Antar (co-founders of the company) one of the largest securities frauds of its time. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud TV commercials. Eddie Antar was 68. 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. The authorities accused its namesake, Eddie Antar, of skimming cash — he had $32 million under an alias in a Swiss bank account at one point. provided similar testimony for fiscal. Eddie married first name Antar (born Rosen) . Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. In 1984, the chain went public. Antar was an intelligent youth but found school boring, dropping out at. (3) 1984-1987: As a. Sam Antar, a self-described convicted felon, takes credit for helping mastermind the Crazy Eddie securities scheme, one of the largest fraud cases of its time (it predates Enron). Mitchell Antar, 39, was sentenced to four years in prison and ordered to pay back $3. Around 1972, WCBS-FM account representative Norm Golden talked Eddie Antar into buying radio advertising for $5 a spot. One memorable family story featured Murad Antar—Eddie and Sam’s grandfather and family patriarch who immigrated to America in 1920. Antar owned 1/3 of Sights and Sounds. Whoa, he’s still got his Crazy Eddie. District Judge for the Southern District of Florida granted the Commission's Kotion AsFor Order Of Dismissal. E. 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. A man’s face on 20 Now 62, Antar ended up cooperating with the feds, which helped them convict Eddie Antar on multiple charges, sending him to prison for a seven-year stretch. In 1971, Eddie purchased his cousin’s share in the business for $25,000 and changed the name The nephew of "Crazy" Eddie Antar was charged with theft on Tuesday for allegedly stealing nearly $800,000 from investors in New Jersey and New York and using much of the money to gamble. 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. Mitchell Antar, in 94-5228. Antar, who is now 44 years old, was apparently laying the groundwork for a new life. Three decades after it collapsed under the immense weight of a. About Eddie Antar. business. . Eddie Antar was 68. . 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. NEWARK, N. In Episode 124 of Fraud Talk, Gary Weiss, author of “Retail. , USDC NJ, Civil Action No. Antar eventually pleaded guilty to. often pumped iron while haggling with vendors, occasionally rising from his weights to pour a round of drinks, tell a joke or consummate a deal. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. Antar. Testimony of Sam E. According to published reports, his death was confirmed by a New Jersey funeral chapel although the cause was not disclosed. Founded by father and son team Sam M. 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. (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. Former Crazy Eddie store pitchman Jerry Carroll, center, and Alan Antar, brother of store founder Eddie Antar, at a 1998 opening. At its height, Crazy Eddie had 43 stores in four North Eastern states. Eddie Antar Daniel Hulshizer/Shutterstock. Antar is the former businessman who cooked the books at Crazy Eddie. 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. Employee Rating. Antar, was CFO of Crazy Eddie and was complicit in its fraud. The notoriety of this case has continued into the 21st century. Chertoff said. Antar owns 11 percent and the Belzbergs the remainder. Inside The Mind Of A Financial Criminal : Planet Money The family behind Crazy Eddie, the electronics store, ran a massive fraud for years. The marriage ended in divorce. He. In 1989, Sirota filed a civil suit against Antar who was still in the US. Eddie Antar was 68. 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. -- The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. The famous commercials were all produced in house and were not a creation of an outside. Antar's lawyer estimates there have been default judgments rendered against Antar for about $260 million. Y. Eddie Antar was having an crimes such as. This chapter discusses how, during the 1980s, Sam E. 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. The project was set by eOne late last year, with an exclusive rights deal has been made with Crazy Eddie’s cousin and co-conspirator Sam E. As the criminal CFO of Crazy Eddie, I helped Eddie Antar and other members of his family mastermind one of the largest securities frauds uncovered during the 1980's. O. On this episode of Dirty Money, co-hosts Jon Small and Dan Bova speak with Gary Weiss,. 143-145. By Peter Carbonara Sam Antar testified against his cousin, Crazy. MORE: 'Crazy Eddie' dead at 68. Antar, a window trimmer whose finances revolved around suitcases of cash known as “nehkdi,”. Per their story: Antar opened his. In other words, he turns the complicated and baffling into simple and understandable. Through a combination of fraud, chutzpah and an irritating, decade-long TV pitch, Antar turned a. