The Associated Press reports that former talk radio host William Neil “Doc” Gallagher received multiple life sentences after he was convicted of scamming elderly listeners out of millions of dollars.
Dozens of victims lined up to testify against Gallagher during a hearing Monday. The court heard stories about people losing anywhere from $50,000 to $600,000 invested in the Gallagher Financial Group.
“Doc Gallagher is one of the worst offenders I have seen,” said Lori Varnell, chief of the Tarrant County District Attorney’s Elder Financial Fraud team.
Gallagher, 80, and his Gallagher Financial Group advertised on Christian radio with the tagline, “See you in church on Sunday.”
Gallagher was indicted in Tarrant County, Texas, in August 2019.
“He ruthlessly stole from his clients who trusted him for almost a decade. He amassed $32 million in loss to all of his clients and exploited many older individuals.
Eduardo Razo is the Assistant Content Editor for BNM, which includes writing daily news stories on the news media industry. He can be found on Twitter @eddierazo_ or you can reach him by email at eddie1991razo@gmail.com.
