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🚨 DALLAS DJ & WIFE SENTENCED 🚨

40 YEARS EACH IN FEDERAL PRISON

💰 $30 MILLION FRAUD SCHEME
👥 10,000+ VICTIMS NATIONWIDE
⚖️ COVID-ERA PYRAMID SCHEME CASE
📍 Dallas, Texas

LaMont Gilbert and the Team

LaMont Gilbert and the Team

Jun 11, 2026

 

DALLAS DJ AND WIFE SENTENCED TO 40 YEARS EACH IN $30 MILLION FRAUD CASE

DALLAS, TX — A once-prominent Dallas radio personality and his wife have been sentenced to decades behind bars after federal prosecutors say they orchestrated a massive pyramid scheme that victimized thousands of people across the country.

Popular Dallas DJ known as "#DJASAP" and his wife were each sentenced to 40 years in federal prison for their roles in a scheme that authorities say collected more than $30 million from investors during the COVID-19 pandemic.

Federal investigators alleged the couple operated a fraudulent investment program that promised participants extraordinary financial returns while relying on money from new recruits to pay earlier investors — a hallmark of a pyramid or Ponzi-style operation.

According to court records, more than 10,000 victims nationwide were affected by the scheme. Many participants reportedly believed they were joining a legitimate wealth-building opportunity during a time of economic uncertainty.

Prosecutors argued that the operation generated millions of dollars while leaving countless investors facing devastating financial losses.

The lengthy prison sentences reflect the scale of the alleged fraud and the number of victims involved. Federal officials described the case as one of the more significant financial fraud prosecutions to emerge from the pandemic era.

Financial experts continue to warn consumers to be cautious of investment opportunities promising unusually high returns with little or no risk.

Common warning signs include:

✅ Guaranteed profits
✅ Pressure to recruit others
✅ Limited documentation
✅ Requests for immediate payments
✅ Claims that "everyone is getting rich"

Federal authorities say victims in the case ranged from everyday workers and retirees to individuals seeking financial stability during the uncertainty of the COVID-19 years.

The sentences bring an end to a case that drew national attention and serves as another reminder that if an investment opportunity sounds too good to be true, it often is.

The SouthSide Signal will continue following major fraud and consumer protection cases affecting Texans and communities across the nation.

The Southside Signal

© 2026 The Southside Signal.

The Southside Signal is a friendly, go-to guide for life in Houston, Texas. This weekly dispatch shines a light on everything from crucial local news and can't-miss events to the hidden gems tucked away in our sprawling neighborhoods. It's a space for community connection, featuring neighborly shoutouts that keep the heart of the Bayou City beating strong.

© 2026 The Southside Signal.