Mark Davis of 660AM and his employer avoid a trial over Doc Gallagher’s Ponzi scheme | Watchdog
A leading political talk show host, Mark Davis is cited in a now-settled lawsuit as someone who helped "Doc" Gallagher recruit investors who ended up losing their investments in Gallagher's $30 million Ponzi scheme.Mark Davis is best known as a top-rated conservative radio show host, a job he’s held in North Texas for close to 30 years. More recently, Davis’ relationship with convicted swindler William Neil “Doc” Gallagher has been spotlighted in a civil lawsuit.
Davis was a defendant in the lawsuit along with Salem, where Davis has worked for a decade. Davis and Salem’s chief financial officer, Evan D. Masyr, declined to comment for this story.Brinker, Salem’s lawyer, argued in court that Salem had no knowledge of Gallagher’s activities. The company’s only involvement was to sell advertising, he said in a brief conversation Friday.
Gallagher bought advertising time and hosted his own show on local stations owned by Salem. He called himself the “Money Doctor,” but his doctorate was in philosophy. Four years before Gallagher’s arrest, a regional vice president in charge of Salem’s local stations wrote in an email that “Gallagher is a slippery one, and I have reason not to trust him.”
Salem is a publicly-traded company that promotes itself as “America’s leading radio broadcaster, Internet content provider, and magazine and book publisher targeting audiences interested in Christian and family-themed content and conservative values.” It owns about 100 U.S.
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