Current:Home > ScamsTexas radio host’s friend sentenced to life for her role in bilking listeners of millions -FinanceAcademy
Texas radio host’s friend sentenced to life for her role in bilking listeners of millions
View
Date:2025-04-18 05:10:36
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! (8458)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Poland's Duda is latest foreign leader to meet with Trump as U.S. allies hedge their bets on November election
- Is the US banning TikTok? What a TikTok ban would mean for you.
- Taylor Swift's Tortured Poets Department: Joe Alwyn, Matty Healy & More Lyrics Decoded
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- 'American Idol' alum Mandisa dies at 47, 'GMA' host Robin Roberts mourns loss
- With Oklahoma out of the mix, here's how Florida gymnastics can finally win it all
- Look what you made her do: Taylor Swift is an American icon, regardless of what you think
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Orlando Bloom Shares How Katy Perry Supports His Wildest Dreams
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Northern Ireland prosecutor says UK soldiers involved in Bloody Sunday won’t face perjury charges
- NYPD arrests over 100 at pro-Palestinian protest at Columbia University
- As electric car sales slump, Tesla shares relinquish a year's worth of gains
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Tennessee Volkswagen workers to vote on union membership in test of UAW’s plan to expand its ranks
- The EPA is again allowing summer sales of higher ethanol gasoline blend, citing global conflicts
- Torso and arm believed to be those of missing Milwaukee teen Sade Robinson wash up on beach along Lake Michigan
Recommendation
Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
Probe underway into highway school bus fire that sent 10 students fleeing in New Jersey
Tori Spelling reveals she tried Ozempic, Mounjaro after birth of fifth child
Taylor Swift Shades Kim Kardashian on The Tortured Poets Department’s “thanK you aIMee”
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Untangling Taylor Swift’s Heartbreaking Goodbye to Joe Alwyn in “So Long, London”
California court to weigh in on fight over transgender ballot measure proposal language
Taylor Swift shocker: New album, The Tortured Poets Department, is actually a double album