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Westchester Native Craig Carton Returns To WFAN After Serving Time In Prison For Ponzi Scheme Westchester Native Craig Carton Returns To WFAN After Serving Time In Prison For Ponzi Scheme
Westchester Native Craig Carton Returns To Wfan After Serving Time In Prison For Ponzi Scheme Westchester native Craig Carton is back in the WFAN booth more than three years after he was last on the air following a conviction for operating a Ponzi scheme. Carton, who grew up in New Rochelle, was ordered to spend 42 months in prison last April, three years of supervised release, ordered to pay $4,835,186.56 in restitution, and to forfeit $4,590,000 for running a Ponzi scheme that purportedly covered his gambling debts. On Thursday, Oct. 29, after 1,150 days off the air, Carton was back on WFAN in the afternoon drive, making a solo guest spot during the last hour on what will be his f…

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by Zak Failla
News
Westchester Native, Ousted WFAN Radio Host Craig Carton's Trial Underway Westchester Native, Ousted WFAN Radio Host Craig Carton's Trial Underway
Westchester 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