31, 2021, to charges stemming from a Ponzi scheme he ran in Hurst that bilked senior citizens out of millions of dollars.īeach sentenced Gallagher to life terms on three charges – securing the execution of a document by deception for an amount greater than $200,000, theft of property more than $300,000 and misapplication of fiduciary property or property of financial institution of more than $300,000. The sentences were a result of his guilty plea on Aug. William Neil “Doc” Gallagher, the self-styled “Money Doctor,” was sentenced to three life sentences in prison – plus another 30 years behind bars – Nov.