleading guilty to wire fraud, identity theft, and conspiracy. The money stems directly from her criminal involvement, with additional assets—including nearly $900K from a Texas property sale—also targeted for seizure. While Willy’s sentencing is set for December 2026, Allen and Cox, still denying guilt, face trial in August with a new attorney now representing Allen. The case continues to unfold as authorities pursue full accountability. 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/0f13924b2ba36ed7