Friday, March 15, 2019

Christian financial planner “Doc” Gallagher facing Ponzi charges

'Doc' lured seniors through his paid weekly radio broadcasts.W. Neil “Doc” Gallagher liked to tell radio listeners his investment advice was guided by scripture. Cops claim he ignored the part “Thou shalt not steal.”
Gallagher, 78, faces civil and criminal charges saying he stole more than $19m from senior citizens, who put their faith in him.
“The Money Doctor” pitched his retirement-planning services through weekly broadcasts that blended investment talk with cheery Christian tidings. He bought airtime for his shows on three Dallas-area AM stations. In 2016, he published “Jesus Christ, Money Master,” a book offering faith-based financial advice.