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Craig Carton

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Ousted Sports Radio Host Craig Carton Sentenced For Ponzi Scheme Ousted Sports Radio Host Craig Carton Sentenced For Ponzi Scheme
Ousted Sports Radio Host Craig Carton Sentenced For Ponzi Scheme This story has been updated. Westchester native and former radio/TV sports talk star Craig Carton was sentenced by a Manhattan federal judge for running a ticket-resale Ponzi scheme. Carton, who grew up in New Rochelle, was ordered on Friday, April 5 to serve 42 months in prison. In addition to the prison term, he was sentenced to three years of supervised release and ordered to pay $4,835,186.56 in restitution and to forfeit $4,590,000. In a plea for leniency, the 50-year-old Carton, who co-host WFAN's “Boomer and Carton” morning show for a decade alongside retired NFL qua…

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by Joe Lombardi
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Area Native, Ex-WFAN Host Craig Carton Found Guilty Of Ponzi Scheme Area Native, Ex-WFAN Host Craig Carton Found Guilty Of Ponzi Scheme
Area Native, Ex-wfan Host Craig Carton Found Guilty Of Ponzi Scheme After just a weeklong trial, former WFAN sports talk personality and Westchester native Craig Carton has been found guilty on all counts in his fraud trial. The 49-year-old Carton, who grew up in New Rochelle, was found guilty of wire fraud, securities fraud and conspiracy for his role in a Ponzi scheme, which was aimed with an eye toward clearing gambling debt. The scheme was tied to a fake ticket scam. The trial kicked off last week on Oct. 31. Carton now faces up to 45 years in prison following the conviction. He remains released on bail. “The government is dead wrong. The government ha…

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by Zak Failla
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Area Native, Ousted WFAN Radio Host Craig Carton's Trial Underway Area Native, Ousted WFAN Radio Host Craig Carton's Trial Underway
Area Native, Ousted Wfan Radio Host Craig Carton's Trial Underway Westchester native and former WFAN sports talk personality Craig Carton’s fraud trial has started this week. The 48-year-old Carton, who grew up in New Rochelle, has been charged with wire fraud, securities fraud and conspiracy for his role in an alleged Ponzi scheme, which was allegedly aimed with an eye toward clearing gambling debt. The scheme was tied to a fake ticket scam. In his opening statement, Assistant U.S. Attorney Brendan Quigley said that Carton diverted the money to pay for gambling debt and personal expenses. Carton’s lawyers have reportedly said he is the victim of an alleg…

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by Zak Failla