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Former sportscaster Craig Carton faces up to 45 years jail time following conviction in multi-million dollar ticket scam

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"109460728"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><h6><span style&equals;"color&colon; &num;000000&semi;"><strong>Former top sports radio co-host faces spending up to 45 years in prison after being convicted of fraud executed through a  multi-million dollar ticket scam<&sol;strong><&sol;span><&sol;h6>&NewLine;<h6><span style&equals;"color&colon; &num;000000&semi;"><strong>The 49-year-old former sports radio co-host was found guilty of several  securities and wire fraud charges related to the multi-million dollar ticket scam<&sol;strong><&sol;span><&sol;h6>&NewLine;<h6><span style&equals;"color&colon; &num;000000&semi;"><strong>Craig Carton from Westchester&comma; NY&comma; was convicted by a federal jury in  on Wednesday who found guilty of  securities fraud&comma; wire fraud and conspiracy to commit fraud<&sol;strong><&sol;span><&sol;h6>&NewLine;<h6><span style&equals;"color&colon; &num;000000&semi;"><strong>Jurors deliberated about for five hours and his lawyer has promised to appeal <&sol;strong><&sol;span><&sol;h6>&NewLine;<h6><span style&equals;"color&colon; &num;000000&semi;"><strong>Carton hosted WFAN&&num;8217&semi;s &&num;8216&semi;Boomer and Carton&&num;8217&semi; show with ex-NFL quarterback Boomer Esiason prior to his arrest<&sol;strong><&sol;span><&sol;h6>&NewLine;<h6><strong><span style&equals;"color&colon; &num;000000&semi;">Prosecutors alleged he had misappropriated at least &dollar;5&period;6 million from investor<&sol;span><&sol;strong><span style&equals;"color&colon; &num;000000&semi;">s <&sol;span><&sol;h6>&NewLine;<div>&NewLine;<h6 class&equals;"mol-para-with-font"><strong><img class&equals;"alignnone wp-image-301405" src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2018&sol;11&sol;Craig-Carton-1&period;jpg" alt&equals;"Craig Carton 1&period;JPG" width&equals;"741" height&equals;"516" &sol;>Former sports radio show co-host Craig Carton&comma; seen &lbrack;photo&rsqb; after the verdict&comma; was convicted by a federal jury in New York on Wednesday of fraud in a multi-million dollar ticket scam<&sol;strong><&sol;h6>&NewLine;<p class&equals;"mol-para-with-font">Former sports radio show co-host Craig Carton has been convicted of fraud in a multi-million dollar ticket scam&period;<br &sol;>&NewLine;The 49-year-old&comma; who hosted WFAN&&num;8217&semi;s &&num;8216&semi;Boomer and Carton&&num;8217&semi; show with ex-NFL quarterback Boomer Esiason&comma; was convicted by a federal jury in New York on Wednesday&period;<br &sol;>&NewLine;After less than a day of deliberations&comma; a jury of three men and nine women found Carton guilty on all three counts against him&comma; including securities fraud&comma; wire fraud and conspiracy to commit fraud&period;<br &sol;>&NewLine;Jurors deliberated about for five hours and Carton did not visibly react when the verdict was announced&period;<br &sol;>&NewLine;Following the verdict&comma; Carton said he would go home and hug his four children&period;<&sol;p>&NewLine;<div class&equals;"artSplitter mol-img-group">&NewLine;<div class&equals;"mol-img">&NewLine;<div class&equals;"image-wrap fff-pic">&NewLine;<div class&equals;"overlay-icon mobile-gallery">&NewLine;<h6 class&equals;"mobile-gallery-icon"><strong><img class&equals;"alignnone size-full wp-image-301408" src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2018&sol;11&sol;Craig-Carton-4&period;jpg" alt&equals;"Craig Carton 4&period;jpg" width&equals;"1236" height&equals;"820" &sol;>Craig Carton&comma; seen &lbrack;right&rsqb; outside Manhattan federal court&comma; NY in July &&num;8216&semi;lied and lied repeatedly to investors&comma;&&num;8217&semi; prosecutors told the jury  <&sol;strong><&sol;h6>&NewLine;<div>Former sports radio show co-host Craig Carton&comma; 49&comma; was convicted by a federal jury in New York on Wednesday of fraud in a multi-million dollar ticket scam&period; His lawyer promised to appeal the verdict&period;<&sol;div>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<p class&equals;"mol-para-with-font">Carton faces up to 45 years in prison for the securities and wire fraud charges&period;<br &sol;>&NewLine;He resigned from his radio show following his arrest last year when he was accused of swindling investors in a ticket reselling business&period;<br &sol;>&NewLine;Prosecutors alleged he had misappropriated at least &dollar;5&period;6 million