{"id":92148,"date":"2018-11-08T09:02:24","date_gmt":"2018-11-08T17:02:24","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=92148"},"modified":"2018-11-08T09:02:24","modified_gmt":"2018-11-08T17:02:24","slug":"radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/","title":{"rendered":"Radio Host Craig Carton Found Guilty of $5.6 Million Fraud to Fund Gambling Habit"},"content":{"rendered":"

Former New York sports radio host Craig Carton is facing a maximum 45 years in prison after being found guilty of securities and wire fraud charges relating to a bogus ticket reselling business<\/a> that bilked investors out of millions.<\/p>\n

\"Craig
Craig Carton leaves a Manhattan courtroom on Wednesday after hearing the jury\u2019s unanimous verdict. Prosecutors said he used investors\u2019 money like his own personal piggy bank. (Image: Sports Illustrated)<\/figcaption><\/figure>\n

A Manhattan jury deliberated for five hours before returning a unanimous guilty verdict, which produced no visible reaction from Carton.<\/p>\n

\u201cI\u2019m obviously disappointed with the verdict today,\u201d Carton told reporters outside the courtroom. \u201cI\u2019m going to go home and hug my kids and let my lawyers deal with the rest of it,\u201d he added.<\/p>\n

Out of Control<\/strong><\/h2>\n

Throughout the trial, prosecutors had argued that Carton — formerly one half of WFAN\u2019s popular drive-time Boomer and Carton show — had misappropriated at least $5.6 million from investors and spent a large part of the money on a high-stakes gambling habit that had spiraled completely out of control.<\/p>\n

\n

He was accused of enticing investors by flaunting his show-business contacts which he said gave him the ability to buy blocks of tickets to live events, like Metallica and Barbara Streisand. He promised investors he would buy the tickets at face value, before reselling them at a premium price.<\/p>\n<\/div>\n

Except he didn\u2019t. Instead, he used their money like his \u201cown personal piggy bank,\u201d prosecutors said.<\/p>\n

Millions in the Hole<\/strong><\/h2>\n

Last week, the jury heard the testimony of a loan shark, Harvey Klein, who organized gambling junkets for Carton to Florida and the Caribbean. Testifying as part of his own plea deal, Klein told the court he lent Carton six short-term, high-interest loans, ranging from $250,000 and $500,000, to fund his gambling sprees.<\/p>\n

By the time he launched the ticket scam in 2016, Carton was $3 million in debt to casinos and other third-parties, like Klein. He was arrested by the FBI<\/a> in September 2017.<\/p>\n

Opening up about his partner\u2019s dramatic fall from grace, former NFL quarterback Boomer Esiason told the New York Post Thursday<\/em> that he was “saddened” for Carton\u2019s family.<\/p>\n

This is a cautionary tale of how your life can spiral out of control and affect so many around you, including your own family, the people that you work with and the people that you try to do business with on the outside,\u201d Esiason said. \u201cLast night there was a moment that where I said, \u2018I can\u2019t believe it\u2019s finally come to an end.\u2019”<\/p><\/blockquote>\n

Carton is due back in court for sentencing on February 27.<\/p>\n","protected":false},"excerpt":{"rendered":"

