ANTAR, MITCHELL ANTAR, ISAAC KAIREY, DAVID PANOFF, EDDIE GINDI, AND KATHLEEN MORIN, Civil Action No. m. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. 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. Crazy Eddie’s fraudulent empire. In July 1984, Sam E. Mr. The real Eddie Antar didn’t have time for acting. This book is worth your time, and Weiss should be saluted for his work. Crazy Eddie. 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. Eddie's father, Sam, who openly sympathized with his daughter-in-law, suffered a heart attack days after the New Year's Eve confrontation. $34. This book is worth your time, and Weiss should be saluted for his work. In April, the court ordered Sam Antar to return $57. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud TV commercials, a. February 27, 1990 arrest warrant for Eddie Antar. E. F. m. 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, the founder of the electronics chain Crazy Eddie, which collapsed amid accusations of accounting fraud, has died at the age of 68. Lives in Brooklyn. OCEAN TOWNSHIP, N. The Bloomfield-Cooper funeral home in Ocean. 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 government and various civil litigants recovered over $75 million from Eddie and $2 million from Mitchell. 18, 1947, the grandson of Syrian Jewish immigrants. ); Deborah Rosen Antar; Robert S. 1 Despite this modest beginning, Antar would eventually dominate the retail consumer elec- tronics market in the New York City. View contact information: phones, addresses, emails and networks. "Eddie Antar, Index No. O. Eddie was a millionaire, with roughly 53 million dollars in. At the age of 20 years old, Antar opened up his very first store, Crazy Eddie. The Bloomfield-Cooper Jewish Chapels in New Jersey confirmed Antar's death to CNNMoney on Sunday. Testimony of Sam E. Eddie Antar, founder of Crazy Eddie; has criminal convictions on 17 counts and about $1 billion worth of civil judgments against him stemming from fraudulent accounting practices at that company; Ruben Oskar Auervaara, a notorious Finnish conman and thief. , to — at its height. 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 sold the bulk of his Crazy Eddie stock - 1. Sam A. 12, 2022, 6:22 a. Gender: Male Religion: Jewish Race or . Whether you wear women's clothing or men's clothing you’ll find the original artwork that’s perfect for you. It was unsuccessful to begin. Nearly 30 years after the fact, the. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. 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. Had the auditors invested the time and expense to investigate Eddie before accepting him as a client, they perhaps would. , had 43 retail outlets, sales exceeding $350 million, and outstanding stock with a collective market value of $600 million. View More Reviews on. 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. Antar fled in 1990. Crazy Eddie may have died rich. Mitchell Antar, in 94-5228. Antar on how the illegal schemes had been carried out. T-shirts, hoodies, tops, dresses, skirts, hats, and more in a huge range of styles, colors, and sizes (XS - plus size). She and her daughters paid $3. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades after their business ende. Eddie Antar was sentenced last month to. Mr. His cousin, Sam E. Antar said. Eddie Antar was 68. " It's a colorful story from the early days of home PC sales. Photo: Jeff Zelevansky/Associated Press. New Jersey against Eddie Antar, Sam E. 89-3773 (JCL) (D. 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. "Crazy Eddie" -- founder of the electronics chain known for its "insaaane prices" -- died Saturday. Antar (co-founders of the company) one of the largest securities frauds of its time. , founder of the Roseland-based law firm of Carella, Byrne, Cecchi, Olstein, Brody, and Agnello, P. , and Eddie’s cousin Ronnie Gindi started with a single electronics retailer store in Brooklyn, NY 1969in , called ‘Sights and Sounds’, with each of owning a third of the company. Eddie Antar started the chain in 1969 with a store in Brooklyn, New York. The funeral home said it had no details on. Eddie Antar And Daughters Philanthropic Fund, Inc. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Antar was sentenced pursuant to his plea of guilty to racketeering conspiracy in connection with a securities fraud and insider trading scheme at. Antar co-founded. 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. She was first married to a Joesph Lewis Metzger and had a son Michael on October 18, 1939. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. Being a school drop-out, Antar uses it as a motivation to fulfill his ambition of becoming a successful business mogul. “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. Eddie Antar once reigned over an electronics chain with 43 locations in New York, New Jersey, Pennsylvania and Connecticut, NJ Advance Media reported. Source citation. As I have shared with. Sam E. Chertoff said. (AP) _ Eddie Antar, a fallen electronics tycoon who became an international fugitive, must remain in prison for 40 more months for cheating investors in his Crazy Eddie chain, a federal judge said Monday. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud. Eddie Antar. Although Eddie Antar founded the company, Sam. Eddie skipped town and Sam, all alone, was forced to testify against his own family to avoid. Eddie was a millionaire, with roughly 53 million dollars in. Highly recommend him to all shoppers. 524K subscribers 59K views 15 years ago Their prices were insane. Eddie Antar, Who Started The Crazy Eddie Chain With 'Insane!' Prices, Dies At 68 : The Two-Way He took the electronics chain from one store in Brooklyn, N. She was discharged Saturday and her aunt and uncle. During the 1980s, I helped mastermind with my cousin Eddie Antar and Uncle Sam M. Antar knows a thing or two about corporate fraud. NEW YORK (JTA) – Crazy Eddie was a consumer electronics empire built on hype. 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, better known as “Crazy Eddie,” is a very prevalent fraudster in the world of accounting. 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. ET Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, a new book reveals. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Entrepeneur. 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. 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. Highly recommend him to all shoppers. 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. Sam Antar, the felonious former CFO of Crazy Eddie, is now teaching students and prosecutors how to spot fraud in public companies. 1051. Antar owned 1/3 of Sights and Sounds. He died in 2016 at the age of 68. “More than anything else, I miss the variety of New York,” said Eddie Antar, 58, of the Inwood section of Manhattan. Kings Co. “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. Crazy Eddie became a known symbol for corporate fraud in its. 6 earthquake. Antar was the primary person that told me. It’s Friday. 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. He took the electronics chain from one store in Brooklyn, N. 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. By Niraj Chokshi Sept. Eddie Antar, Who Started The Crazy Eddie Chain With 'Insane!'. Updated Sep. 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. Benjamin Kuszer, 48, of Brooklyn, New York, is Eddie's brother- in-law. 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. Used 2021 Chevrolet Traverse LT Cloth SUV Summit White for sale - only $31,491. American Ambassadors. Owner of the famous Crazy Eddie chain of stores. After Antar fled. About Eddie Antar. Later extradited and. A certified public accountant, he had. After gaining control, Mr. Wall Street swooned. Among his clients were Donald J. Eddie S Antar. Antar, Vol. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. Eddie Antar paid for his cousin Sam E. C. The man who turned the "Crazy Eddie" electronics stores into a retail giant before it collapsed amid federal fraud charges has died. F. Crazy Eddie was an American retail store chain run by the Antar family, which was established as a private company in 1969 in Brooklyn, New York by businessmen Eddie and Sam M. Paul and Twin Cities #1GNEVGKW7MJ169537Eddie Antar Found 11 people in New York, New Jersey and 4 other states. To survive in business, Eddie Antar resorted to circumventing fair trade by discounting merchandise to customers. sentenced Eddie Antar, formerly the Chairman and Chief Executive Officer of Crazy Eddie, Inc. Sam M. Sammy pleaded guilty to three felonies. 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. 15-Jul-1960. By Peter Carbonara Sam Antar testified against his cousin, Crazy. He was 68. Highly recommend him to all shoppers. The New York Times Archives. , USDC NJ, Civil Action No. Mr. 2 million. Antar died in Ocean Township, New Jersey, home on Saturday. In a statement given by Sam E. Crazy Eddie may have died rich. Antar, a former CPA and former CFO of a family-run business, Crazy Eddie, Inc. 3 million common shares outstanding. The Father’s an over the top, avid Yankee fan. After hearing that another Antar was in trouble, I called former Crazy Eddie executive Sam E. business. (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. Antar died in Ocean Township, New Jersey, home on Saturday. He died in 2016 at the age of 68. The elder Mr. The bidders said that they already owned 14 percent of Crazy Eddie's 31. Known as Eddie Antar, he became a pioneer. 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. This new half-hour series. The father of five's cause of death has not been made public. New York Post photo composite More On: cons If. (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. 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”Wife of “Crazy Eddie”. Eddie Antar was 68. Zinn and Mr. Eddie Antar, the chain's founder, and his brothers Mitchell and Allen were accused of pocketing more than $80 million by selling artificially valued stock. Antar, who having started. Other co-conspirators pleaded guilty to various crimes, cooperated with the government investigations of Crazy Eddie, and testified at. 0:00. 18, 1947, the grandson of Syrian Jewish immigrants. Soon after, Sam. On one cold February night in 1977, Eddie Antar walked out of an Upper West Side discotheque called Hurrah's and was attacked by two men. 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. 