Inside The Mind Of A Financial Criminal : Planet Money The family behind Crazy Eddie, the electronics store, ran a massive fraud for years. He died in 2016 at the age of 68. 18, 1947, the grandson of Syrian Jewish immigrants. C. Eddie Antar was 68. He and members of his family were too busy engineering a $120 million rip-off. “Crazy Eddie” was Eddie Antar, the grandson of Syrian immigrants, who started a modest stereo shop in Brooklyn and parlayed it into a retail empire grossing $350 million annually. A relative of infamous electronics dealer “Crazy” Eddie Antar is suing JetBlue airlines for cruelly kicking her off a flight because of her service dog, according to a Brooklyn federal lawsuit. 2 million. Eddie Antar was 68. ET Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, a new book reveals. "A. The. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. Few things evoke the New York of a particular era the way "Crazy Eddie! His prices are insaaaaane!" does. The year before, relatives of Antar tried to revive the Crazy Eddie name with a new store opening in Wayne, but it closed the next year. Benjamin Kuszer, 48, of Brooklyn, New York, is Eddie's brother- in-law. Eddie Antar is alleged to have made $75 million during the short public life of Crazy Eddie. Sam A. Eddie Antar was sentenced last month to. Essay, Pages 8 (1852 words) Views. Entrepreneur Eddie Antar grew his chain of discount stores in the New York of the 1970s with unforgettably loud TV commercials, a reputation for low prices and a compelling story about an underdog family of Syrian Jews. The notoriety of this case has continued into the 21st century. Eddie Antar, Retailer and Felon Who Created Crazy Eddie, Dies at 68. New Yorkers know the company — which imploded when. J. Antar owned 1/3 of Sights and Sounds. 3 million common shares outstanding. Updated Sep. Crazy Eddie was an electronics store that specialized in low prices and a party. Eddie, Ronnie, and Sam M. "I remember Marvin buying Eddie a dog, or maybe Eddie bought one for Marvin," Mr. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. His death was confirmed by the Bloomfield-Cooper Jewish Chapels in Ocean Township, N. sentenced Eddie Antar, formerly the Chairman and Chief Executive Officer of Crazy Eddie, Inc. Antar's. -- Eddie Antar, founder of the Crazy Eddie discount electronics store chain, his two brothers and a cousin were indicted Monday on charges of cooking the company's books and making a. Eddie Antar, his father Sam M. Antar allegedly used about $974,000 in… The nephew of “Crazy Eddie,” the New York retail legend who later went to prison on fraud charges, has himself been charged with allegedly committing. ) Sam E. United States of America v. Antar was sentenced to 21 months in federal prison in 2013 for taking $225,000 in a fraudulent investment scheme and spending the money in part on gambling, and he pled guilty in 2019 to second-degree theft by deception in another investment scheme. Eddie failed to build. Eddie Antar, in 94-5230, 53 F. (Eddie spent several years in prison. Antar, Vol. he helped us get a nice corolla for my daughter with no pressure and did his best to get us top dollar for an older trade, very much appreciated ! Thank you. Crazy Eddie dominated the New York airwaves from the mid-seventies until bankruptcy in 1989. J. On September 10, 2016, he died at the age of 68, reportedly having been battling liver cancer. 3d 568, 3rd Cir. She is also a mother. When the Crazy Eddie electronics store chain collapsed in 1987, its founder, Eddie Antar, and three other principals -- all family members -- were accused of swindling millions in investors' money in one of the largest stock fraud cases ever brought by the Securities and Exchange Commission. The New York Times Archives. The family business grew into a chain with. Used 2021 Chevrolet Traverse LT Cloth SUV Summit White for sale - only $31,491. It’s about family, business, ambition, money, and betrayal. Crazy Eddie may have died rich. C. Director Jon Turteltaub, who we all know from Cool Runnings, While You Were Sleeping, National Treasure, and The Meg, has been hired to take on the task of directing the movie Insane, about