NYC Radio: Barclays CEO Testifies At Craig Carton Fraud Trial

The CEO of Barclays Center in Brooklyn and a loan shark from Rockland County who financed gambling trips gave damaging testimony Wednesday at the Manhattan federal court fraud trial of former sports-talk-radio celebrity Craig Carton.

According to Newsday, Brett Yormark of Brooklyn Sports and Entertainment, which operates both Barclays Center and the Nassau Coliseum, said he never agreed to a contract for bulk ticket sales with Carton that the  ex-WFAN personality presented to a hedge fund he tried to persuade to invest in his ticket re-sale business.

Shown his signature on the purported December, 2016, deal, along with Carton’s, Yormark was asked whether he ever approved or signed. “Supposedly I did. No, I did not,” the executive responded. “…It’s a facsimile of a signature.”

Yormark testified he had signed other non-ticket agreements involving Carton, and his legal department had a signature stamp, but he never okayed the deal purporting to give Carton rights to buy $2 million in tickets for a Barbra  Streisand concert, and first was shown it by prosecutors.

Carton, 49, the longtime sidekick of former NFL star Boomer Esiason on a WFAN drive time show, is accused of misleading investors to put over $4 million into his business to buy tickets and re-sell them for profit, and then diverting the money for himself and to repay other investors.

The purported agreement with Barclays was used to convince Brigade Capital, a hedge fund, to invest with Carton. A Brigade official testified on Monday that it would never have invested in deals without a written ticket purchase agreement.