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. Antar was released from prison in 1999. S. Eddie Antar, who hired a radio disc jockey to portray him in the iconic TV. C. Eddie Antar started the chain in 1969 with a store in Brooklyn, N. Antar also must pay $250,000 more in restitution during the first five years he is out of prison, U. Antar, 59, the founder and former chief executive of the now-defunct Crazy Eddie chain of electronics stores, has never heard of Alexander. 1051. By Niraj Chokshi Sept. Eddie Antar, in 94-5230, 53 F. Antar, Mitchell Antar, Isaac Kairey, and David Panoff, former officers and directors of Crazy Eddie, Inc. “Crazy” Eddie Antar, dubbed the “Darth Vader of Capitalism” by the then. to electronics chain called "Crazy Eddie", that supposed to be great & epic, But Unfortunately, Eddie goes end up having terrible problems. Antar, 36, also spoke of how he grew up in Brooklyn a few blocks from the Antar brothers. As breathless sales pitches occasionally remind us, everything must go. BROOKLYN-- He was known as Crazy Eddie. Find a Grave Memorial ID: 169825229. Highly recommend him to all shoppers. , U. The Bloomfield-Cooper funeral home in Ocean. Gary Weiss (MSJ76) Back in the fall of 2016 we heard the news about the passing of Eddie Antar, “Crazy Eddie” as he was known to millions of people, the man behind the successful chain of electronic stores and one of the most iconic ad campaigns in history. Antar was the government’s key witness in both the criminal and civil prosecutions against members of his family, including his cousin, “Crazy” Eddie Antar, and his uncle, family patriarch. Few things evoke the New York of a particular era the way "Crazy Eddie! His prices are insaaaaane!" does. Entrepreneur Eddie Antar grew his chain of discount stores in the New York of the 1970s with unforgettably loud TV commercials, a. In 1987, Eddie Antar was forced out, and a physical inventory undertaken by new management revealed that $40 million of merchandise did not exist. Eddie Antar finally pled guilty in 1996 for conspiracy and racketeering and spent seven years in prison. Zinn and Mr. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Crazy Eddie may have died rich. EDT 1 Min Read. 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. Eddie Antar. The real story of Crazy Eddie is a familiar American story of wild success. (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. Although Eddie. To survive in business, Eddie Antar resorted to circumventing fair trade by discounting merchandise to customers. longs for the day when her 4-year-old daughter, Livia, can act like a. Ms. The project was set by eOne late last year, with an exclusive rights deal has been made with Crazy Eddie’s cousin and co-conspirator Sam E. Their prices were insane. In a deeply personal battle intertwined with her legal actions, Antar is currently involved in a custody dispute over her daughter. 06755/88 (N. The notoriety of this case has continued into the 21st century. Antar. After Antar fled. The chain was started in 1971 in Brooklyn, New York, by businessmen Eddie and Sam M. Antar lives in Brooklyn. Here's a quick look at 11 moments during his rise and fascinatingly bizarre fall: Antar opened his first Crazy Eddie electronics store in 1969 on Kings Highway in Brooklyn. Published Sep 15, 2016. 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. Provide details on what you need help with along with a budget and time limit. February 27, 1990 arrest warrant for Eddie Antar. , committing securities fraud by “going legit”. Eddie Antar was 68. Mitchell Antar, in 94-5228. The government and various civil litigants recovered over $75 million from Eddie and $2 million from Mitchell. Dan Hulshizer / AP. Antar eventually pleaded guilty to. . By 1989 the company was bankrupt. Testimony of Sam E. I committed my crimes, simply because I could. Few things evoke the New York of a particular era the way “Crazy Eddie!Eddie Antar, 47, was sentenced to 12 1/2 years in prison and ordered to repay $121 million to investors. S. The Bloomfield-Cooper Jewish Chapels in New Jersey confirmed Antar's death to CNNMoney on Sunday. The last Crazy Eddie stores closed for good at the end of 1989. J. ”. Eddie Antar was 68. 