William Neil “Doc” Gallagher
A court sentenced Texas Christian radio host to three life prison sentences for a Ponzi scheme in which he bilked elderly listeners out of millions of dollars. State District Judge Elizabeth Beach sentenced 80-year-old William Neil “Doc” Gallagher to a 30-year prison sentence for his August guilty pleas. He will serve the sentences concurrently. More than a dozen senior victims testified about losing anywhere from $50,000 to $600,000 invested in the Gallagher Financial Group. Gallagher reportedly took at least $23 million in his scheme.