UPDATE
For 10 years I’ve had the great privilege of showing up to work every day at my dream job,” Carton said in a statement. “I have nothing but love and respect for my co-host, the show and the entire

 CBS Radio family and I’ve always tried to represent them in the best possible light.

“Unfortunately,he was arrested and charged with running a ticket sale Ponzi scheme. the unfounded legal issues currently plaguing me will only be a distraction to everyone at WFAN and the show I helped build. With that in mind, I have submitted my resignation to the station and they accepted. I am sad to see this chapter of my life close but know that it will allow me to focus on my family, my well-being and clearing my name, while giving the show the best opportunity to succeed without further disruption.”

Federal authorities arrested Carton last week, saying in papers filed in Manhattan Federal Court that he tried to raise millions of dollars in 2016 to pay gambling debts owed to casinos and others.

Authorities said Carton falsely told investors that he and others could score big profits by selling large blocks of tickets to acts including Katy Perry, Adele, Justin Bieber and Barbra Streisand.

Carton, 48, of Manhattan, remains free on $500,000 bail.

original story

Federal agents arrested WFAN sports talk radio host Craig Carton, the co-host of the popular New York morning show “Boomer & Carton,” Wednesday morning.

Carton and New York businessman Joseph Meli are accused of soliciting millions of dollars in investments for what federal prosecutors say was a fraudulent concert ticket-selling enterprise, according to a criminal complaint filed by prosecutors.

The complaint alleges that Carton claimed to have advance access to large blocks of highly sought-after concert tickets.

“Carton provided to one investor fictitious agreements for…millions of dollars’ worth of tickets to upcoming concerts by the artists Katy Perry, Justin Bieber, Roger Waters, Metallica, and Barbra Streisand,” prosecutors wrote in the complaint.

Prosecutors say Carton used the investments to cover gambling debts owed to casinos and others, and to repay earlier investors. He is accused of collecting $2 million in fraudulent investments on his own, and he and Meli as a duo are accused of collecting another $3.6 million.

Meli was charged in a separate fraudulent ticket-selling case in January. In that case he was accused of soliciting millions in investments for companies that promised to purchase and resell tickets to high-demand shows, such as Adele concerts and the Broadway musical Hamilton.

The 48-year-old “Boomer & Carton” co-host was taken into custody by the FBI at his Manhattan apartment, reports CBS New York.

Carton is in his 10th year hosting the show with former NFL quarterback Boomer Esiason. The show also frequently features as a guest host New Jersey Governor Chris Christie, who could not be reached for comment.

Esiason addressed the arrest during the show’s broadcast Wednesday morning.

“I’m taken aback and surprised by it just like I’m sure everybody else is. I have no other information, there’s nothing else I can say. I thought he called in sick this morning, but unfortunately my partner was arrested,” Esiason said.

CBS Radio, which owns WFAN, issued a statement to CBS New York.

“We are aware of the situation and are cooperating with authorities,” the station said.