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. The testimony of Sam E. Weiss deftly weaves the family story, with the New York Zeitgeist of the 1970s and 1980s, along with the rather complicated frauds committed by the Sam and Eddie Antar. United States of America v. The notoriety of this case has continued into the 21st century. has been operating for 36. By Jackie Wattles. Jon Turteltaub will direct the biopic Insane about "Crazy" Eddie Antar, who did time on one of the greatest securities frauds in history, according to Deadline. Eddie's father, Sam, who openly sympathized with his daughter-in-law, suffered a heart attack days after the New Year's Eve confrontation. Antar, who went into business with his father, turned Crazy Eddie into the largest electronics chain in the New York metropolitan area. 1669 Henrietta Maria, French-born daughter of Henry IV of France and queen of Charles I of England (b. The elder Mr. I am glad we were able to make our Truck purchase from Eddie Antar. Other co-conspirators pleaded guilty to various crimes, cooperated with the government investigations of Crazy Eddie, and testified at. By Peter Carbonara Sam Antar testified against his cousin, Crazy. Licensed to: iChapters User CASE 1. Retail Gangster (Hachette Books, August 23, 2022), his fourth book, is an inside look at Eddie Antar---a marketing genius who turned a tiny Brooklyn store into the heart of a corporate empire, the largest retailer of consumer electronics in the northeast. The father of five's cause of death has not been made public. Along with my cousin Eddie Antar, his father Sam M. Mr. Charles C. Gender: Male Religion: Jewish Race or . Highly recommend him to all shoppers. 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. He was convicted. United States v. At the age of 20 years old, Antar opened up his very first store, Crazy Eddie. Carella, Esq. “The kid is a degenerate gambler,” Sam. e. Eddie. With the help of his popular commercials – which aired for nearly 15 years and. Sam Antar says he is a compulsive gambler — a fact he says was well-known to defendants in the case including the Borgata casino, MGM Resorts International, and its online partner Entain. (1995) - Free download as PDF File (. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. Updated Sep. Judge Ackerman began his opinion as follows: There is perhaps no more insidious drain on the. He took the electronics chain from one store in Brooklyn, N. Eddie Antar was born on 18 December 1947, in Brooklyn, New York City, New York, United States as the son of Sam Antar. Used 2021 Chevrolet Traverse LT Cloth SUV Summit White for sale - only $31,491. The Early Years. The elder Antar cooked the. Nearly 30 years after the fact, the. Katy Perry & Orlando Bloom’s Daughter Daisy Dove Makes Public Debut at Vegas. Eddie Antar and Sam M. 0:00. Before long, Crazy Eddie, who just a few years before had been demanding customer's shoes as a deposit, had sold over $70 million in stock and fled the country with bundles of cash strapped to his body like the Michelin Man. ET Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, a new book reveals. Weiss deftly weaves the family story, with the New York Zeitgeist of the 1970s and 1980s, along with the rather complicated frauds committed by the Sam and Eddie Antar. Being a school drop-out, Antar uses it as a motivation to fulfill his ambition of becoming a successful business mogul. "Eddie Antar, Index No. Share on Facebook. In 1976, Larry Weiss, Crazy Eddie’s advertising director, hired WPIX-FM disc jockey Jerry Carroll as the official face of Crazy Eddie. e. J. Eddie Antar once reigned over an electronics chain with 43 locations in New York, New Jersey, Pennsylvania and Connecticut, NJ Advance Media reported. They caught him in the act, and a street fight nearly erupted. The family business grew into a chain with. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. Antar. Available on Prime Video, Tubi TV, Amazon Freevee. 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. (YouTube screen capture) OCEAN TOWNSHIP, New Jersey — The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. 1. " App. Eddie Antar, Sam E. He was extradited to the United States in early 1993 to stand trial. Electronics kingpin "Crazy Eddie," left, died Saturday at the age of 68. New York Post photo composite More On: cons If. -- 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. 0:00. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. 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. I am glad we were able to make our Truck purchase from Eddie Antar. They built a modest tasting room to showcase their authentic and natural style of winemaking and has grown while still keeping to its traditional roots. Antar was the force, if not the face, behind the Crazy Eddie electronics chain whose pitchman dominated the airwaves in the 1970’s and 80’s with a motor-mouth delivery and the tagline, “These prices are insane!’’Convicted Felon, former CPA, and former Crazy Eddie CFO Sam Antar speaks out about white-collar crime . American broadcaster (Coke Time with Eddie Fisher, Robbins Nest), dies at 72; Jun 24 Juris. Antar's. 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. was established on Dec 22 1986 as a domestic not-for-profit corporation type registered at 5 SAXONY DRIVE OAKHURST, The county for this new york company is KINGS. Born: 18-Dec-1947 Birthplace: Brooklyn, NY Died: 10-Sep-2016 Location of death: Ocean Township, NJ Cause of death: unspecified. Greg Berlanti, Sarah Schechter, Peter Steinfeld. Eddie Antar, better known as “Crazy Eddie,” is a very prevalent fraudster in the world of accounting. Soon after, Sam. 89-3773, NHP] (LR-13509) CORRECTION A heading in the February 1 issue of the Digest inadvertently stated there was a. $24. Behold, The another logo over. Editor-in-chief, AccountingToday. Visit White Bear Lake Superstore in White Bear Lake #MN serving Minneapolis, St. who sided with their daughter-in-law. United States v. "Crazy Eddie" -- founder of the electronics chain known for its "insaaane prices" -- died Saturday. 