The CRE Team - Residential Division

06/22/2026

New listing! Savannah 76227
Priced to sale at $299,997
Wali Hussain at 214.282.2084
Cash or 30 day close.

06/13/2026

Engels Realty Group

04/10/2026

AUSTIN, Texas — The Texas State Securities Board (TSSB) announced today its assistance to federal law enforcement authorities in an investment fraud case involving a former San Antonio-based financial adviser who has pleaded guilty to multiple felony counts.

The case was investigated by the TSSB Staff, the Federal Bureau of Investigation, and the Internal Revenue Service Criminal Investigation Division, and is being prosecuted by the U.S. Attorney’s Office for the Western District of Texas.

According to federal authorities, Brooklynn Chandler W***y pleaded guilty to 10 felony counts arising from a scheme to defraud investors. The charges include wire fraud, conspiracy to commit wire fraud, money laundering conspiracy, unlawful monetary transactions, and aggravated identity theft.

W***y owned and operated Queen B Advisors LLC, doing business as Texas Financial Advisory. Court documents indicate W***y solicited funds from investors for purported investment opportunities but instead misappropriated those funds for personal use and to make payments to other investors. The documents further allege W***y conspired with co-defendants Joshua Allen and Michael Cox by providing false information to investors purchasing investments in entities owned and controlled by Allen and Cox.[1]

The TSSB Staff provided investigative assistance and regulatory expertise related to investment fraud and regulation of investment advisers. The agency worked in coordination with federal partners to identify unlawful conduct, support the development of evidence, and help protect affected investors.

“Protecting Texas investors remains our highest priority,” said Deputy Securities Commissioner Cristi Ramón Ochoa. “This case underscores the importance of strong coordination among state and federal agencies to detect, investigate, and prosecute securities fraud.”

The Texas State Securities Board is the state agency responsible for regulating the securities industry in Texas and protecting investors from fraud.

Investors with questions or concerns regarding this matter may contact the TSSB Enforcement Division at [email protected] or 512-305-8392.

[1]

On July 2, 2025, a federal grand jury returned an indictment, recently unsealed, charging Joshua Allen of Lubbock, Texas, Michael Cox of Lubbock, Texas, and Brooklyn

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