Last Updated on: 2nd November 2021, 07:40 pm
Who is William Neil Gallagher? Biography, Wiki
William Neil Gallagher, a Texas radio host, was sentenced Monday to three life sentences for a Ponzi program in which he cheated millions of dollars on elderly listeners.
Gallagher was also sentenced to 30 years in prison by District Judge Elizabeth Beach in August for her guilty guilty guilty verdict. The sentences must be served at the same time.
William Neil Gallagher’s Age
His current age is 80 years.
What Was The Crime?
“Gallagher is one of the worst criminals I’ve ever seen,” said Lori Varnell, senior financial fraud team leader for the Tarrant County District Attorney. “He ruthlessly robbed his customers who trusted him for almost a decade.”
“He has amassed $32 million in losses for all of his customers and exploited a lot of old people. He established himself in churches and took advantage of people who thought he was a Christian.”
Gallagher, 80, ran the Gallagher Financial Group, which advertised on Christian radio with the slogan “See you Sunday at church”.
In 2020, he pleaded guilty to similar charges in Dallas County and was sentenced to 25 years in prison.
Gallagher has advertised his investment business on books such as Jesus Christ, Money Master, and Christian radio shows. In August 2019, he was charged in Tarrant County on these allegations.
More than a dozen high-profile victims testified in a three-hour hearing on Monday about the loss of $50,000 to $600,000 they invested in Gallagher Financial Group.
Some have had to sell their homes, borrow money from their children, or work part-time to supplement their social security contributions.
They talked about the loss of confidence in people and the depression many of which are due to today’s lost his money thanks to the Gallagher company.
Christian Radio Host & The Money Doctor Sentenced To 3 Life Terms
Judge Elizabeth Beach sentenced Gallagher to life imprisonment on three counts: obtaining more than $200,000 of document enforcement through fraud, theft of property over $300,000, and misappropriation of trust or financial institution property over $300,000.
He was sentenced in three cases to ten years each: once for forging documents and twice for exploiting the elderly.
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