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. EDT 5 Min Read. (the "Class Complaint"), Eddie Antar realized cash proceeds of $72,245,649, his father Sam M. Added: 12 Sep 2016. NEW YORK — 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 Saturday. Bush's daughter Dorothy marries Bobby Koch; Jun 30 Actress Cecil Hoffman (Zoe-LA Law) marries Paul. The Crazy Eddie, Inc. Crazy Eddie Antar was coined by US Attorney Michael. 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. Stiff Sentence. The chain's growth was helped by the introduction of the VCR. Much of the money was sent to a bank account in Israel. The nephew of "Crazy" Eddie Antar was charged with theft on Tuesday for allegedly stealing nearly $800,000 from investors in New Jersey and New York and using much of the money to gamble. 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. Crazy Eddie - Masterminds (Season 1, Episode 1) - Apple TV. Eddie skipped town and Sam, all alone, was forced to testify against his own family to avoid. 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. — Herb Greenberg (@herbgreenberg) September 10, 2016 "Love him/hate him, he was an original. Serial fraudster Sam A. In a brief scuffle, Mr. Antar expanded his business from a single Brooklyn store, founded in 1969, into the largest consumer electronics chain in. Antar is well known for his schemes regarding Crazy Eddie Electronics, the company he cofounded with his father. Among his clients were Donald J. His cousin, Sam E. When the Crazy Eddie chain was bought in 1987, the ruse was up and the SEC, FBI, US Postal Service and the Justice Department came crashing in. Antar, nephew of the crook behind the epic Crazy Eddie scam, last week settled a federal securities-fraud case from his New Jersey prison. OCEAN TOWNSHIP, N. 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. There was a table for 12 at Brooklyn’s world-famous Peter Luger Steak House that remained empty, regardless of how busy the joint became, waiting for Eddie and his entourage whenever they just decided to show up for some cow. Crazy Eddie, New York City consumer electronics chain that failed after founder Eddie Antar and others pleaded guilty to racketeering and conspiracy charges, returns as online entity based in. Eddie Antar was 68. Criminal. Eddie Antar served over 6 years in prison and Mitchell Antar served approximately 2 years. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades after their business ende. , Inc. In 1988, soon after the S. According to the proposed amendment to the class action complaint in In re Crazy Eddie Sec. " (2) Includes (i) 2,088,330 shares owned by Eddie Antar directly, (ii) 240,000 shares held by Eddie Antar as custodian for the benefit of Eddie Antar's minor nephews and nieces and (iii) 300,000 shares held by Deborah Antar as custodian for Eddie Antar's minor children. 1609) 1676 Gerrard Winstanley, English religious reformer (b. The fraud at Crazy Eddie was one of the longest running in modern times, lasting from 1969 to 1987. By Peter Carbonara Sam Antar testified against his cousin, Crazy. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. "Crazy" Eddie Antar, center, founder of the Crazy Eddie electronics store chain, is led in handcuffs after being extradited from Israel on Jan. In response to a motion by the SEC, the court on June 29, 1990 determined that "(1) Eddie Antar made illegal profits of $52,519,548 from the sale of the stock of Crazy Eddie, Inc. Marvin Jemal and Eddie Antar, the head of Crazy Eddie, shared an affection for dogs, for example. . “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. The original predecessor company to Crazy Eddie was ERS Electronics, which was founded by Eddie Antar, Sam M. Brooklyn, New Jersey. Antar, a close friend and cousin of Eddie Antar, joined the company and became its controller. 1 Despite this modest beginning, Antar would eventually dominate the retail consumer elec- tronics market in the New York City. 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 M. Sam later became the. , the consumer electronics concern that is the target of two takeover bids. After gaining control, Mr. Serial fraudster Sam A. Antar (Eddie’s father), and Ronnie Gindi (a first cousin) in 1969. 3d 568 Docket: 94-5228. No one's prices have been quite as "insaaaaaaane. To meet analysts’ expectations, we conceived of a plan called the “Panama Pump”. 524K subscribers 59K views 15 years ago Their prices were insane. CustomerService@mncpa. RIP," he wrote. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud TV commercials, a. Eddy Antar, Eddie Antar's uncle, was corporate treasurer. In Episode 124 of Fraud Talk, Gary. Here's a quick look at 11 moments during his rise and fascinatingly bizarre fall: Antar opened his first Crazy Eddie electronics store in 1969 on Kings Highway in. 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. Though both of her parents work, they cannot afford medical insurance for themselves or her. Eddie Antar, his father Sam M. A cause of death wasn't disclosed. The Antar family criminal enterprise ranged from under-reporting income taxes in the 1970s. . Essay, Pages 8 (1852 words) Views. Crazy Eddie Fraud Case. No cause was given. Allen Antar, 48, of Oakhurst, New Jersey, is one of Eddie's brothers. Eddie Antar is alleged to have made $75 million during the short public life of Crazy Eddie. During his term as the company's chief executive. , to a federal prison term of 82 months followed by 2 years of supervised release. Download. of 1. No cause was given. In 1992, he was caught in Israel and, after a lengthy extradition. Prices, Dies At 68. Much of the ill-gotten loot was placed. Crazy Eddie's eventually went public and had a valuation of $600 million. Antar, Mitchell Antar, Isaac Kairey, David Panoff, Eddie Gindi and Kathleen Morin, USDC for the District of New Jersey, Newark Division, Civil Action No. ) Sam E. Eddie Antar, et a1. Antar was an intelligent youth but found school boring, dropping out at. 1051. Crazy Eddie Antar. CNNMoney (New York) First published September 11, 2016: 6:59 PM ET Eddie Antar,. 1051. Eddie Antar, the founder of the Crazy Eddie electronics retail chain known for its hugely popular TV commercials in the 1970s and 1980s, and later brought down by a massive fraud scheme, died Saturday at the age of 68. Eddie Antar died in 2016. 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. The younger Antar, who had become Crazy Eddie’s CFO, pled guilty to charges of securities and mail fraud conspiracy and obstruction of justice. said Mr. District Judge Harold A. Eddie Antar was a bizarre combination of Old World and New World. She and her daughters paid $3. All groups and messages. said. As Crazy Eddie collapsed, newly uncovered documents show, Mr. Ackerman ordered. (Eddie spent several years in prison. 10. "I remember Marvin buying Eddie a dog, or maybe Eddie bought one for Marvin," Mr. May 26, 2023 11:48 AM Crazy Eddie’s nephew settles $650K fraud case from prison cell Aaron Elstein Email Share Tweet Share New Jersey Department of Corrections Sam A. The film is being financed by eOne. Sol Goldman, largest individual real estate owner in NYC: Chrysler Building; Plaza Hotel, etc. . 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. But Eddie Antar aggressively courted the investment. Crazy Eddie. overstated its. 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. ¶ 33(F). Money laundering is a three-step process of placement, layering and integration that is clearly illustrated in Crazy Eddie’s scheme. 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. Mr. Antar on how the illegal schemes had been carried out. What they got, instead, was another Antar. 11, 1993. All groups and messages. An Audacious Start: Eddie Antar was born in Brooklyn, New York, on Dec. He was 68. Eddie Palmieri's ConjuntoBorn in 1947, Antar opened his first Crazy Eddie electronics store when he was in his early 20s, in Brooklyn, N. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Eddie Antar, who hired a radio disc jockey to portray him in the iconic TV. Rider University. Eddie Antar made more than $74. American Ambassadors. Their prices were insane. Eddie had 3 siblings. Antar, a former CPA and former CFO of a family-run business, Crazy Eddie, Inc. T-shirts, hoodies, tops, dresses, skirts, hats, and more in a huge range of styles, colors, and sizes (XS - plus size). J. Highly recommend him to all shoppers. 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 on Saturday. I am a former CPA and former Chief Financial Officer of Crazy Eddie, Inc. Eddie was a millionaire, with roughly 53 million dollars in. Eddie's first ad aired in 1975, when New York was at a bit of a low point. Crazy Eddie was a consumer electronics chain in the Northeastern United States. 1. + Follow. The younger Antar, who had become Crazy Eddie’s CFO, pled guilty to charges of securities and mail fraud conspiracy and obstruction of justice. Michael Cohn. Along with my cousin Eddie Antar, his father Sam M. During the 1980s, I helped mastermind with my cousin Eddie Antar and Uncle Sam M. Michael was Eddie Cantor's first grandchild. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. Ct. The footnote states: "(2) Includes (i) 2,088,330 shares owned by Eddie Antar directly and (ii) 240,000 shares held by Eddie Antar as custodian for the benefit of Mr. 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. 6 earthquake. Sam A.