Tag:

Craig Carton

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…
Westchester Native, Ousted WFAN Radio Host Craig Carton Sentenced For Ponzi Scheme Westchester Native, Ousted WFAN Radio Host Craig Carton Sentenced For Ponzi Scheme
Westchester Native, Ousted Wfan 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…
Westchester Native, Ousted WFAN Radio Host Craig Carton Found Guilty Of Ponzi Scheme Westchester Native, Ousted WFAN Radio Host Craig Carton Found Guilty Of Ponzi Scheme
Westchester Native, Ousted Wfan Radio 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…