Former WFAN radio host Craig Carton sentenced for financial fraud

Former WFAN radio host Craig Carton has been sentenced to 42 months prison and 3 years probation for defrauding investors in a ticket reselling business.

News 12 Staff

Apr 5, 2019, 5:25 PM

Updated 1,874 days ago

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Former WFAN radio host Craig Carton sentenced for financial fraud
By LARRY NEUMEISTER
Associated Press
NEW YORK (AP) - Sports radio personality Craig Carton was sentenced to 3½ years in prison Friday by a longtime fan and listener - the judge - for a ticket reselling scam that ended his decade-long broadcast partnership with ex-NFL quarterback Boomer Esiason.
Carton, convicted in November of conspiracy, wire fraud and securities fraud, was sentenced by Chief Judge Colleen McMahon.
She greeted him like a radio listener.
"Good afternoon Mr. Carton. Colleen from New York. First time, long time," the judge said, adding that she used to listen to his show as she drove to court.
The prison term was half what prosecutors sought after Carton was convicted at a November trial of soliciting and then largely gambling away nearly $7 million.
U.S. Attorney Geoffrey S. Berman said in a release that Carton's ticket reselling business that purported to use his connections to score good seats from events like Metallica and Barbra Streisand concerts was an "elaborate fiction."
Carton, a 50-year-old Manhattan resident, blamed his fall from a measure of celebrity and wealth on sexual abuse he suffered at a camp when he was 11 years old.
He said memories of his abuse were triggered by revelations of the crimes of now-convicted child molester Jerry Sandusky. That led him first to speak angrily and more emotionally than he ever had before on WFAN's "Boomer and Carton" show, which he co-hosted for years with Esiason. Then he couldn't sleep.
"Nobody knows what it's like when lights go out and you lay in bed awake and the demons come," Carton said.
He said he turned to blackjack as an escape until gambling became an addiction.
Carton said his 2017 arrest was a "lightning bolt of awareness for me." He said he has joined Gamblers Anonymous, sometimes hosting meetings, and was undergoing therapy.
"I am truly powerless over this disease," Carton said. His last bet - a loss - came less than a year ago on June 22, he added.
Before describing the sentence, McMahon said she had enjoyed Carton's show, except when it got too "raunchy."
She likened his crimes to that of Bernard Madoff, who is serving a 150-year prison sentence, though she said Madoff's scheme in which he squandered roughly $20 billion went on far longer and the Ponzi king seemed better at it.
The judge dismissed Carton's claims he never meant to lose investor's money, saying it was a common justification in financial crimes.
"The money always runs out at some point and only then do you realize the road to your personal hell was truly paved with your good intentions," she said.
She praised Carton's plan to publicly urge others to stop gambling as she ordered him to pay $4.8 million in restitution and to forfeit $4.2 million. He also must do 150 hours of community service.
She said Carton could perhaps someday resume a radio show, which he left after his 2017 arrest, but she noted one of the biggest advertisers on sports radio shows seemed to be legal gambling businesses.
"That troubles me," the judge said.
Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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