On Tuesday, the federal fraud trial began for former WFAN morning host Craig Carton.
According to prosecutors, Carton used his fame and connections to acquire investments for a ticket resale business, which he instead used to pay personal debts. “People liked him, people trusted him and he lied to those people. That’s fraud and it’s a serious crime,” said Assistant U.S. Attorney Brendan Quigley.
Carton was arrested on September 6th, 2017 on charges of fraud amid accusations of running a $5.6 million Ponzi scheme.
“He took their money and used it not on tickets but to pay casinos, to pay back other people who had invested, even on landscapers,” said Quigley in his opening statement, also adding “Carton used the money like his own personal piggy bank.”
Carton’s defense attorneys presented the jury with the argument, the popular radio host was not a con-man himself, but a victim of his alleged co-conspirator Joseph Meli. “He thought Mr. Meli was legitimate, and you’ll learn that Mr. Carton was played,” defense lawyer Robert Gottlieb said. “He had no reason to suspect that Meli was the con man, the huckster that Mr. Meli turned out to be.”
Gottlieb recognizes that investors were indeed cheated and deceived, but Carton himself had intended to fulfill his promises as he was unaware Meli was a con-man. Earlier this year, Meli pleaded guilty to a separate $100 million ticket-related Ponzi scheme, for which he is now serving 6.5 years in prison.
Carton himself faces jail-time, something he wrote about in his 2013 book, Loudmouth: Tales (and Fantasies) of Sports, Sex, and Salvation. “My single fear is being locked up in jail. It’s irrational, but I think about it often.” An irrational fear that Carton could see the reality of, if he, along with his defense team are unable to prove innocence.
For those that would like to follow the case, which is expected to last between two and three weeks, Newsday’s John Riley was on-site, providing updates of the trial via Twitter.
Brandon Contes is a freelance writer for BSM. He can be found on Twitter @BrandonContes. To reach him by email click here.