Ny Post – A Manhattan federal jury has convicted sports radio personality Craig Carton of fraud — setting the fallen “Boomer and Carton” co-host up for some hard prison time when he is sentenced next year.
After less than a day of deliberations, a jury of three men and nine women found Carton guilty on all three counts against him, including securities fraud, wire fraud and conspiracy to commit fraud.
Carton looked straight ahead as the guilty verdicts were read while his wife, who was sitting in the courtroom with other supporters, held back tears.
“I need to let it sink in now,” he told reporters outside the courthouse. “I’m going to go home and hug my kids and let my lawyers deal with the rest of it.”
His lawyer, Robert Gottlieb, said he will appeal the verdict.
Carton, 49, was released on bail but ordered to return for sentencing on Feb. 27. He faces as much as 45 years in prison based on the sentencing guidelines but will likely get far less.
The Westchester native was one of the biggest names in sports radio when he was arrested last year and charged with defrauding investors of a bulk ticket business he had been running with Michael Wright, who has pleaded guilty.
Crazy news in the New York sports media. Craig Carton was found guilty on all three counts of fraud today and faces a maximum of 45 years in prison. I don’t think he’ll receive the max, but there’s no way he doesn’t go to prison for some time. I still can’t believe this is happening. In a way, Craig Carton’s fall from grace has felt like an understatement in the New York sports media. I’m shocked at how little press there has been for this saga. Carton was still doing a show on Fantasy Sports Network up until a few weeks ago despite having this looming black cloud over his head. If you’re not from the tristate area, it’s hard to comprehend just how much WFAN means to sports fans including myself. Boomer and Carton, Joe and Evan, and Mike Francesa were staples on The Fan for the past decade. These are voices you wake up to and listen to throughout the day for opinions on New York sports.
I still cannot get over some of these details. Between taking loans from strip club owners to funding expensive casino trips, it has all the makings of a movie script. It reminds me of the modern day Catch Me If You Can.
NY Post – At trial, the feds called a hedge fund executive who said his firm gave Carton more than $5 million at various points in 2016 to invest in tickets to Metallica and Barbara Streisand concerts.
In order to win the money, Carton fabricated contracts and emails, including one email presented at trial that was doctored by Carton to look like it had come from Fred Mangione, chief of staff of Brooklyn Sports & Entertainment, which owns the Barclays Center and the Nassau Veterans Memorial Coliseum, the evidence showed.
At the time of the fraud, Carton was spending big bucks at casinos — even borrowing money from loan sharks to fund his casino trips, according to witness testimony.
One of the loan sharks, Desmond Finger, a general manager of Upper East Side strip club Sapphire 39, told the jury he gave Carton several high-interest loans of as much as $500,000 a pop to finance his casino trips in 2016 and 2017.
500K? My god. I can’t even spend $100 at a bar without hating myself the next day.
It’s so weird to me how this all played out. For almost a year, Carton was claiming innocence. Carton said that he was “unequivocally not guilty” of what he was being charged with. Then, the evidence was presented at the case and Carton went silent. I’m not an expert, but it looked like an open and shut case to the average person. His lawyer’s remarks in the closing argument stunned me.
NY Daily News – “Craig was wrong ever to lie. He was wrong ever to misrepresent. He should be ashamed,” Gottlieb said.
After all of the innocent talk, Carton’s lawyer flat out said Carton lied. No way around it. It’s one of those situations where one lie turns into another lie which turns into a web of lies and before you can get out, it’s too late.
Should you feel bad for Carton? Can you feel bad for Carton? I’ll say this. I feel awful for his wife and family. This decision sets his family back for years to come and that’s gut-wrenching. I also feel a little bad for Carton for the fact that he couldn’t beat his addiction. Nothing worse than wasted talent. Carton was such a unique sports media personality and although I wasn’t the biggest fan, I could respect what he was trying to do in terms of being the Howard Stern of NY sports media. That all went away with this court case.
That being said, Carton is a liar and a fraud who committed a federal crime. That’s not my words. The courts said those two phrases. Carton stole money from investors and never paid it back. That’s a crime and to those investors, justice was served. I can’t feel bad for someone who stole money and committed fraud for their own personal benefit.
Wishing the best for his wife and family.