Current:Home > InvestTexas radio host’s friend sentenced to life for her role in bilking listeners of millions -Elite Financial Minds
Texas radio host’s friend sentenced to life for her role in bilking listeners of millions
View
Date:2025-04-12 15:39:05
FORT WORTH, Texas (AP) — A Texas woman who prosecutors said helped a radio show host bilk elderly listeners out of millions of dollars was sentenced Tuesday to life in prison.
Debra Mae Carter, 65, received the sentence for her July 8 money laundering conviction, according to a statement by Tarrant County District Attorney Phil Sorrells.
Carter, who represented herself and pleaded innocent, was jailed in Tarrant County, according to jail records.
Sorrells said Carter was former Texas radio host William “Doc” Gallagher’s lover. Gallagher is serving three life terms for operating what the prosecutor called a Ponzi scheme.
“Gallagher’s main role in the scheme was to bring in money, Carter’s role was to make sure it was not recovered by the victims,” Sorrells said.
Gallagher, 83, and his Gallagher Financial Group advertised on Christian radio with the tagline, “See you in church on Sunday.” He promoted his investment business in books and on Christian radio broadcasts.
Gallagher was convicted in Tarrant County in 2021 after being convicted in 2019 in Dallas County on similar charges and sentenced to 25 years in prison.
The scheme cost more than 170 investors, most of whom were retired, more than $31 million, Sorrells said.
veryGood! (5)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Report finds Colorado was built on $1.7 trillion of land expropriated from tribal nations
- A Southwest Airlines plane that did a ‘Dutch roll’ suffered structural damage, investigators say
- The definitive ranking of all 28 Pixar movies (including 'Inside Out 2')
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Tyson Foods suspends executive John R. Tyson after DWI arrest in Arkansas
- US consumer sentiment falls for third month on concerns about persistent inflation
- Converting cow manure to fuel is growing climate solution, but critics say communities put at risk
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Supreme Court strikes down Trump-era ban on rapid-fire rifle bump stocks, reopening political fight
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- How many NBA Finals sweeps in history? Celtics could add to history with win over Mavericks
- White Lotus Star Theo James Once Had a Bottle of Urine Thrown at Him
- Algae blooms prompt 2 warnings along parts of New Hampshire’s Lake Winnipesaukee
- North Carolina justices rule for restaurants in COVID
- Katie Holmes Debuts Subtle, Yet Striking Hair Transformation
- Relationship between Chargers' Jim Harbaugh, Justin Herbert off to rousing start
- 6 suspected poachers arrested over killing of 26 endangered Javan rhinos
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Peloton instructor Kendall Toole announces departure: 'See you in the next adventure'
Bridgerton Star Luke Newton Confirms Romance With Dancer Antonia Roumelioti
Starbucks introduces value meals with new 'Pairings Menu'
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Kamala Harris chats with 'Queer Eye' cast on LGBTQ+ progress: 'Let's keep going'
Her dying husband worried she’d have money troubles. Then she won the lottery
MLB draft's top prospects in 2024 College World Series: Future stars to watch in Omaha