..

Radio Host Pleads Not Guilty to Fraud: Needed to Pay Off Gambling Debts

Written by:
Guest
Published on:
Nov/09/2017

NEW YORK (AP) — A radio host who teamed up for years with former NFL quarterback Boomer Esiason on a New York City sports show said Wednesday that he was shocked by his arrest and will prove his innocence.

Craig Carton, 48, spoke outside Manhattan federal court after pleading not guilty to fraud charges in an indictment returned last week. He told reporters he entered the plea because he was “unequivocally not guilty.”

The longtime co-host of WFAN’s “Boomer and Carton” show was arrested in September on charges that he misappropriated at least $5.6 million from two investors in a ticket reselling business designed to raise millions of dollars so he could pay off gambling debts. Free on $500,000 bond, he quit his job shortly after the arrest.

“I was shocked when I was arrested and even more surprised that the government was accusing me of running a complete sham as they put it,” Carton said with his lawyer at his side.

He said prosecutors were wrong to say that a concert ticket reselling business was a scam. He said the business was licensed by the state of New York and that he bought and sold thousands of tickets and had deals in place to buy and sell many more tickets.

Carton also said the government told his lawyers about 10 days ago that he had a legitimate ticket selling business and that he’d been selling tickets for a long time.

“Unfortunately, the damage caused by the government’s false accusations cannot be undone,” he said. “I firmly believe that law enforcement and our courts are committed to seeking out the truth and ensuring that the truth sees the light of day. I fully intend to see this all the way to a not guilty verdict from a jury of my peers.”

A spokesman for the government declined to comment on Carton’s remarks.

Gambling News

UFC and DraftKings Reach Groundbreaking Deal

UFC and DraftKings Reach Groundbreaking Deal

DraftKings (Nasdaq: DKNG) and UFC®, the world’s premier mixed martial arts organization, today announced a groundbreaking agreement that marks one of the most significant partnerships in UFC history.

Bally’s Corporation Becomes An Authorized Sports Betting Operator Of The NBA

Bally’s Corporation Becomes An Authorized Sports Betting Operator Of The NBA

Bally’s Corporation (NYSE: BALY), a leading U.S. provider of land-based gaming and interactive entertainment, today announced the formation of a multiyear strategic partnership designating Bally’s as an Authorized Sports Betting Operator of the National Basketball Association (NBA). This deal represents Bally’s second sports betting partnership with a professional sports league, following its previously announced official sports betting partnership with the National Hockey League.

Sports Betting Debate Heats Up in Maryland Legislature

Sports Betting Debate Heats Up in Maryland Legislature

Maryland legislators have begun to discuss regulation of the state’s newly approved legalized sports betting market, which includes mobile wagering.  

Arizona House OKs Gambling Bill Amid Transparency Questions

Arizona House OKs Gambling Bill Amid Transparency Questions

Some Democrats in the Arizona House on Thursday raised transparency and fairness questions about a major expansion of gambling Republican Gov. Doug Ducey needs as part of his thus-far secret deal with Native American tribes to update their gambling compact.

Floods Threaten Indiana Casino

Floods Threaten Indiana Casino

Caesars Southern Indiana is closing until further notice due to rising river levels.

Syndicate