Monday, 20 August, 2018

NY Radio Host Craig Carton Charged in Ticket Fraud Scheme

Craig Carton Courtesy of YouTube Craig Carton Courtesy of YouTube
Lamar Ellis | 07 September, 2017, 02:17

He's a longtime radio co-host of the Boomer & Carton morning show on New York's WFAN sports station with ex-NFL QB Boomer Esiason.

He was allegedly involved in an investment scam where he and an associate claimed to be running a ticket broker business.

Both men have been charged with one count of conspiracy to commit securities fraud and wire fraud, one count of wire fraud, and one count of securities fraud.

Carton has hosted WFAN's morning show alongside National Football League great Boomer Esiason for the last 10 years, taking over for Don Imus, who was sacked after making a racially charged remark about the Rutgers women's basketball team. There is nothing else I can say.

"As alleged in our complaint, investors were lured with promises of big profits from resales of A-list concert tickets, but little did they know their money was being used to cover Carton's gambling debts among other things", said Paul Levenson, Director of the SEC's Boston Regional Office.

Asked if he was suprised when he heard of Carton's arrest, Codey said, "When you're big-time gambler like obviously he might be, you have to cover your action and unfortunately for him and his family it looks like he got jammed up".

NY said investigation details were expected to be released later Wednesday.

In January 2005, Codey threatened to "take out" Carton after Carton made dismissive comments about postpartum depression, an ailment that afflicted the then-governor's wife Mary Jo Codey.

The civil case against Carton is tied to Joseph Meli, a New York-based businessman who was separately charged earlier this year with operating a Ponzi scheme that cheated wealthy people who thought they were investing in ticket businesses for popular shows and concerts, including Broadway's "Hamilton".

The business promised to sell blocks of concert tickets that Carton and his associate claimed to have access to.

"They said it wouldn't last", Carton told The Post in 2011, referring to the hit show's beginning. Kim says Carton was actually running "a sham, created to fleece investors out of millions".

According to the complaint, Carton was ultimately unable to resell a significant portion of the Barbra Streisand tickets he purchased.
Carton, 48, misappropriated another $2 million from one of the investors.

Each man was released on $500,000 bond at a Wednesday hearing. Prior to his work in NY, he worked on radio shows in Cleveland, Philadelphia and Denver as well as Buffalo, where he got his start in the industry in 1991. Carton is married with four children.

Recommended

  • European Union  court rejects Hungary-Slovakia appeal of refugee quotas

    European Union court rejects Hungary-Slovakia appeal of refugee quotas

    All four countries also say migrants will disrupt their societies and the EU's focus should be on protecting its external borders .
    Let Jaguar take the wheel: The AI steering wheel is coming soon

    Let Jaguar take the wheel: The AI steering wheel is coming soon

    The AI lives inside the removable steering wheel, which can be attached to whatever vehicle you happen to be sitting in. It's named after Malcolm Sayer, one of Jaguar's designers who worked at the vehicle company between 1951 and 1970.
    Germany, France float new sanctions after North Korea nuclear test

    Germany, France float new sanctions after North Korea nuclear test

    The United Nations Security Council made a decision to hold an emergency meeting on Monday to discuss the worldwide response. Moscow would need to react to the expansion of a United States anti-missile defence system in South Korea , Ryabkov added.
  • Union Minister Rajiv Pratap Rudy resigns amid speculation of a Cabinet reshuffle

    Union Minister Rajiv Pratap Rudy resigns amid speculation of a Cabinet reshuffle

    The election in Gujarat is due at the end of this year and the party will soon launch its poll slogan "Garaje Gujarat". Maurya, along with the UP CM and three other ministers, will contest the polls for the Legislative Council.

    William and Catherine expecting again

    Royal watchers recorded every aside for clues as to what the plans might be. Kate thanked the well-wisher for the present and turned to William.
    Britain's PM Theresa May visits Japan with eye on Brexit fears

    Britain's PM Theresa May visits Japan with eye on Brexit fears

    Grant Shapps said the Prime Minister is now "on trial" and should deliver Brexit before the party judges her performance. What me and my government are about is not just delivering on Brexit".
  • Google's Pixel 2 may use processor that doesn't exist yet

    Google's Pixel 2 may use processor that doesn't exist yet

    The flagship smartphones are also expected to run Android Oreo , Google's latest version of the Android mobile operating system. Backing up the two outlets' statements, a recent FCC filing confirmed that the Pixel 2 is going to sport Snapdragon 835 .
    Sanskaari Pahlaj Nihalani to distribute Julie 2

    Sanskaari Pahlaj Nihalani to distribute Julie 2

    It was bad enough that Pahlaj Nihalani chose to shed his sanskari image but it's worse that he made a decision to do it this way. Isn't that shocking Surprisingly, this shocking news has been confirmed by the director Deepak himself.
    Aviva plc 5.3% Potential Upside Indicated by HSBC

    Aviva plc 5.3% Potential Upside Indicated by HSBC

    Liberum Capital restated a "hold" rating on shares of Rolls-Royce Holding PLC in a research report on Friday, June 16th. HSBC Holdings plc now has an average rating of "Hold" and an average target price of GBX 693.71 ($8.97).
  • Kim Kardashian & Kanye West's 3rd Baby Is Due In January

