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NFT: Carton possibly duped Barclays Center into wiring him $2M

Bobby Humphrey's Earpad : 9/12/2017 8:54 am
Quote:
Officials with Brooklyn Sports and Entertainment are cooperating with federal authorities in their Ponzi scheme investigation of WFAN sports broadcaster Craig Carton after learning that building officials unknowingly assisted Carton in the theft of $2 million from a leading hedge fund, Billboard has learned.


Looks like the Carton story is going to have some legs to it. This is why I felt Carton was "suspended" and not terminated - CBS needs to find out what damage he did using the show and sponsors. WFAN broadcasts the Nets, so they have to be going nuts. Brandon Marshall also insinuated on Twitter that he was approached to "invest".

SEC Scrutinizes $2 Million Wire Transfer Between WFAN's Craig Carton, Hedge Fund and Barclays Center - ( New Window )
Wow.  
Beezer : 9/12/2017 8:55 am : link
.
He's going away for a LONG time  
Canton : 9/12/2017 8:58 am : link
.
Wow  
UConn4523 : 9/12/2017 8:58 am : link
I wonder how deep this rabbit hole goes.
Better kiss the kids goodbye  
averagejoe : 9/12/2017 9:00 am : link
daddy will be going away soon.

What a selfish jackass.
wonder if his cellmates  
well...bye TC : 9/12/2017 9:10 am : link
will like when he does the old man routine
Incarcerated Craig  
NewFakeDannyHeep : 9/12/2017 9:19 am : link
is going to get a lot of airtime
Carton  
TyreeHelmet : 9/12/2017 9:27 am : link
Guy had a true dream job. Work around 5 hours a day talking sports and probably made north of 1 mill a year ( that Daily News article was bullshit). Flushed it all down the toilet. He showed his true character with how he acted and treated people on the radio. These charges just back that up. He deserves to do hard time.
It's a shame he treated  
Metnut : 9/12/2017 9:32 am : link
so many people like crap on the way up. Lots of people enjoying seeing him on the way down now.
RE: It's a shame he treated  
mfsd : 9/12/2017 9:38 am : link
In comment 13595446 Metnut said:
Quote:
so many people like crap on the way up. Lots of people enjoying seeing him on the way down now.


Bingo.
RE: Carton  
Section331 : 9/12/2017 9:50 am : link
In comment 13595432 TyreeHelmet said:
Quote:
Guy had a true dream job. Work around 5 hours a day talking sports and probably made north of 1 mill a year ( that Daily News article was bullshit). Flushed it all down the toilet. He showed his true character with how he acted and treated people on the radio. These charges just back that up. He deserves to do hard time.


Agreed, but there is no way he made close to a mill for his FAN gig. Maybe with appearance fees, he could bump that number up, but I doubt he made more than half a mill, if that.

Francessa made $800k, and he did his show alone. Boomer and Carton combined make close to that, maybe slightly more, but you can bet Boomer makes more.
And, of course, (as per link above) his attorney says:  
NBGblue : 9/12/2017 10:02 am : link
"Craig is a victim who was deceived, manipulated and used by individuals seeking to gather assets for their own fraudulent schemes.

Right. He steals millions of dollars, uses the money to pay his gambling debts, but somehow he's the victim.
I thought it was reported mike got  
bhill410 : 9/12/2017 10:04 am : link
4 million under last deal?
RE: I thought it was reported mike got  
Section331 : 9/12/2017 10:11 am : link
In comment 13595497 bhill410 said:
Quote:
4 million under last deal?


You may be correct, the number I had seen was $800k per, but a number of news outlets are reporting it closer to $4 mill per. That is quite a difference.

That said, radio revenues are much lower than when Francesa signed his last deal, but if his $4 mill number is accurate, $1 mill for Carton isn't unreasonable.
Carton makes money with sponsors  
UConn4523 : 9/12/2017 10:16 am : link
and also probably gets a cut of any appearances to go along with his regular salary. The guy is a millionaire (excluding his debts) and he pissed it away.
Francessa...  
Chris in Philly : 9/12/2017 10:20 am : link
makes $5M. Carton easily made $1M/year.
RE: RE: Carton  
TyreeHelmet : 9/12/2017 10:24 am : link
In comment 13595476 Section331 said:
Quote:
In comment 13595432 TyreeHelmet said:


Quote:


Guy had a true dream job. Work around 5 hours a day talking sports and probably made north of 1 mill a year ( that Daily News article was bullshit). Flushed it all down the toilet. He showed his true character with how he acted and treated people on the radio. These charges just back that up. He deserves to do hard time.



Agreed, but there is no way he made close to a mill for his FAN gig. Maybe with appearance fees, he could bump that number up, but I doubt he made more than half a mill, if that.

Francessa made $800k, and he did his show alone. Boomer and Carton combined make close to that, maybe slightly more, but you can bet Boomer makes more.


You really think Francesa makes 800K a year? Mike was making close to 2 million 15 years ago. It's been reported Mike now gets 4 or 5 mill a year but I would bet strongly he makes more then that.
Don't know what he was making but  
Dr. D : 9/12/2017 11:02 am : link
His salary from wfan was only a portion. Every time these guys plug a product that's on top of salary. I don't know what he plugged (though he might want a butt plug soon), i couldn't stand listening to him but e.g. Beningo w the Anthony's pizza and the car dealer, etc. That money might be as much as their salaries.
Ponzi  
Dr. D : 9/12/2017 11:04 am : link
He must've thought the ponzi scheme worked out so well for Madoff, he wanted to try it.
Just goes to show you how bad Carton's NFL picks and  
PatersonPlank : 9/12/2017 11:04 am : link
knowledge are. Yet he is an "analyst". Moron.
All this to repay gambling debts  
BillT : 9/12/2017 11:05 am : link
And you have to wonder just who he owed those debts to that made him willing to try and pull this stunt off. I guess some hard time is better than ending up in a landfill, huh?
Somebody mentioned this on BBI when first reported.  
Boy Cord : 9/12/2017 11:44 am : link
What the hell was his end game? There aren't too many ways this could go from the outset, and none are positive.

