SAN ANTONIO, Texas (KCBD) - Federal prosecutors and investigators outlined the scope of the Ferrum Capital investment fraud case a day after a jury found Joshua Allen and Michael Cox guilty on all four counts.

The U.S. Attorney's Office, the IRS Criminal Investigation division and the FBI held a news conference Wednesday to discuss the case and its impact on victims.

Officials said the investigation took years and involved thousands of documents that investigators reviewed before securing the guilty verdict.