From San Antonio, Texas: A jury has delivered a verdict in a complex fraud case. Joshua Allen and Michael Cox were found guilty of multiple charges, including fraud and money laundering. The case involved a significant amount of money, estimated to be around $60 million, and a large number of investors, roughly 500.

The guilty parties were taken into custody after the verdict. Further details about the case and the investigation are available. The outcome of the trial brings closure to the many investors who were affected by the scheme.