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Craig carton arrested by FBI

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2 hours ago, prime21 said:

I actually am one of the few that enjoy him and Boomer's show.  What a dam shame.  Father of 4 and will be eventually locked up for a long time.  

I like to gamble as much as the next guy but I have a hard time understanding how a guy making 250k runs up 5.4 million in gambling debts.  And none of his co-workers or bosses had an inkling of what was going on?

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2 hours ago, johnnyjet said:

Ok now regardless of if ya like the guy or not here's the big question, who replaces him with Boomer in the morning if his career is kaput.  Sid Rosenberg? They're practically the same guy. 

Hope it's not Malusus?sp

He's been on the last week and is a snoozer

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1 hour ago, Kleckineau said:

4 kids how can he look in the mirror.

He may not do time. A famous shrink will describe his gambling addiction as a serious illness and a high powered attorney like Brafman or Lefcourt will make cut a deal with the DA pointing out how he cant pay anyone back while incarcerated.

No DA involved.  Federal prosecutions are in a different category.  And there are MANDATORY sentencing guidelines.

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6 minutes ago, Bruce Harper said:

I like to gamble as much as the next guy but I have a hard time understanding how a guy making 250k runs up 5.4 million in gambling debts.  And none of his co-workers or bosses had an inkling of what was going on?

Agree

How do casinos allow a guy who makes $250,000 get millions in debt? 

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The feds may very well be looking for some info on the "unidentified individual" for big time racketeering charges.  "Lets make a Deal, is it door #1, or 10 years?" 

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6 minutes ago, flgreen said:

The feds may very well be looking for some info on the "unidentified individual" for big time racketeering charges.  "Lets make a Deal, is it door #1, or 10 years?" 

Take door #1, and if the person you ratted on was that important, you might not see 10 days .

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23 minutes ago, Bruce Harper said:

I like to gamble as much as the next guy but I have a hard time understanding how a guy making 250k runs up 5.4 million in gambling debts.  And none of his co-workers or bosses had an inkling of what was going on?

I would guess this is pretty common. Gambling addicts can run up huge debts, especially when they are famous and casnios etc.. will extend them greater lines of credit based solely on their rep. As for co-workers not knowing, that isn't too shocking either. Unless Carton tells them about it, how would  they know how he does at a random blackjack table or with a local bookie? 

The funniest part is that Carton always gives out "lock" bets and acts like an expert on sports gambling, meanwhile, he clearly isn't any more knowledgeable than the average idiot on the street. We may have seen the last of Carton on WFAN. 

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1 hour ago, Super Bowl before I die said:

Real nice to kick a guy when he's down.

TIL that there are Jets fans that look back at the highly ineffective & chock full O' losses Boomer Esiason era with fondness to the point that if you tell the truth about it they'll actually give you neg rep... Interesting.

As for the quoted, dude are you serious? The only people who are "down" from this situation are the scammed victims, not the dirt bag who was scamming them. IF he did it, then hopefully he's kicked further below his victims. Regardless this gets him off the air where his passé & forced shock jock act contribute nothing. I don't know anyone personally who has a problem with that.

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12 minutes ago, Tinstar said:

Take door #1, and if the person you ratted on was that important, you might not see 10 days .

Find yaself on that snitch repayment plan a la Signore Bonpensiero or Jimmy Altieri.

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1 hour ago, Sperm Edwards said:

Uh, I'm pretty sure the whole threatening of someone with violence/death thing is a factor in the former. You don't get 10 years for making your finger look like a fake gun in your pocket.

If it makes you feel any better, which it should, I'm sure his career is ruined, on top of surely having to pay the money back - plus possibly damages on top of that - and further pay some decent coin for his expensive lawyers. This isn't like getting caught scalping tickets outside the stadium either. The FBI arrested him -- he's f***ed. Hopefully. 

of course there are differences - but i believe you can see that white collar crime isn't procecuted as hard.  probably due to good lawyers.  

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39 minutes ago, Bruce Harper said:

I like to gamble as much as the next guy but I have a hard time understanding how a guy making 250k runs up 5.4 million in gambling debts.  And none of his co-workers or bosses had an inkling of what was going on?

guy was giving out gambling advice on his show and millions of dollars in debt due to bad gambling.... feel bad for folks that followed his advice!

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3 minutes ago, batman10023 said:

guy was giving out gambling advice on his show and millions of dollars in debt due to bad gambling.... feel bad for folks that followed his advice!

sheneman-sport-bookjpg-c9a710f48fda4375.

 

:rolleyes:

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21 minutes ago, batman10023 said:

of course there are differences - but i believe you can see that white collar crime isn't procecuted as hard.  probably due to good lawyers.  

Or because violent crimes and those involving deadly weapons are considered more serious than a proportional level of fraud. Just like the seriousness and fallout/result of the stickup are considered, the dollar amounts involved are factored in (as they should be). Running a little pyramid scheme to freshmen on campus, where dopes buy $10 boxes or something, isn't as serious as this; just as this Ponzi scheme isn't as serious as the one by Madoff, whose 150 year sentence was a lot more than a sentence one gets for knocking over a 7-11. 