    Kim Kardashian & Kanye West's 3rd Baby Is Due In January

    Kim Kardashian and Kanye West will add a third child to their family in January (18), via a surrogate , according to reports. Kardashian has spoken about the prospect of surrogacy, even asking her sisters Kourtney and Khloe if they would oblige.
    Metro in Lucknow to start running from this date

    Metro in Lucknow to start running from this date

    Rajnath Singh also said the work has also started for construction of 104 km ring road around Lucknow . The newly inaugurated 8.5 km route will be opened to the public from Wednesday onwards.
    Red Cross Seeking Monetary Donations for Hurricane Relief

    Red Cross Seeking Monetary Donations for Hurricane Relief

    More than half of the Red Cross emergency response fleet - 200 emergency response vehicles - have been activated for the operation.

"Star Wars: Episode IX" loses writer/director Trevorrow over movie vision This summer has not been kind to the directors aligned to the Star Wars universe. Lucasfilm hasn't announced a replacement for Trevorrow .

Pakistan to play two Tests in England next year Pakistan to play two Tests in England next year Lara was quoted as saying, "I grew up at a time when West Indies dominated the world. England and the West Indies clash in the third and final test at Lords.

Poor air quality expected in Salem this week Poor air quality expected in Salem this week The advisory is in effect until Thursday at 10 a.m.at which time conditions will be reevaluated, according to a DEQ news release. Some schools also were making sure that students did not stand in lines outdoors before or after school.

Nissan Leaf: What You Need To Know Nissan Leaf: What You Need To Know In addition to these features, there will also be the usual array of electronic driver aids including a self-parking feature. It lets drivers start, accelerate, decelerate and stop by increasing or decreasing the pressure applied to the accelerator.

Senators seek bipartisan deal to shore up insurance markets Senators seek bipartisan deal to shore up insurance markets The senator said there seems to be a "direct correlation" between a drop in federal marketing of the ACA and enrollment.

Reliance Jio effect: Airtel launches new plan for its prepaid users Reliance Jio effect: Airtel launches new plan for its prepaid users A year old in the industry but Reliance Jio, owned by country's richest man Mukesh Ambani , is still rattling the telecom sector. Even though Jio's speed dropped a bit compared to last month, it continues to be the fastest 4G service provider in India now .

Spurs told to give Toby Alderweireld an "appropriate" contract - or sell him Spurs told to give Toby Alderweireld an Mauricio Pochettino said on August 25 that Tottenham would start contract talks with Alderweireld after the transfer window closed.

Nintendo's Mario leaves the plumbing profession Nintendo's Mario leaves the plumbing profession The game will follow Mario on a journey around the world with many different kingdoms to explore in his new ship, the Odyssey . It introduced the concept of warp pipes, so Nintendo played up the theme and made the characters plumbers instead.

Audi launches Q7 40 TFSI Petrol at Rs. 67. 76 lakh Audi launches Q7 40 TFSI Petrol at Rs. 67. 76 lakh The declared fuel efficiency of the Q7 petrol is 11.68kmpl which is approved by Automotive Research Association of India (ARAI). The new Q7 will have an 8-speed automatic transmission and it is a four wheel drive controlled by the Quattro AWD system.

Seat Leon Cupra R limited to just 799 examples Seat Leon Cupra R limited to just 799 examples Happily however, there's a new version here to give the Honda and the Ford what for: the Leon Cupra R. This means the 2.0-litre turbo petrol unit now produces 306bhp - a gain of over 10bhp over Cupra 300.

North Korea's Nuclear Detonation North Korea's Nuclear Detonation He later floated the idea that the United States could halt all trade with nations that did not sever economic links with North Korea.

Steelers add much-needed safety depth in trade with the Buccaneers Steelers add much-needed safety depth in trade with the Buccaneers He was brought in to challenge for a starting role but wound up behind Chris Conte and Keith Tandy on the depth chart. Wilcox, 26, was paid $1.8 million last season with the Cowboys in the final year of his rookie deal.

Latest North Korean missile test continues to strain worldwide relations Latest North Korean missile test continues to strain worldwide  relations The B-1Bs were flown in from Andersen Air Force Base in Guam while the F-35Bs came from a USA base in Iwakuni, Japan. These exercises indicated a willingness to work together in the face of a North Korean threat.

Condoleezza Rice: Trump right to paint 'bleak picture' of North Korea Condoleezza Rice: Trump right to paint 'bleak picture' of North Korea The country has tested nuclear weapons successfully five previous times since 2006. " North Korea has a choice". Pacific island territory of Guam.

Czech Republic vs Germany World Cup Qualifier Live Streaming (1-2) Czech Republic vs Germany World Cup Qualifier Live Streaming (1-2) Timo Werner scored an early opener from Mesut Ozil's pass, but Vladimir Darida equalised with a long-range effort. Germany is one of only two countries with Switzerland to win all its opening seven qualifying games.