Text messages unveiled during discovery in the contentious legal battle involving Merit Street Media reveal executives of the Dr. Phil McGraw-led company attempting to conceal a bankruptcy “scheme” in order to shift assets and staff over to a new media venture, according to recent court filings.
A week after Trinity Broadcasting sued Merit Street and Dr. Phil for conducting a “years-long fraudulent scheme” in an effort to “fleece TBN” in a scuttled $500 million deal, the Christian broadcaster filed an emergency motion seeking sanctions against Dr. Phil’s production company Peteski Productions for failing to produce discovery material in Merit’s bankruptcy case.