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. Along with my cousin Eddie Antar, his father Sam M. Antar’s death was confirmed on Monday by the Bloomfield Cooper Jewish Chapels. Antar (Eddie’s father) also wanted to dump 800,000 shares of stock (worth about $20 million). the another true-crime story called "The Eels of Electronics", Where it should based on Eddie and Sam M. All groups and messages. As Crazy Eddie collapsed, newly uncovered documents show, Mr. Founded by father and son team Sam M. 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. ) Sam E. Eddie Antar, the electronics kingpin who once presided over a retail empire spanning four states, died Saturday, according to a family member. Find a Grave Memorial ID: 169825229. Added: 25 Apr 1998. Sam M. Allen Antar, 48, of Oakhurst, New Jersey, is one of Eddie's brothers. Antar, 41 years old, and two other executives violated insider trading laws by selling more than $60 million of their private holdings in Crazy Eddie stock at a time when the. All groups and messages. A certified public accountant, he had. For more than 13 years, Jerry Carroll, a radio DJ, was the man who starred in thousands of Crazy Eddie radio and TV ads. Eddie Cantor. Employee Rating. It’s about family, business, ambition, money, and betrayal. Ackerman ordered. OCEAN TOWNSHIP, N. Sometime in the morning on June 26, Lillian Rosen had been informed by Amelia Arazie that Amelia's daughter, Teri Arazie, had seen in the Proxy Statement a reference to Deborah as "the former wife of Eddie. Crazy Eddie. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades after their business ende. Nearly 30 years after the fact, the. Eddie Antar came from a low rent neighborhood in Brooklyn from a family of merchants. Grinberg faces up to five years in prison and $250,000 in fines when he is sentenced on May 28. " Eddie Antar, co-founder of the Crazy Eddie electronic retail chain, died Saturday at age 68. 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. EXCLUSIVE: Entertainment One has set up Insane, a film based on the wild life of Eddie Antar, the late consumer electronics king who wound up serving six years in prison for perpetrating one of the…EDDIE ANTAR, SAM E. District Judge Harold A. e. 89-3773, NHP] (LR-13509) CORRECTION A heading in the February 1 issue of the Digest inadvertently stated there was a. 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. " App. ' De-spite this modest beginning, Antar would eventually dominate the retail consumer electronics market in the New York City metropolitan area. . S. 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. Crazy Eddie was a consumer electronics empire built on hype. C. . This particular great American scam is told in painstaking detail by Gary Weiss in “Retail Gangster: The INSANE, Real-Life. 0. Antar fled the country in 1990 and two years later was arrested in Israel. Several of the employees of. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. Natalie was the second Cantor daughter and truly the hardest one to find information on. Masterminds. 143-145. Carella, the court appointed Trustee/Receiver (Trustee/Receiver) for all of the assets of Eddie Antar, has recovered and returned to the United States $1,035,000 (US) from an account Antar controlled at a Montreal branch of a Canadian bank. 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. In 1972, the “fair trade law” was removed and many consumers viewed Eddie as a “retail. In a deeply personal battle intertwined with her legal actions, Antar is currently involved in a custody dispute over her daughter. J. Antar, who went into business with his father, turned Crazy Eddie into the largest electronics chain in the New York metropolitan area. 2 (emphasis added). The elder Antar cooked the. Aggressive, arrogant, and dictatorial are the words that best describes the way Eddie Antar's leadership. Crazy Eddie began as a family-controlled operation with Eddie Antar as the key. An Audacious Start: Eddie Antar was born in Brooklyn, New York, on Dec. Visit White Bear Lake Superstore in White Bear Lake #MN serving Minneapolis, St. Dealership Rating. Antar lives in Brooklyn. Commission on September 6, 1989, in which the Commission alleges that Eddie Antar, Sam E. Filed: 1995-04-12 Precedential Status: Precedential Citations: 53 F. ’ My grandparents ‘Gnoomer and ‘Yuajangan’ married on the Gnowangerup mission in the early 1900s and that was where their daughter, my mother,. 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. The commercials were parodied in the movie “Splash. Wednesday, Sam Antar was sentenced to 21 months in federal prison in connection with his own investment scheme that went sour. Aug. He and members of his family were too busy engineering a $120 million rip-off. The complete story of the rise and downfall of Eddie Antar and the Crazy Eddie chain is told in a new book called “Retail Gangster: The INSANE, Real-Life Story. Dan Hulshizer / AP. Growing up poor he had dreams and aspirations of becoming a household name. Antar's lawyer estimates there have been default judgments rendered against Antar for about $260 million. 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. Antar's minor children. The screenplay was written by Peter Steinfeld. 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. In November 1986, Mr. 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. (the "Class Complaint"), Eddie Antar realized cash proceeds of $72,245,649, his father Sam M. Eddie Antar died in 2016. This provided Eddie Antar, the owner of Crazy Eddie, the motivation to circumvent the law. Maxene Andrews. 