WFAN host Craig Carton faces criminal charges
Serious
In certain cases, he and others allegedly provided these fake agreements for the express purpose of having Carton pass them along to an investor. Yet, Carton used new investor funds to repay earlier investors and other preexisting debts, including Carton’s debt to casinos, rather than to purchase tickets for resale as promised. He is accused of ripping off at least $3.6 million from two investors and pocketing an additional $2 million from one of the same two investors. While his attorney responded that the allegations are a gross misunderstanding of what happened, if these charges stick, then Carton is facing serious jail time.