Thursday, 21 September, 2017

NY Radio Host Craig Carton Charged in Ticket Fraud Scheme

Television commentator and former professional football player Boomer Esiason left and radio host Craig Carton right attend the Friars Club Roast Honoring Boomer Esiason 'Boomer and Carton' co-host Craig Carton arrested
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

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.

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 .

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.

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.

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.

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.

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.

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.

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.

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.