12 Sep
(Photo: Golfdigest.com)
A popular radio show host has been arrested and charged with 4 counts of fraud after implementing a brazen Ponzi scheme that duped investors of millions of dollars, in order to pay off a slew of gambling debts, according to NJ.com news.
WFAN radio personality Craig Carton was one of three men charged, authorities claiming he orchestrated the scheme to cover gambling losses, a Ponzi scheme designed to fleece investors out of millions ultimately to be spent on payments to casinos and to pay off other personal debt,” FBI Special Agent Sean Sweeney said.
Carton has been suspended from hosting his Boomer and Carton show, the day after his arrest seeing co-host Boomer Esiason explain to listeners:
I am aware n…
Read the full article at: https://www.pokertube.com/article/us-radio-host-craig-carton-used-ponzi-scheme-to-pay-off-massive-gambling-debts