William Neil Doc Gallagher, a/k/a/ Money Doctor Allegedly Operated an Affinity-fraud Investment Scheme on Investors via Two North Texas-based Companies he Owns
William Neil Doc Gallagher, a/k/a/ Money Doctor, at least since December of 2014, allegedly perpetrated an affinity-fraud investment scheme on investors through two North Texas-based companies he owns and controls, GFG and the Gallagher Agency, according to an SEC Complaint under review by investor rights attorney Alan Rosca.
William Neil Doc Gallagher, a long-time radio personality in the Dallas/Fort Worth metro area and the self-proclaimed Money Doctor has perpetrated an affinity-fraud investment scheme on investors through two North Texas-based companies he owns and controls, GFG and the Gallagher Agency, according to the aforementioned SEC Complaint.
Gallagher, despite reportedly having no valid securities-industry credentials, allegedly raised at least $19,606,977.97 from at least approximately 60 investors ranging in age from 62 to 91, all while allegedly claiming to be a fully licensed advisor offering retirement advice and investment, the SEC reports.
Securities attorney Alan Rosca, of the Goldman Scarlato & Penny PC law firm, is investigating activity related to William Neil Doc Gallagher’s alleged affinity-fraud investment scheme. Investors who believe they may have lost money in activity related to William Neil Doc Gallagher’s alleged affinity-fraud investment scheme are encouraged to contact attorney Alan Rosca with any useful information or for a free, no obligation discussion about their options.
Gallagher Allegedly Attracted Investors via His Texas Radio Shows; Gallagher Allegedly Made Religious References to Appeal to a Christian Audience
William Neil Doc Gallagher allegedly paid for airtime and hosts retirement planning programs on the three Dallas-area radio stations, the SEC reports.
Gallagher allegedly solicited listeners to meet him to obtain risk-free income advice, the SEC reports. At the face-to-face meetings Gallagher allegedly marketed investments in DGI Accounts, and promised investors risk-free returns ranging from 5% to 8%, the SEC states.
Finally, it is important to note that, as of the date of this article, there has not been a finding of liability as to the complaints mentioned in this article, unless otherwise indicated.
Securities Lawyer Investigating
The Goldman Scarlato & Penny PC law firm represents investors who lose money as a result of investment-related misconduct and are currently investigating William Neil Doc Gallagher’s affinity-fraud investment scheme. The firm takes most cases of this type on a contingency fee basis and advance the case costs, and only gets paid for their fees and costs out of money recovered for clients. Attorney Alan Rosca, a securities lawyer and adjunct professor of securities regulation, has represented thousands of victimized investors across the country and around the world in cases ranging from arbitrations to class actions.
Investors who believe they lost money as a result of William Neil Doc Gallagher’s alleged affinity-fraud investment scheme may contact attorney Alan Rosca for a free no-obligation evaluation of their recovery options, at 888-998-0530, via email at firstname.lastname@example.org, or through the contact form on this webpage.