the real life story of “Crazy” Eddie Antar, the Electronics King. Find a Grave Memorial ID: 169825229. Eddie Antar started young. Eddie Antar (Antar), Charles C. Antar sold the bulk of his Crazy Eddie stock - 1. to electronics chain called "Crazy Eddie", that supposed to be great & epic, But Unfortunately, Eddie goes end up having terrible problems. The repatriation order again came up during the trial when Eddie's daughter died and his attorney requested the court to allow him to sit. Eddie Antar, the founder of the Crazy Eddie chain of electronics stores, was sentenced to a total of eight years in prison and fined $250,000 today for falsifying the chain's books and fleeing the. United States of America v. Antar said. After Eddie fled the country, Sammy offered to testify for Federal prosecutors in exchange for immunity. Antar is the former businessman who cooked the books at Crazy Eddie. chain of consumer electronics stores began as a small operation in the 1970 s and in a fairly short time grew into a major New York area consumer retail chain with stores in four states and with reported annual sales totalling over $300 million. Antar was the primary person that told me. CASE 1. Electronics kingpin "Crazy Eddie," left, died Saturday at the age of 68. However, I heard it from time to time form the various other individuals like Ben Kuszer, Mitchell Antar and Eddie Antar, and also in the previous year I heard it from those various individuals also. He stayed out of jail by turning on several others, including his cousin, Eddie Antar, who was Crazy Eddie’s co-founder. Antar died in Ocean Township, New Jersey, home on Saturday. He previously broke the news of Eddie Antar's death in 2016 and later authored a first-person memoir of his experience there. Eddie was a millionaire, with roughly 53 million dollars in. All groups and messages. See the article in its original context from July 15, 1993, Section D. Around 1972, WCBS-FM account representative Norm Golden talked Eddie Antar into buying radio advertising for $5 a spot. Antar's minor nephews and nieces but does not include 300,000 shares held by Deborah Antar, former wife of Eddie Antar, as custodian for Mr. JINDERIS, Syria (AP) — A baby girl who was born under the rubble of her family’s earthquake-shattered home has left the hospital and gone to her new home, where she was with her paternal aunt’s family Monday. . He was 68. This particular great American scam is told in painstaking detail by Gary Weiss in “Retail Gangster: The INSANE, Real-Life. Antar, who is now 44 years old, was apparently laying the groundwork for a new life. Greg Berlanti, Sarah Schechter, Peter Steinfeld. His cousin Eddie Antar, the company’s CEO, fled to Israel in 1990. The funeral home said it had no details on. 22-Nov-1963. Sam E. 5 million in cash in a false ceiling at Antar's father's house, according to The Hustle. Eddie Antar, whose Crazy Eddie retail chain was once as much a part of the New York landscape as pizza slices and the ubiquitous yellow cab, has died. A sketch showing the. Its name was Crazy Eddie. Mr. Eddie Antar now owned 2/3 of Sights and Sounds and his father Sam M. Eddie Antar, center, founder of the Crazy Eddie electronics store chain, is led in handcuffs after being extradited from Israel. sent his daughter Ellen Kuszer and daughter-in-law Robin Antar (Mitchell Antar’s wife) to accompany Debbie # 1 to Manhattan and catch Eddie in the act of partying with his mistress. Antar. By the time he was 21, Eddie had already developed a reputation in the retail industry for saying anything to make a sale; some considered him an early master of the “bait and switch” technique. The marriage ended in divorce. Crazy Eddie became a known symbol for corporate fraud in its. By Peter Carbonara Sam Antar testified against his cousin, Crazy. He served as Chief Financial Officer of Crazy Eddie, the electronics retailer that became one of the symbols of white-collar crime in the 1980s. For more than 13 years, Jerry Carroll, a radio DJ, was the man who starred in thousands of Crazy Eddie radio and TV ads. Sam A. Palmieri not only ousted Mr. “Crazy” Eddie Antar, dubbed the “Darth Vader of Capitalism” by the then. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud TV commercials. The rise and well-deserved fall of Eddie Antar is told in veteran financial journalist Gary Weiss’s Retail Gangster: The Insane Real-Life Story of Crazy Eddie, a rollicking chronicle of malignity, criminality, and family intrigue. I am glad we were able to make our Truck purchase from Eddie Antar. The Crazy Eddie name is not forgotten, let’s hope they re-open some of those magical stores someday! Our friend Dean lived in the New York area for a while and was a loyal Crazy Eddie customer. He built “Crazy Eddie’s” into a publicly traded $300 million company with many franchise locations. S. 1051. Eddie Antar was born on 18 December 1947, in Brooklyn, New York City, New York, United States as the son of Sam Antar. Antar’s views on white-collar crime are frequently quoted in the media, and he has appeared on a variety of television and radio shows, including Fox News, CNBC and National Public Radio. Eddie Antar (Crazy Eddie) dominated the retail consumer electronics market in the New York City metropolitan area. Crazy Eddie was a consumer electronics empire built on hype. 9 million to disgorge profits from Eddie’s illegal stock sales. Antar to see what he could tell me about his cousin Sam A. He had a mistress. " It's a colorful story from the early days of home PC sales. Eddie Antar paid for Sam to learn accounting so he could eventually work at the growing company’s small auditing firm, Penn and Horowitz. For 13 years Eddie Antar wheeled and dealt out of an office in his Brooklyn headquarters that sported a bar, leather couch and a gym. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. Many people thought that the man featured in the Crazy Eddie commercials was the founder, Antar, but it was actually a radio disc jockey named Jerry Carroll, who performed in 7,500-plus. Crazy Eddie was a consumer electronics empire built on hype. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud. m. Kuzser refused, and the dispute began to fester. 01. In 1969, Eddie Antar, a 21-year-old high school dropout from Brooklyn, opened a con- sumer electronics store with 150 square feet of floor space in New York City. Added: 25 Apr 1998. Antar fled in 1990. Y. In 1981, Sam passed the CPA. Money laundering is a three-step process of placement, layering and integration that is clearly illustrated in Crazy Eddie’s scheme. O. However, I heard it from time to time form the various other individuals like Ben Kuszer, Mitchell Antar and Eddie Antar, and also in the previous year I heard it from those various individuals also. The fraud at Crazy Eddie was one of the longest running in modern times, lasting from 1969 to 1987. Antar, these sources said, is particularly fond of his daughter-in-law and the couple's daughters, who range in age from 8 to 14. In June 1992, the law finally caught up with Eddie Antar, alias David Cohen. In addition. Antar is the nephew of Eddie Antar, who founded the Crazy Eddie electronics stores in the 1970s and 1980s. Antar was eventually busted and forced to describe to US investigators precisely how he had laundered money through Bank Leumi. The elder Antar cooked the. He has since admitted helping to mastermind one of the largest securities frauds of its time,. Antar. In a filing with. Antar's uncle hid up to $3. Deadline reports the following rundown of the story of Crazy Eddie: Antar opened. There, the founder and chief executive of Crazy Eddie Inc. American broadcaster (Coke Time with Eddie Fisher, Robbins Nest), dies at 72; Jun 24 Juris. (3) 1984-1987: As a public company. Antar, a close friend and cousin of Eddie Antar, joined the company and became its controller. S. Antar. In Episode 124 of Fraud Talk, Gary Weiss, author of “Retail. Eddie (Samuel) Antar was born on month day 1947, in birth place, New York, to Samuel (Murad) Antar and Rose (Abraham) Antar (born Tawil). Eddie was a family man, a ladies man, and a rich man. E. Employee Rating. In 1965, Natalie married actor Robert Clary. provided similar testimony for fiscal. Testimony of Sam E. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. New Jersey against Eddie Antar, Sam E. Nearly 30 years after the fact, the. And so it is: Eddie Antar, the Eddie from the Crazy Eddie's chain of electronics stores, has died. Crazy Eddie. By Niraj Chokshi Sept. Eddie Antar, in 94-5230 — Holding that resignation from conspiracy is insufficient if the defendant “continues to do acts in furtherance of the 18 conspiracy and continues to receive benefits from the conspiracy’s operations”Writers on a NE Stage. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. Allen Antar, 48, of Oakhurst, New Jersey, is one of Eddie's brothers. Eddie Antar served over 6 years in prison and Mitchell Antar served approximately 2 years. . United States of America v. Antar, a window trimmer whose finances revolved around suitcases of cash known as “nehkdi,” and his second wife, Rosie Tawil, the. provided similar testimony for fiscal. Antar's lawyer estimates there have been default judgments rendered against Antar for about $260 million. S. ”. Crazy Eddie was founded in 1969 by Eddie Antar and his father, Sam M. The Bloomfield-Cooper funeral home in Ocean Township, New Jersey, confirmed Sunday that Antar died Saturday. Entrepreneur Eddie Antar grew his chain of discount stores in the New York of the 1970s with unforgettably loud TV commercials, a reputation for low prices and a compelling story about an underdog family of Syrian Jews who had fled persecution and built a successful. He was 68. Later. 8 Crazy Eddie, Inc. “Crazy” Eddie Antar, dubbed the “Darth Vader of Capitalism” by the then-United StatesThe massacre was a real bean-spiller, and it was followed by the testimony of Eddie’s first cousin (and partner and C. Sam Antar, 57, is a felon and former certified public accountant who helped perpetrate one of the largest securities frauds of the 1980s at Crazy Eddie, a chain of electronics stores based in New. The girl had been at the hospital since hours after the Feb. Mitchell Antar, 39, was sentenced to four years in prison and ordered to pay back $3. Headquartered in Edison, it grew to 43 stores in four states. Sol Goldman, largest individual real estate owner in NYC: Chrysler Building; Plaza Hotel, etc. Serial fraudster Sam A. Eddy Antar, Eddie Antar's uncle, was corporate treasurer. Crazy Eddie Fraud Case. COURT ORDERS FORMER WIFE AND CHILDREN OF EDDIE ANTAR TO DISGORGE PROCEEDS OF INSIDER TRADING The U. Dec 4, 2017 6:43 PM EST. Eddie Antar was 68. His family has not disclosed the cause of his death. Eddie was a millionaire, with roughly 53 million dollars in. , USDC NJ, Civil Action No. Eddie Antar died in 2016. 12, 2022, 6:22 a. According to published reports, his death was confirmed by a New Jersey funeral chapel although the cause was not disclosed. Cofounder of the electronics retail chain Crazy Eddie, Inc. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. E. Eddie Antar, better known as “Crazy Eddie,” is a very prevalent fraudster in the world of accounting. , committing securities fraud by “going legit”. In a deeply personal battle intertwined with her legal actions, Antar is currently involved in a custody dispute over her daughter. “Crazy Eddie” was Eddie Antar, the grandson of Syrian immigrants, who started a modest stereo shop in Brooklyn and parlayed it into a retail empire grossing $350 million annually. Had the auditors invested the time and expense to investigate Eddie before accepting him as a client, they perhaps would. I am a former CPA and former Chief Financial Officer of Crazy Eddie, Inc. Get this Sun-Journal page for free from Monday, February 2, 1987 r' 2C Lewiston Journal Community events Monday Fabruary 2 1987 A Patent Business briefs Management s. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. Antar, who went into business with his father, turned Crazy Eddie into the largest electronics chain in the New York metropolitan area. Katy Perry & Orlando Bloom’s Daughter Daisy Dove Makes Public Debut at Vegas. Mr. Eddie Antar, his father Sam MAntar. Crazy Eddie. Still, he knows what it is like to be on the run: He was. 5 million shares - at $14 a share. She was first married to a Joesph Lewis Metzger and had a son Michael on October 18, 1939. Antar lives in Brooklyn. he helped us get a nice corolla for my daughter with no pressure and did his best to get us top dollar for an older trade, very much appreciated ! Thank you. The Complaint alleges that defendants engaged in activities directed by Eddie Antar as a result of which Crazy Eddie fraudulently . The Securities and Exchange Commission today proposed amendments to the definition of "accredited investor" in the Commission's rules and the definition of "qualified institutional buyer" in Rule 144A under the Securities Act of 1933. Eddie Antar was convicted of illegally pocketing $75 million by selling his stock when he knew that its price was artificially inflated through bogus inventory and sales figures. View contact information: phones, addresses, emails and networks. In 1993 Eddie Antar, left, was convicted on racketeering and stock fraud charges. 12, 2022, 6:22 a. At a time when most electronics stores were small (“kleyn”) storefronts, Antar created electronics SUPERSTORES that sold the new gadgets consumers were clamoring for in the 1970s and 1980s. I am glad we were able to make our Truck purchase from Eddie Antar. We’ll also look back at Crazy. Three decades after it collapsed under the immense weight of a. Bush's daughter Dorothy marries Bobby Koch; Jun 30 Actress Cecil Hoffman (Zoe-LA Law) marries Paul. MORE: 'Crazy Eddie' dead at 68. DEBORAH ROSEN ANTAR Eddie's first wife. BROOKLYN-- He was known as Crazy Eddie. Michael Cohn. He died on 10 September 2016, in New Jersey, United. Sam E. Aug. Eddie Antar came from a low rent neighborhood in Brooklyn from a family of merchants. JINDERIS, Syria (AP) — A baby girl who was born under the rubble of her family’s earthquake-shattered home has left the hospital and gone to her new home, where she was with her paternal aunt’s family Monday. Their prices were insane. Antar, a former accountant and criminal convicted for his role in perpetrating millions of dollars worth of tax and securities fraud, appeared at. m. Eddie Antar, who hired a radio disc jockey to portray him in the iconic TV. Download. The younger Antar, who had become Crazy Eddie’s CFO, pled guilty to charges of securities and mail fraud conspiracy and obstruction of justice. " Eddie Antar, co-founder of the Crazy Eddie electronic retail chain, died Saturday at age 68. 10. 1528. Crime Jul 15, 2003 23 min. During the 1980s, I helped mastermind with my cousin Eddie Antar and Uncle Sam M. (the "Class Complaint"), Eddie Antar realized cash proceeds of $72,245,649, his father Sam M. . This new half-hour series. Marvin Jemal and Eddie Antar, the head of Crazy Eddie, shared an affection for dogs, for example. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. 3d 568 Docket: 94-5228. Antar died on Saturday, but a cause of death was not disclosed. Eddie Antar, the Brooklyn-born man who created the chain of Crazy Eddie electronics stores only to watch it collapse when an underlying fraud was exposed, died. Masterminds. Eddie Antar (R), once known as 'Crazy Eddie,' New York's electronics king, is led by an Israeli police detective for a remand hearing after his arrest, June 25, 1992. OCEAN TOWNSHIP, N. Eddie Antar, whose Crazy Eddie retail chain was once as much a part of the New York landscape as pizza slices and the ubiquitous yellow cab, has died. Mitchell Antar, in 94-5228. 524K subscribers 59K views 15 years ago Their prices were insane. . He also is the nephew of Eddie Antar, who founded the Crazy Eddie electronics stores in the 1970s and 1980s, who defrauded investors out of. 952-831-2707 | 1-800-331-4288. Tweet on TwitterFollowing his time in prison, Antar desperately tried to start one electronics effort after another, but ultimately they all failed. Born Isidore Iskovitz on New York's Lower East Side to Russian-Jewish immigrant parents, young Izzie was orphaned early on, and was raised by his maternal. The real Eddie was Eddie Antar, who grew a single store in Brooklyn into a retail empire, and then was brought down in a blizzard of fraud charges and antics worthy of “American Hustle. ) Sam E. Soon after, Sam. Eddie Antar was a bizarre combination of Old World and New World. A CASE STUDY Eddie Antar, one of the most shameless white-collar criminals in the last half of the 