NY Sports Radio Host Charged In Fake Ticket Resale Scheme

Law360, New York (September 6, 2017, 2:23 PM EDT) -- Federal prosecutors and the U.S. Securities and Exchange Commission on Wednesday accused New York sports radio host Craig Carton of misappropriating millions of dollars from investors who believed they were buying into a ticket purchase and resale venture for concerts of artists including Adele and Metallica.

The U.S. Department of Justice said Carton induced an individual investor and a hedge fund to invest in the scheme by asserting that he had access to the tickets through agreements with a sports and entertainment company and a concert promoter. But prosecutors said the agreements did not exist, and Carton and an associate —...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!