FORT WORTH, Texas - A Texas radio host was sentenced to three life prison sentences Monday for a Ponzi scheme in which he bilked elderly listeners out of millions of dollars.William Neil "Doc" Gallagher also got a 30-year prison sentence from state District Judge Elizabeth Beach for his August guilty pleas.
The sentences are to be served concurrently.The sentencing came after more than a dozen senior victims testified during a three-hour court hearing about losing anywhere from $50,000 to $600,000 invested in the Gallagher Financial Group.