Current:Home > InvestTexas radio host’s friend sentenced to life for her role in bilking listeners of millions -TrueNorth Capital Hub
Texas radio host’s friend sentenced to life for her role in bilking listeners of millions
View
Date:2025-04-18 21:24:28
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! (2286)
Related
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- 5 dead and nearly 3 dozen hurt in tornadoes that tore through Iowa, officials say
- Grizzly that mauled hiker in Grand Teton National Park won’t be pursued
- Wealthy self-exiled Chinese businessman goes on trial in alleged $1 billion fraud scheme
- $73.5M beach replenishment project starts in January at Jersey Shore
- Snag Up to 93% Off at Nordstrom Rack's Clear The Rack Sale: $3 Tops, $11 Jeans, $78 Designer Bags & More
- Tolls eliminated from Beach Express after state purchases private toll bridge
- Pitbull reacts to 'Give Me Everything' song in 'Bridgerton' carriage scene: 'Timeless'
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Venus Williams among nine women sports stars to get their own Barbie doll
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Luka Doncic, Kyrie Irving combine for 63 points as Mavericks steal Game 1 vs. Timberwolves
- Amy Robach Shares Glimpse at 18-Year-Old Daughter Annalise Heading Off to Prom
- Judge signs off on $600 million Ohio train derailment settlement but residents still have questions
- A White House order claims to end 'censorship.' What does that mean?
- NYC is beginning to evict some people in migrant shelters under stricter rules
- NASA orders yet another delay for Boeing's hard-luck Starliner
- Donald Trump may be stuck in a Manhattan courtroom, but he knows his fave legal analysts
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Second flag carried by Jan. 6 rioters displayed outside house owned by Justice Alito, report says
Harbor Freight digital coupons from USATODAY Coupons page can help you save
NBA legend John Stockton has COVID-related 'free speech' lawsuit thrown out by judge
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Andrew Scott Addresses Connection Between Taylor Swift Album and Joe Alwyn Group Chat
NFL announces Pittsburgh as host city for 2026 NFL draft
Are you spending more money shopping online? Remote work could be to blame.