Former New York sports radio host Craig Carton is facing a maximum 45 years in prison after being found guilty of securities and wire fraud charges relating to a bogus ticket reselling business that bilked investors out of millions. A Manhattan jury deliberated for five hours before returning a unanimous guilty verdict, which produced no […]<\/p>\n","protected":false},"author":36,"featured_media":92149,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21,60,16],"tags":[],"acf":[],"yoast_head":"\nRadio Host Craig Carton Found Guilty of $5.6 Million Fraud to Fund Gambling Habit - Casino.org<\/title>\n<meta name=\"description\" content=\"Former New York sports radio host Craig Carton is facing a maximum 45 years in prison after being found guilty of securities and wire fraud charges\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Radio Host Craig Carton Found Guilty of $5.6 Million Fraud to Fund Gambling Habit - Casino.org\" \/>\n<meta property=\"og:description\" content=\"Former New York sports radio host Craig Carton is facing a maximum 45 years in prison after being found guilty of securities and wire fraud charges\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-08T17:02:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/11\/craig_carton_verdict.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"724\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/\",\"url\":\"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/\",\"name\":\"Radio Host Craig Carton Found Guilty of $5.6 Million Fraud to Fund Gambling Habit - Casino.org\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/11\/craig_carton_verdict.jpg\",\"datePublished\":\"2018-11-08T17:02:24+00:00\",\"dateModified\":\"2018-11-08T17:02:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Former New York sports radio host Craig Carton is facing a maximum 45 years in prison after being found guilty of securities and wire fraud charges\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/11\/craig_carton_verdict.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/11\/craig_carton_verdict.jpg\",\"width\":1300,\"height\":724,\"caption\":\"Craig Carton leaves a Manhattan courtroom on Wednesday after hearing the jury\u2019s verdict. Prosecutors said he used investors\u2019 money like his own personal piggy bank. (Image: Sports Illustrated)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sports Betting\",\"item\":\"https:\/\/www.casino.org\/news\/sportsbetting\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Sports\",\"item\":\"https:\/\/www.casino.org\/news\/sportsbetting\/sports\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Radio Host Craig Carton Found Guilty of $5.6 Million Fraud to Fund Gambling Habit\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\",\"name\":\"Philip Conneller\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png\",\"caption\":\"Philip Conneller\"},\"description\":\"In Philip Conneller\u2019s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation. Philip was the original features editor for poker\u2019s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites. His news stories for Casino.org\/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others. Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John\u2019s piano on two separate occasions on both sides of the Atlantic. He became a writer because he is a lousy pianist. Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC. Contact Philip at philip.conneller@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/philip-conneller\",\"https:\/\/www.linkedin.com\/in\/philip-conneller-1495a48\/?originalSubdomain=uk\",\"https:\/\/x.com\/casinoorgphilc\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/phillip-conneller\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Radio Host Craig Carton Found Guilty of $5.6 Million Fraud to Fund Gambling Habit - Casino.org","description":"Former New York sports radio host Craig Carton is facing a maximum 45 years in prison after being found guilty of securities and wire fraud charges","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/","og_locale":"en_US","og_type":"article","og_title":"Radio Host Craig Carton Found Guilty of $5.6 Million Fraud to Fund Gambling Habit - Casino.org","og_description":"Former New York sports radio host Craig Carton is facing a maximum 45 years in prison after being found guilty of securities and wire fraud charges","og_url":"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2018-11-08T17:02:24+00:00","og_image":[{"width":1300,"height":724,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/11\/craig_carton_verdict.jpg","type":"image\/jpeg"}],"author":"Philip Conneller","twitter_card":"summary_large_image","twitter_creator":"@casinoorgphilc","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Philip Conneller","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/","url":"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/","name":"Radio Host Craig Carton Found Guilty of $5.6 Million Fraud to Fund Gambling Habit - Casino.org","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/11\/craig_carton_verdict.jpg","datePublished":"2018-11-08T17:02:24+00:00","dateModified":"2018-11-08T17:02:24+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b"},"description":"Former New York sports radio host Craig Carton is facing a maximum 45 years in prison after being found guilty of securities and wire fraud charges","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/11\/craig_carton_verdict.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/11\/craig_carton_verdict.jpg","width":1300,"height":724,"caption":"Craig Carton leaves a Manhattan courtroom on Wednesday after hearing the jury\u2019s verdict. Prosecutors said he used investors\u2019 money like his own personal piggy bank. (Image: Sports Illustrated)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/radio-host-craig-carton-found-guilty-of-5-6-million-fraud-to-fund-gambling-habit\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"Sports Betting","item":"https:\/\/www.casino.org\/news\/sportsbetting\/"},{"@type":"ListItem","position":3,"name":"Sports","item":"https:\/\/www.casino.org\/news\/sportsbetting\/sports\/"},{"@type":"ListItem","position":4,"name":"Radio Host Craig Carton Found Guilty of $5.6 Million Fraud to Fund Gambling Habit"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b","name":"Philip Conneller","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png","caption":"Philip Conneller"},"description":"In Philip Conneller\u2019s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation. Philip was the original features editor for poker\u2019s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites. His news stories for Casino.org\/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others. Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John\u2019s piano on two separate occasions on both sides of the Atlantic. He became a writer because he is a lousy pianist. Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC. Contact Philip at philip.conneller@casino.org.","sameAs":["https:\/\/muckrack.com\/philip-conneller","https:\/\/www.linkedin.com\/in\/philip-conneller-1495a48\/?originalSubdomain=uk","https:\/\/x.com\/casinoorgphilc"],"url":"https:\/\/www.casino.org\/news\/author\/phillip-conneller\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/92148"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=92148"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/92148\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/92149"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=92148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=92148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=92148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}