Also his combined max is a whole lot more than 5 years, though it's common to have them running concurrently since people can't live for an infinite number of years to carry out the sentences non-concurrently, so in a sense - and it happens with violent serial criminals as well - some of the crimes just end up being freebies:

Quote

 

CARTON, 48, of New York, New York, and WRIGHT, 41, of Upper Saddle River, New Jersey, are each charged with one count of conspiracy to commit securities fraud and wire fraud, one count of wire fraud, and one count of securities fraud. The conspiracy count carries a maximum sentence of five years in prison and a maximum fine of $250,000, or twice the gross gain or loss from the offense. The securities fraud count carries a maximum sentence of 20 years in prison and a maximum fine of $5 million, or twice the gross gain or loss from the offense. The wire fraud count carries a maximum sentence of 20 years in prison and a maximum fine of $250,000 or twice the gross gain or loss from the offense. The maximum potential sentences in this case are prescribed by Congress and are provided here for informational purposes only, as any sentencing of the defendants will be determined by the judge.

 

The answer is don't be a criminal. 

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55 minutes ago, Bruce Harper said:

I like to gamble as much as the next guy but I have a hard time understanding how a guy making 250k runs up 5.4 million in gambling debts.  And none of his co-workers or bosses had an inkling of what was going on?

$250k for a highly rated drive time morning show on WFAN/NYC seems awful low. 

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I was always surprised how popular their show was. I found Carton to be unlistenable. I don't like the shock jock style of his.  I had no problem with Boomer. I did see Carton once at Jets training camp at Hofstra right after Brett Favre was signed. He went there to do a remote. He was a nice guy and personable with the fans. Looks like he's in big time trouble. 

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37 minutes ago, JoJoTownsell1 said:

I would guess this is pretty common. Gambling addicts can run up huge debts, especially when they are famous and casnios etc.. will extend them greater lines of credit based solely on their rep. As for co-workers not knowing, that isn't too shocking either. Unless Carton tells them about it, how would  they know how he does at a random blackjack table or with a local bookie? 

The funniest part is that Carton always gives out "lock" bets and acts like an expert on sports gambling, meanwhile, he clearly isn't any more knowledgeable than the average idiot on the street. We may have seen the last of Carton on WFAN. 

I'd say that's safe to say.

Barclays still has the Boomer & Carton Kitchen (although I'd guess not for long). 

I can't see Boomer wanting his name attached to anything to do w/Carton again

JMO I don't think anyone on the show directly knew about this but I don't think any are surprised something like this could happen with him. Maybe not to this degree but you could tell he had demons.  

Hate to bring it up but what about his charity he setup. Have to hope he hasn't tapped into that. 

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5 minutes ago, C Mart said:

$250k for a highly rated drive time morning show on WFAN/NYC seems awful low. 

That was my first thought as well. But ultimately, far more than fame or audience size, it comes down to how much advertisers are willing to pay to air during his show. If the station can sell a commercial spot for crazy money (above what the station would get in his absence), then the show's hosts command crazy money. 

The answer is I guess the show doesn't drive that crazy kind of revenue, or anyway not enough that the station is worried about advertisers dramatically pulling spending with some other host in his place. 

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1 minute ago, Sperm Edwards said:

That was my first thought as well. But ultimately, far more than fame or audience size, it comes down to how much advertisers are willing to pay to air during his show. If the station can sell a commercial spot for crazy money (above what the station would get in his absence), then the show's hosts command crazy money. 

The answer is I guess the show doesn't drive that crazy kind of revenue, or anyway not enough that the station is worried about advertisers dramatically pulling spending with some other host in his place. 

With the internet, podcasts, music and radio on phone apps and Sirius, traditional radio might not be all that lucrative any more. There is free content everywhere. Which, along with a serious gambling problem, led this guy to crazy schemes like this. Would bet (irony!)  the next shoe to drop is his charity is a scam. 

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I think they were genuinely good friends so Boomer must have known, right?  I wonder if he ever lent Carton money to repay a debt. Those feds are thorough so Boomer better hope his name isn't uncovered somewhere in this dumpster fire. 

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31 minutes ago, C Mart said:

$250k for a highly rated drive time morning show on WFAN/NYC seems awful low. 

Unless your Rush, there isn't much money in talk radio.  Print media either.

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12 minutes ago, Bugg said:

With the internet, podcasts, music and radio on phone apps and Sirius, traditional radio might not be all that lucrative any more. There is free content everywhere. Which, along with a serious gambling problem, led this guy to crazy schemes like this. Would bet (irony!)  the next shoe to drop is his charity is a scam. 

Like I was saying, just because he's that famous doesn't mean the station takes in crazy money anymore (or that much more than they'd get with some other outrageous loudmouth in his place). 

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9 minutes ago, Sperm Edwards said:

Like I was saying, just because he's that famous doesn't mean the station takes in crazy money anymore (or that much more than they'd get with some other outrageous loudmouth in his place). 

I have a hard time believing Boomer is waking up every morning at 4:00am for $250k a year especially with all his other jobs.

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18 minutes ago, ChuckkieB said:

I think they were genuinely good friends so Boomer must have known, right?  I wonder if he ever lent Carton money to repay a debt. Those feds are thorough so Boomer better hope his name isn't uncovered somewhere in this dumpster fire. 

How well do you know the people you work with, really? Are they really friends, or is that a business arrangement? Doesn't mean they hate each other but it's work.  As a retired NFL QB, Esiason is probably very used to crazy schemes coming his way often and that means saying no all the time. Can say I saw Esiason's foundation for his son's disease up close this past June and it appeared to be very well run. 

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