, a San Antonio-based financial advisor and radio host, who allegedly funneled millions from her clients into Ferrum entities despite prior regulatory sanctions. Key Legal Developments Ponzi Allegations
Ferrum alleged that the defendant had failed to remit proceeds from a settled class-action lawsuit. According to the complaint, a case within the funded portfolio had settled for approximately $40 million in Q4 2020. Under the funding agreement, Ferrum was entitled to principal plus a 2.5x return multiplier (common in high-risk litigation finance). The defendant allegedly paid Ferrum less than 20% of what was owed, pocketing the difference. ferrum capital lawsuit 2021