Sports Radio Host Craig Carton Speaks Out After Being Charged in Ponzi Scheme: ‘It is Killing Me’


Apart from a brief statement issued shortly after his arrest, Craig Carton — a prominent New York-based sports talk host — had yet to speak out after being brought up on Federal charges in connection with a Ponzi scheme.

But now, the host is opening up for the first time since his arrest. In an interview with USA Today, Carton talked about his experiences at the center of a Federal probe.

“It is killing me,” Carton said. “I made my living speaking and being opinionated on whatever it was I was speaking about. Now I am the focus of that. I am the subject that people are talking about. It is extraordinarily frustrating. It is maddening.”

Carton has been charged with one count each of wire fraud, securities fraud, and conspiracy in connection with a ticket scam. In the alleged scheme, Carton and an alleged co-conspirator ripped off a hedge fund to the tune of nearly five million dollars by promising investors access to blocks of face value tickets for sought after events which could be resold at a premium. If convicted, the radio personality could face 45 years behind bars.

Beyond the pending criminal charges, Carton was forced to resign from his morning drive show on New York’s WFAN — which was also simulcast nationally on CBS Sports Network.

“I was employed for 10 years at my dream job. I have no income now,” Carton said. “My life is unfortunately kind of on hold. The last two months have been hell.”

There are still some people in his corner, though. Notably, Gov. Chris Christie (R-NJ) — a frequent guest co-host with Carton.

“I believe in Craig and I believe in his goodness as a person,” Christie said. “I asked him when this all broke to be honest with me and he said he has done nothing wrong and he is the victim here. Craig has never lied to me before and so if a friend of mine tells me they are being wronged and I believe them – and I do believe Craig – (then) friendship is not just for good times but for difficult times too. That’s when you need to stand up.”

Watch above, via USA Today.

[featured image via screengrab]


Follow Joe DePaolo (@joe_depaolo) on Twitter

Have a tip we should know?

Filed Under:

Joe DePaolo is a Senior Editor at Mediaite. Email him here: Follow him on Twitter: @joe_depaolo