WFAN Host Craig Carton Accused of Running a Ponzi Scheme

Craig Carton of WFAN’s morning sports-radio talk show “Boomer & Carton” was arrested by the FBI Wednesday morning and is accused of running a “Ponzi-like scheme.”

Both Carton and Joseph Meli got investors to give them millions by saying the money would be used to buy tickets to concerts and then re-sold, according to release from the Securities and Exchange Commission. Carton and Meli were supposed to have connections to entertainment companies that would give them access to buy a...

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