from investors and spent the money on personal expenses including gambling&comma; landscaping bills&comma; repaying debts and business opportunities&period;<br &sol;>&NewLine;Carton from Westchester&comma; New York 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&comma; who has  since pled guilty&period;<br &sol;>&NewLine;The feds said Carton and Wright&comma; in collaboration with a third individual who has pled guilty in a separate scheme&comma; solicited millions from investors to buy bulk tickets to events&comma; only to use as the money for themselves&comma; including to pay off Carton’s gambling debts&period;<br &sol;>&NewLine;Hedge fund executives testified during his week-and-a-half long trial that they invested millions to buy and resell ever-growing numbers of premium tickets to events&comma; including a Metallica tour and Barbara Streisand concerts&period;<br &sol;>&NewLine;One hedge fund executive who said his firm gave Carton more than &dollar;5 million at various points in 2016 to invest in tickets to Metallica and Barbara Streisand concerts&period;<br &sol;>&NewLine;In order to win the money&comma; Carton fabricated contracts and emails&comma; including one email presented at trial that was doctored by Carton to look like it had come from Fred Mangione&comma; chief of staff of Brooklyn Sports &amp&semi; Entertainment&comma; which owns the Barclays Center and the Nassau Veterans Memorial Coliseum&comma; the evidence showed&period;<br &sol;>&NewLine;At the time of the fraud&comma; Carton was spending big bucks at casinos — even borrowing money from loan sharks to fund his casino trips&comma; according to witness testimony&period;<br &sol;>&NewLine;One of the loan sharks&comma; Desmond Finger&comma; a general manager of Upper East Side strip club Sapphire 39&comma; told the jury he gave Carton several high-interest loans of as much as &dollar;500&comma;000 a pop to finance his casino trips in 2016 and 2017&period;<br &sol;>&NewLine;Their relationship fell apart when the radio host failed to repay a &dollar;500&comma;000 loan in 2017&comma; the strip club manager testified&period;<br &sol;>&NewLine;Carton resigned from WFAN’s top-rated &OpenCurlyDoubleQuote;Boomer and Carton” radio program a week after his arrest and has repeatedly asserted his innocence up until trial&comma; including in chats with the press and on his new radio show on the FNTSY Sports Network called &OpenCurlyDoubleQuote;Carton &amp&semi; Friends&period;”<br &sol;>&NewLine;Carton claimed he was a victim of Joseph Meli&comma; who is serving six-and-a-half years at a minimum security prison in Pennsylvania after pleading guilty to stealing a &dollar;100 million from investors of his ticket-selling scheme&period;<&sol;p>&NewLine;<div class&equals;"artSplitter mol-img-group">&NewLine;<div class&equals;"mol-img">&NewLine;<div class&equals;"image-wrap fff-pic">&NewLine;<div class&equals;"overlay-icon mobile-gallery">&NewLine;<h6 class&equals;"mobile-gallery-icon"><strong><img class&equals;"alignnone wp-image-301407" src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2018&sol;11&sol;Craig-Carton-3&period;jpg" alt&equals;"Craig Carton 3&period;JPG" width&equals;"682" height&equals;"1228" &sol;>Carton resigned from his radio show following his arrest last year when he was accused of swindling investors in a ticket reselling business<&sol;strong><&sol;h6>&NewLine;<div><&sol;div>&NewLine;<div class&equals;"mobile-gallery-icon">&&num;8216&semi;This defendant Craig Carton lied and lied repeatedly to investors&comma;&&num;8217&semi; Assistant U&period;S&period; Attorney Brendan Quigley told the jury during the trial&period;<&sol;div>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<p class&equals;"mol-para-with-font">&&num;8216&semi;People trusted him&period; He lied to them&period;&&num;8217&semi;<br &sol;>&NewLine;His lawyers argued during the trial that Carton was no crook and that he was victimized by another businessman&period;<br &sol;>&NewLine;After Carton&&num;8217&semi;s arrest&comma; his radio co-host Esiason told the Boston radio team of Toucher &amp&semi; Rich morning that he was &&num;8216&semi;lost and kind of bit heartbroken over the whole thing&&num;8217&semi;&period;<br &sol;>&NewLine;In a statement&comma; Carton promised that &&num;8216&semi;when this strange episode is over&comma; I&&num;8217&semi;ll be back&comma; stronger than ever&&num;8217&semi;&period;<br &sol;>&NewLine;Carton&&num;8217&semi;s sentencing is set for February 27&period;<&sol;p>&NewLine;<&sol;div>&NewLine;

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