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Sports radio host Craig Carton was arrested Wednesday on fraud charges alleging he operated a Ponzi scheme and engaged in a ticket-selling scam that raised over $5 million, partly to repay millions of dollars in gambling debts. Conspiracy, securities and wire fraud charges were unsealed in Manhattan federal court against the host of WFAN's ''Boomer and Carton'' show. In a related civil case, the Securities and Exchange Commission said Carton in mid-2016 solicited investments in ticket reselling enterprises after he accrued millions of dollars' worth of gambling-related debts to casinos and other third parties.
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