20th century, limped onto his latest of many flights from New York to Tel Aviv, Israel. It also evokes the saga of the Syrian. He also is the nephew of Eddie Antar, who founded the Crazy Eddie electronics stores in the 1970s and 1980s, who defrauded investors out of more than $74 million. . Eddie Antar was having an crimes such as Conspiracy, Tax evasion, Money laundering, & Security Fraud, and Even Worse, He was abusive husband and father who have uncaring as he destroyed along the way! His own poor daughter named Rose was dying from suffering! the Demise of this Electronics Retail was a result of Internal rivalries,It’s the first face-to-face meeting in 20 years between cousins Eddie and Sam Antar, the founder and chief financial officer, respectively, of the Crazy Eddie electronics stores. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. Mr. Gonzalez, Jr. Eddie Antar founded Crazy Eddie in Brooklyn in 1970, and at its peak in the 1980s, the chain had more than 40 stores, mostly in the metropolitan New York area, with reported annual sales of more. 89-3773 (NHP)] (LR-12548) DISMISSAL GRANTED TO LEONARD M. Eddie Antar was convicted of illegally pocketing $75 million by selling his stock when he knew that its price was artificially inflated through bogus inventory and sales figures. Mr. Highly recommend him to all shoppers. Antar’s death Saturday was confirmed Monday by the Bloomfield Cooper Jewish Chapels in Ocean Township, N. Eddie Antar founded the Crazy Eddie electronics retail chain in Brooklyn, New York, which rose to prominence across the New York-New Jersey area throughout the 1970s. He was 68. Angela, the bank employee, approaches Justin, the bank manager and says: “My daughter is seekingtreatment for heart disease and I don’t have a health insurance policy. Among his clients were Donald J. Antar. Johanna Frances Antar, American computer consultant. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades after their business ende. The rise and spectacular fall of the chain, and its CEO Eddie Antar is the subject of a the book Retail Gangster: The INSANE, Real-Life Story of CRAZY EDDIE by. NICKERSON, District Judge: In a Report and Recommendation dated September 15, 1995, as amended by a Supplemental Report and Recommendation dated October 4, 1995, Magistrate Judge Marilyn Dolan Go recommended that judgment be entered against defendant Eddie Antar as follows: (a) judgment in favor of the class. This chapter discusses how, during the 1980s, Sam E. J. 11, 2016 Eddie Antar, the Brooklyn-born man who created the chain of Crazy Eddie electronics stores only to watch it collapse when an underlying fraud was. Antar is the nephew of the late Eddie Antar — the proprietor of Crazy Eddie’s electronic retailers that were ubiquitous in the Northeast in the 1970s and 1980s. Eddie Antar, 68, who owned retail chain Crazy Eddie electronics, has died. "Eddie Antar, Index No. Along with my cousin Eddie Antar, his father Sam M. In 1972, the “fair trade law” was removed and many consumers viewed Eddie as a “retail. Although Eddie. Apr 05, 2021. Subscribe to FAQ NYC on Apple, Spotify, or pretty much everywhere podcasts are found. Antar co-founded Crazy Eddie in the early 1970s with his father and another family member as a single store on Kings Highway in Brooklyn, New York. The Crazy Eddie crime spree evolved in three phases: (1) 1969-1979: Skimming and under-reporting income (tax fraud) prior to the big plan to go public. , which did not say where he died or give the cause. But Eddie was Eddie Antar, a Syrian Jew from Flatbush who turned a single store in Brooklyn into the largest retail electronics chain in the New York metro area with annual sales over $300 million. Crazy Eddie's eventually went public and had a valuation of $600 million. One memorable family story featured Murad Antar—Eddie and Sam’s grandfather and family patriarch who immigrated to America in 1920. In 1969, Eddie Antar, a 21-year-old high school dropout from Brooklyn, opened a consumer electronics store with 150 square feet of floor space in New York City. Eddie Antar founded the Crazy Eddie electronics retail chain in Brooklyn, New York, which rose to prominence across the New York-New Jersey area throughout the 1970s. Antar was an intelligent youth but found school boring, dropping out at. The Crazy Eddie, Inc. Ms. and found guilty of racketeering and stock fraud. Find a Grave Memorial ID: 168. Eddie Antar was born in New York in 1947 and with his relatives set up discount electronics store Sight and Sound in 1969. Per their story: Antar opened his. 89-3773 (NHP)] (LR-12548) DISMISSAL GRANTED TO LEONARD M. United States of America v. Born: 18-Dec-1947 Birthplace: Brooklyn, NY Died: 10-Sep-2016 Location of death: Ocean Township, NJ Cause of death: unspecified. 