Current:Home > InvestTexas radio host’s friend sentenced to life for her role in bilking listeners of millions -WealthRise Academy
Texas radio host’s friend sentenced to life for her role in bilking listeners of millions
Fastexy View
Date:2025-04-08 12:25:46
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! (7478)
Related
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- MLB power rankings: Once formidable Houston Astros keep sinking in mild, mild AL West
- Who will make the US gymnastics team for 2024 Paris Olympics? Where Suni Lee, others stand
- USWNT's Korbin Albert booed upon entering match vs. South Korea
- The Grammy nominee you need to hear: Esperanza Spalding
- More presidential candidates could be on North Carolina ballot with signature drives
- California Regulators Approve Community Solar Decision Opposed by Solar Advocates
- Messi joins Argentina for Copa América: His stats show he's ready for another title run
- Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
- Should you buy Nvidia before the 10-for-1 stock split?
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- Trump fans’ bus loaded with MAGA merchandise crashes in New York City
- Biden executive order restricting asylum processing along U.S. border expected on Tuesday
- MLB investigating Padres' Tucupita Marcano for gambling on games in 2023
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Michael Doulas visits Israel to show solidarity as war in Gaza continues
- Stock market today: Asian shares decline after report shows US manufacturing contracted in May
- Hunter Biden’s federal firearms case is opening after the jury is chosen
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Louisiana lawmakers approve surgical castration option for those guilty of sex crimes against kids
At 15 years old, Miles Russell is set to make his PGA Tour debut at Rocket Mortgage Classic
Kentucky governor unveils rental housing projects for region still recovering from 2021 tornadoes
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
No tiger found in Cincinnati so far after report of sighting; zoo tigers 'safe and sound'
Atlanta water trouble: Many under boil-water advisory as Army Corps of Engineers assists
MLB power rankings: Once formidable Houston Astros keep sinking in mild, mild AL West