Billboard reports that Brooklyn Sports & Entertainment, Mikhail Prokhorov’s holding company, is cooperating with federal law enforcement in their probe of Craig Carton, the now disgraced WFAN radio host.
Billboard reports...
Officials with Brooklyn Sports and Entertainment are cooperating with federal authorities in their Ponzi scheme investigation of WFAN sports broadcaster Craig Carton after learning that building officials unknowingly assisted Carton in the theft of $2 million from a leading hedge fund, Billboard has learned.
Billboard notes that a Securities and Exchange Commission, which led the probe that resulted in Carton’s arrest and indictment last week, hinted at the alleged scam in court papers.