You either get caught, do hard time, and lose everything or you die. Carton is relatively young, so he realistically was only looking at what was behind door #1.

In his mind, maybe he thought he could make some big (legal) scores on the side and pay everyone off without any of this coming to light.
.  
moespree : 9/12/2017 11:54 am : link
Is he really going to go with the I've been deceived too defense? I didn't know it was wrong because I'm just dumb and shouldn't have listened to people smarter than me? Good luck with that. I think the guy is 48. He'll be very lucky if he's not in prison on his 70th birthday.
RE: Don't know what he was making but  
Bobby Humphrey's Earpad : 9/12/2017 12:39 pm : link
In comment 13595673 Dr. D said:
Quote:
His salary from wfan was only a portion. Every time these guys plug a product that's on top of salary. I don't know what he plugged (though he might want a butt plug soon), i couldn't stand listening to him but e.g. Beningo w the Anthony's pizza and the car dealer, etc. That money might be as much as their salaries.


Beningo will legit do anything for a dollar - he has like double the live reads than anyone at the station and milks them all. Admitted on-air he knows little about the sponsors - just get dem checks.
I thought  
mitch300 : 9/12/2017 12:59 pm : link
The sponsors these guys mentioned on air was for the station. Am I wrong?
He's innocent! ... Just put out this statement:  
Bchurch : 9/12/2017 1:32 pm : link
Quote:
I want to thank my family, friends and fans and especially Boomer for the outpouring of public and private support Ive received over the past few days.

As you can imagine, its been incredibly hard to be silent while there is an endless stream of vitriol being hurled my way, but Im confident that when the facts come out, youll see that I am not guilty of these charges.

My fight has only just begun and I know when this strange episode is over, Ill be back, stronger than ever.

Thank you for all the kind words and good wishes as I continue on with one of the greatest battles of my life.
Most people don't make big big money in broadcasting  
djm : 9/12/2017 2:33 pm : link
Francesca , Stern and some others do but they are the exception. I wouldn't be shocked in the least if carton made 250K. Again, that's good money. He surely made (legal) money in other ventures but his base of 250 at Wfan is probably pretty close to accurate. Just because they are number one with a certain demographic doesn't mean carton got million plus.
Just did a good search  
djm : 9/12/2017 2:45 pm : link
FWIW Roberts makes 500K and Beningo makes 250. Who knows....
RE: He's innocent! ... Just put out this statement:  
Bobby Humphrey's Earpad : 9/12/2017 2:57 pm : link
In comment 13596002 Bchurch said:
Quote:


Quote:


I want to thank my family, friends and fans and especially Boomer for the outpouring of public and private support I�ve received over the past few days.

As you can imagine, it�s been incredibly hard to be silent while there is an endless stream of vitriol being hurled my way, but I�m confident that when the facts come out, you�ll see that I am not guilty of these charges.

My fight has only just begun and I know when this strange episode is over, I�ll be back, stronger than ever.

Thank you for all the kind words and good wishes as I continue on with one of the greatest battles of my life.



Endless stream of vitriol is ironic, considering what he's done to people over his career.
And then, once he's exonerated  
jcn56 : 9/12/2017 3:00 pm : link
It's off to join OJ to find the real killers.
RE: And then, once he's exonerated  
Section331 : 9/12/2017 3:26 pm : link
In comment 13596160 jcn56 said:
Quote:
It's off to join OJ to find the real killers.


Carton will be off to find the real Ponzi schemers, but at least in his case, most of them could be found on a golf course.
RE: Just did a good search  
DennyInDenville : 9/12/2017 3:28 pm : link
In comment 13596128 djm said:
Quote:
FWIW Roberts makes 500K and Beningo makes 250. Who knows....

Damn Roberts gets 500k? Wow good for him
RE: Just did a good search  
TyreeHelmet : 9/12/2017 6:57 pm : link
In comment 13596128 djm said:
Quote:
FWIW Roberts makes 500K and Beningo makes 250. Who knows....


Roberts really makes twice as much as Joe?
RE: Somebody mentioned this on BBI when first reported.  
Mike from SI : 9/12/2017 7:35 pm : link
In comment 13595745 Boy Cord said:
Quote:
What the hell was his end game? There aren't too many ways this could go from the outset, and none are positive.

You either get caught, do hard time, and lose everything or you die. Carton is relatively young, so he realistically was only looking at what was behind door #1.

When you owe hefty sums of money to the wrong people, a long jail sentence probably looks better than the consequences to you and possibly your family.

In his mind, maybe he thought he could make some big (legal) scores on the side and pay everyone off without any of this coming to light.
The Barclays Center is trash  
Hereditaryemperor : 9/12/2017 10:09 pm : link
.
RE: The Barclays Center is trash  
DennyInDenville : 9/12/2017 10:11 pm : link
In comment 13596658 Hereditaryemperor said:
Quote:
.

I have to agree with 100%.

The seating in the upper decks is extremely extremely almost absurdly confined even for 4th graders let alone adults..

Shit was horrible.

Lines for food ridiculously extra bad as well

Msg > Prudential > Barclays
Bigger deal is that Boomer & Carton had a food stand at Barclays  
Bobby Humphrey's Earpad : 9/12/2017 10:48 pm : link
So Carton involved a business partner and CBS Radio partner in his activities.
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