Former WFAN radio host Craig Carton has been convicted on felony fraud charges.

A Manhattan federal jury handed down the verdict after deliberating for five hours.

Carton and co-defendant Michael Wright had been charged with wire fraud, securities fraud, and conspiracy to commit wire fraud and securities fraud.

The former WFAN host was accused of fleecing millions of dollars from sports and entertainment promotion companies by buying large blocks of concert tickets and selling them on the secondary market.

Prosecutors say Carton used investor money to pay off gambling debts and other personal expenses.

He spoke briefly to reporters about the trial. 

"All I'll say is that I'm obviously disappointed with the verdict. I respect it, but I'm disappointed with with it. I need to let it sink in now," he said. "I'm going to go home. Hug my kids. And let me lawyers handle the rest of it.

Carton hosted WFAN's morning show with former Jets quarterback Boomer Esiasion from 2007 through last year, when he resigned a week after he was arrested.