Home / World / Strip club exec pleads guilty, implicates Craig Carton in ticket-selling scheme

Strip club exec pleads guilty, implicates Craig Carton in ticket-selling scheme

Michael Wright, a strip club executive, said in Manhattan Federal Court that he misused money in December 2016 “at Craig Carton’s instruction” that Carton had raised from a hedge fund, Brigade Capital Management, for their ticket-reselling business. Carton had told Brigade the money would go exclusively into buying tickets that would be resold for a profit, when in reality some of the money was used to pay a debt Carton owed Wright, as well as other debts Carton owed, Wright said.

Stephen Rex Brown

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