Texas Woman Sentenced to Life for $31 Million Ponzi Scheme Targeting Seniors

Debra Mae Carter and radio host William Neil Gallagher defrauded over 170 retirees through a decade-long scam.

Carter, 65, laundered millions through rental properties, land, and fake charities.
Gallagher, known as the 'Money Doctor,' was sentenced to three life terms plus 30 years in 2021.
Victims, mostly elderly, lost their retirement savings, totaling over $31 million.
Authorities seized $200,000 in gold and silver from Carter's travel trailer.
Victims shared emotional testimonies about the financial and emotional toll of the scam.