Radio Host Craig Carton Goes on Trial for Alleged Ticket-Scam Fraud to Pay Gambling Debt

The fraud trial of New York radio personality Craig Carton got underway on Tuesday. The sports jock — once one half of WFAN’s “Boomer and Carton” show with former NFL quarterback Boomer Esiason — is accused of scamming investors in a bogus ticket-reselling business in order to fund a multimillion-dollar gambling habit. He pleads not guilty.

Craig Carton
Craig Carton arrives at a Manhattan courtroom on Tuesday to face charges of operating a multimillion-dollar  Ponzi scheme. On Wednesday, the court heard from a loan shark who organized high-stakes gambling sprees for the radio star. (Image: NJ.com)

Carton and co-accused, New York strip club owner Michael Wright, are alleged to have orchestrated a Ponzi scheme that defrauded investors out of an estimated $5.6 million.

The two men allegedly told investors they had access to blocks of concert tickets that they could buy at face value and resell for premium prices. Prosecutors claim they falsified documents to add legitimacy to the scheme and that Carton used investor capital to pay off high-interest gambling debts, as well as earlier investors.

Own Personal Piggy Bank

“The defendant had one of the most influential and trusted voices in radio in New York City,” Assistant US Attorney Brendan Quigley said on Tuesday, as reported by Newsday. “People liked him, people trusted him, and he lied to those people. That’s fraud and it’s a serious crime.

He took their money and used it not on tickets but to pay casinos, to pay back other people who had invested..” said Quigley. “…Carton used the money like his own personal piggy bank… The money was used to benefit Craig Carton, plain and simple.”

But Carton’s lawyer Robert Gottlieb claims his client is also a victim. Gottlieb argued that Carton believed he was involved in a legitimate ticket-sales business but was hoodwinked by a convicted conman, Joseph Meli.

Meli is currently serving a prison sentence for operating a separate ticket-related Ponzi scheme.

$3 Million in Gambling Debts

On Wednesday, the court heard from Harvey Klein, a loan shark who organized casino trips for Carton. Klein testified that he gave the disc jockey six $250,000 and $500,000 high-interest loans to finance gambling sprees in the Florida and the Caribbean. The short term loans were to be paid back within seven to 30 days, Klein said.

The loan shark claimed Carton falsely referred to him in correspondence as an “investor” and sometimes pretended the loans were for his ticket business.

“I was told it was so his wife didn’t find out about it,” said Klein.

Prosecutors believe Carton had chalked up around $3 million in gambling debts to casinos and outside parties around the time the ticket business began in 2016.

 

Philip Conneller
Philip Conneller Senior Reporter

In Philip Conneller’s 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’s 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’s 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.

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