NEW YORK (AP) - The Latest on fraud charges against sports radio personality Craig Carton, a host of WFAN’s “Boomer and Carton” show (all times local):
4:15 p.m.
Sports radio personality Craig Carton has been released on bond following his New York arrest on fraud charges alleging he and others used a Ponzi scheme and a concert ticket-selling scam for acts including Katy Perry to try to raise millions of dollars to pay off gambling debts.
Federal prosecutors say Carton teamed up with an Upper Saddle River, New Jersey, man to carry out a fraud on investors by posing as power brokers in the concert ticket business.
Each man was released on $500,000 bond at a Wednesday hearing. The men’s lawyers declined to speak afterward to reporters.
Carton is a host of WFAN’s “Boomer and Carton” show with former NFL quarterback Boomer Esiason (eh-SY’-uh-suhn).
Esiason says he’s “taken aback and surprised” by his co-host’s arrest.
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10:25 a.m.
Authorities say sports radio host Craig Carton engaged in a ticket-selling scam after accumulating gambling debts.
Conspiracy and securities fraud charges were unsealed Wednesday in Manhattan federal court against the host of WFAN’s “Boomer and Carton” show.
In a civil case, the Securities and Exchange Commission said Carton in mid-2016 solicited investments in ticket reselling enterprises after he accrued millions of dollars’ worth of gambling-related debts.
Carton lives in Manhattan and has hosted the sports-themed radio program broadcast on WFAN since 2007 with former NFL quarterback Boomer Esiason. The show also is simulcast on CBS Sports Network TV.
Carton was not on the air Wednesday. It was unclear who will represent him in court.
CBS owns WFAN and says it is cooperating with authorities.
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10:05 a.m.
Authorities say New York sports radio host Craig Carton faces fraud charges for engaging in a ticket-selling scam after accumulating gambling debts.
Conspiracy and securities fraud charges were unsealed in Manhattan federal court on Wednesday against the host of WFAN-AM’s “Boomer and Carton” show.
In a civil case, the Securities and Exchange Commission said Carton in mid-2016 solicited investments in ticket reselling enterprises after he accrued millions of dollars’ worth of gambling-related debts.
The 48-year-old Carton, who lives in Manhattan, has hosted the sports-themed radio program broadcast on WFAN since 2007 with former NFL quarterback Boomer Esiason.
Carton was not on the air Wednesday. It was unclear who will represent Carton in court.
CBS, which owns WFAN, says in its story about Carton’s arrest that it is cooperating with authorities.
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9:50 a.m.
Federal officials say New York sports radio host Craig Carton is in custody.
Details of the charges against the host of WFAN-AM’s “Boomer and Carton” show were not immediately made public Wednesday.
In a civil case, the Securities and Exchange Commission said Carton in mid-2016 solicited investments in ticket reselling enterprises at about the time he accrued millions of dollars’ worth of gambling-related debts. The SEC said Carton wanted to buy and resell large blocks of concert tickets for substantial profits.
The 48-year-old Carton, who lives in Manhattan, has hosted the sports-themed radio program broadcast on WFAN since 2007 with former NFL quarterback Boomer Esiason.
Carton was not on the air Wednesday. It was unclear who will represent Carton in court.
CBS, which owns WFAN, says in its story about Carton’s arrest that it is cooperating with authorities.
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