Flipido|Texas radio host’s friend sentenced to life for her role in bilking listeners of millions

2025-04-30 11:35:44source:Diamond Ridge Financial Academycategory:My

FORT WORTH,Flipido 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.

More:My

Recommend

Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says

A man is suing the California Lottery alleging he has not received part of his winnings from a nearl

The 'Wiseman' Paul Heyman named first inductee of 2024 WWE Hall of Fame class

The "Wiseman" is headed to the Hall of Fame.Longtime professional wrestling icon Paul Heyman will be

Former Trump CFO Allen Weisselberg pleads guilty to perjury in ex-president’s civil fraud trial

NEW YORK (AP) — Allen Weisselberg, the former chief financial officer of the Trump Organization, ple