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- (00:00) - Introduction and CPE Credit Information
- (01:30) - Welcome to Oh My Fraud
- (02:34) - Listener's Confession
- (06:15) - The Story of William Neil Gallagher Begins
- (08:07) - The Rise of Gallagher Financial Group
- (20:04) - The Investigation Begins
- (21:19) - Uncovering the Ponzi Scheme
- (26:52) - Gallagher's Downfall and Legal Consequences
- (35:37) - The Aftermath and Lessons Learned
- (42:55) - Conclusion and Final Thoughts
HOW TO EARN FREE CPE
In less than 10 minutes, you can earn 1 hour of NASBA-approved accounting CPE after listening to this episode. Download our mobile app, sign up, and look for the Oh My Fraud channel. Register for the course, complete a short quiz, and get your CPE certificate.
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Sources:
- Cleansing of the Temple [Wikipedia]
- Money Doctor Neil Gallagher Gets a Bad Checkup [D Magazine]
- The Texas Preacher’s $24 Million Ponzi Scheme [Bloomberg]
- The Money Doctor — Parts I and II [The Perfect Scam]
- Securities and Exchange Commission v. William Neil "Doc" Gallagher, Gallagher Financial Group, Inc., and W. Neil Gallagher, Ph.D. Agency, Inc. [SEC]
- Securities and Exchange Commission v. William Neil “Doc” Gallagher [PACER, Case 3:19-cv-00575-K, retrieved March 13, 2025, SEC]
- One of D-FW’s best-known financial advisers is in Dallas County jail, with bail set at $1 million [Dallas Morning News]
- Confession [The State of Texas v. William Neil Gallagher]
- William Neil 'Doc' Gallagher: Sentenced to 25 Years, $10.3 Million Restitution [Texas State Securities Board]
- 13 things you need to know about Doc Gallagher, the Bernie Madoff of North Texas [Dallas Morning News]
- A Christian talk show host promised to enrich clients. His Ponzi scheme bilked them out of millions. [Washington Post]
- Now that prosecutors have put Doc Gallagher in prison for life, focus turns to his mistress [Dallas Morning News]
- Mistress of "Doc" Gallagher Sentenced to Life in Prison [Tarrant County, Texas]
- RECEIVER’S INITIAL STATUS REPORT AND FIRST QUARTERLY REPORT [GFG Receivership]
- The Money Doctor [Bloomberg Investigates]
- Gallagher Financial Group Receivership [GFG Receivership]