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Message: [QUOTE="Chuck, post: 2322247, member: 1646"] Certainly a sad story considering that Carton has a family and probably a gambling addiction. I know multiple people in the entertainment industry that have dealt with Carton. He was supposedly talented, but just as big of a blowhard in real life as radio. After reading part of the complaint, here is what stood out to me: [LIST] [*]What a crappy job of due diligence by the hedge fund and a similarly crappy job by the venue company that allowed Carton to divert the hedge fund's money to his own company. Both should be on the hook for being hoodwinked with pretty weak frauds by Carton. [*]While I don't wish for bad on people (again, especially since Carton has a family), Carton allegedly did bad things. If the accusations are true (and it's hard to imagine they aren't considering the evidence), he is a common thief. This isn't someone that just got in over his head. He may've tried to purchase the tickets after converting the money to his own benefit, but he knew he was stealing. [*]This is just a follow-up on a fraud that the SEC started prosecuting against Joseph Meli in January. Apparently, "Hamilton" was the main attraction that brought hedge fund money in. Carton HAD to have known his days were numbered when Meli got collared. Also surprising that his WFAN colleagues wouldn't have known he was involved with Meli. This can't be a surprise around WFAN. [*]Regardless of the fraud, Carton still got hundreds of thousands of dollars worth of Metallica and Streisand tickets at face value directly from the venue, which he clearly intended to scalp. This is what pisses off the artists and their fans. Fans never have a chance to get good tickets at face value because of these side deals. Funny that Carton lost money on the Streisand tickets though. [*]Also crazy that Carton was able to put nearly $1mm on his credit cards to buy the concert tickets that he did secure. I doubt he paid off those bills! [/LIST] [/QUOTE]

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