1 Despite this modest beginning, Antar would eventually dominate the retail consumer elec- tronics market in the New York City. Eddie Antar was 68. Eddie. chain of consumer electronics stores began as a small operation in the 1970 s and in a fairly short time grew into a major New York area consumer retail chain with stores in four states and with reported annual sales totalling over $300 million. Antar's relatives. Directions. ANTAR, MITCHELL ANTAR, ISAAC KAIREY, DAVID PANOFF, EDDIE GINDI, AND KATHLEEN MORIN, Civil Action No. Y. JTA — Crazy Eddie was a consumer electronics empire built on hype. Antar, a close friend and cousin of Eddie Antar, joined the company and became its controller. Eddie Antar, the Brooklyn-born business executive who helped turn the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges, died Sept. No cause was given. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud TV commercials, a. Lives in Brooklyn. 20 old farm road, oakhurst, NJ 07755250 e 63rd street 1012, new york, NY 10065265 e 66th st apt 25d, new york, NY 10065265 e 66th st apt 31a, new york, NY 10065265 e 66th st apt 38a, new york, NY 10065265 e 66th street. New York Post photo composite More On: cons If. ‘Womber means ‘fire ablaze at night-time when it’s calm; the fire makes that noise, womber, womber. Highly recommend him to all shoppers. He was extradited to the United States in early 1993 to stand trial. Sam Antar, 57, is a felon and former certified public accountant who helped perpetrate one of the largest securities frauds of the 1980s at Crazy Eddie, a chain of electronics stores based in New. But looking back at all of it, the entire story of Eddie Antar — forget about his prices — was insane. In addition. Ct. It’s Friday. N. 15-Jul-1960. , and former employees Eddie Gindi and Kathleen Morin participated in a massive financial fraud by which Crazy Eddie materially overstated. Provide details on what you need help with along with a budget and time limit. Paul and Twin Cities #1GNEVGKW7MJ169537Eddie Antar Found 11 people in New York, New Jersey and 4 other states. As breathless sales pitches occasionally remind us, everything must go. By Niraj Chokshi Sept. James Gandolfini, Actor. In Episode 124 of Fraud Talk, Gary. United States v. Antar, the son of the Eddie’s brother’s Allen, pleaded guilty to a prior scam in 2013 where took money from an investor to buy electronics equipment, but instead spent the funds on gambling. e. — Herb Greenberg (@herbgreenberg) September 10, 2016 "Love him/hate him, he was an original. Antar, of New York City, also was the mastermind behind schemes to inflate Crazy Eddie's inventory and understate its accounts payable in 1985, 1986 and 1987, SEC lawyers alleged. Antar, who served as Crazy Eddie's CFO, gleefully recounted how he bamboozled the outside auditors and then avoided prison by testifying against his cousin. My salary is insufficient to meet. After gaining control, Mr. Eddie Antar started young. The notoriety of this case has continued into the 21st century. Mitchell Antar, 39, was sentenced to four years in prison and ordered to pay back $3. Antar was released from prison in 1999. The girl had been at the hospital since hours after the Feb. Share full article. Marvin Jemal and Eddie Antar, the head of Crazy Eddie, shared an affection for dogs, for example. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. In Episode 124 of Fraud Talk, Gary Weiss, author of “Retail Gangster. Dec 18, 1947 – Sep 10, 2016. Antar -- grown with interest to $90 million -- for restitution to Crazy Eddie investors. S.