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. In 1989, Sirota filed a civil suit against Antar who was still in the US. With the help of his popular commercials – which aired for nearly 15 years and. Antar, who went into business with his father, turned Crazy Eddie into the largest electronics chain in the New York metropolitan area. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. In 1987, Eddie Antar was forced out, and a physical inventory undertaken by new management revealed that $40 million of merchandise did not exist. 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. 1669 Henrietta Maria, French-born daughter of Henry IV of France and queen of Charles I of England (b. S. Eddie, Ronnie, and Sam M. United States of America v. But Eddie Antar aggressively courted the investment. Antar, which is to continue next week, has bolstered the government’s contention that Eddie Antar, along with his brothers Mitchell and Allen, bilked stockholders of $80 million before the chain collapsed in the late 1980s. By. 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. EDT 5 Min Read. . Marvin Jemal and Eddie Antar, the head of Crazy Eddie, shared an affection for dogs, for example. Dealership Rating. All groups and messages. 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. Eddie Antar, et a1. 10 at the age of 68. m. 1609) 1676 Gerrard Winstanley, English religious reformer (b. Michael Cohn. Antar. Judge Ackerman began his opinion as follows: There is perhaps no more insidious drain on the. , and former employees Eddie Gindi and Kathleen Morin participated in a massive financial fraud by which Crazy Eddie materially overstated. As anyone who has been exposed to the news this past week can tell you, Eddie Antar, a/k/a Crazy Eddie, passed away on September 10, 2016. TUCKER The Atlanta Regional and Miami Branch Offices announced that, on June 26, the Honorable Jose A. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. S. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud TV commercials. Charles Carella Obituary. United States v. 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. Antar founded Crazy Eddie in 1975 with one store and built it into a discount electronics giant with outrageous television commercials that featured a deranged-looking actor shouting, 'Shop at. 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. There, the founder and chief executive of Crazy Eddie Inc. He had a mistress. Although Eddie Antar founded the company, Sam. The real Eddie, last name Antar, was born in 1947 to Sam M. Actor, Comedian, Dancer, Film Producer, Screenwriter, Composer, Author. Antar, and was previously named ERS Electronics . 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 fraud to feed a gambling habit. CHAPTER 7 The Antar Complex: Eddie Antar There’s a scene in the movie Splash when the mermaid, played like a fish out of water by Darryl Hannah, wanders into Bloomingdale’s. A cause of death was not disclosed. " App. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. E. Learn more about the CPE. In 1984, the chain went public. 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. Apr 05, 2021. Antar eventually pleaded guilty to. Antar. The Crazy Eddie chain, which closed in 1989, didn’t just execute one big scam, it ran dozens of them at once. Available on Prime Video, Tubi TV, Amazon Freevee. 9 million to disgorge profits from Eddie’s illegal stock sales. Crazy Eddie was a consumer electronics empire built on hype. Three years later, he was extradited back to the U. Antar vanished from the United States after. , helped mastermind with his cousin, Eddie Antar, and uncle, Sam M. In 1993 Eddie Antar, left, was convicted on racketeering and stock fraud charges. Antar eventually sold out for a large profit, but stockholders lost huge amounts of money when Crazy Eddie filed for bankruptcy in 1989 and then went out of business. Around 1972, WCBS-FM account representative Norm Golden talked Eddie Antar into buying radio advertising for $5 a spot. Maintained by: Find a Grave. Eddie Antar died in 2016. 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. Sam later became the. Antar, Mitchell Antar, Isaac Kairey, and David Panoff, former officers and directors of Crazy Eddie, Inc. View More Reviews on. 1650 West 82nd Street, Suite 600, Bloomington, MN 55431. Other co-conspirators pleaded guilty to various crimes, cooperated with the government investigations of Crazy Eddie, and testified at. United States of America v. Eddie Antar, his father Sam MAntar. NEWARK, N. Antar's. 31 (30% off) Clothing. DEBORAH ROSEN ANTAR Eddie's first wife. He was extradited and in 1992, in a plea bargain agreement, pleaded guilty to a single charge of racketeering. OCEAN TOWNSHIP - The man who turned the “Crazy Eddie” electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Along with my cousin Eddie Antar, his father Sam M. On one occasion, Murad was carrying thousands of dollars in cash and thought he was being followed. The Crazy Eddie, Inc. . Sam E. Antar. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades. JTA — Crazy Eddie was a consumer electronics empire built on hype. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Former Crazy Eddie store pitchman Jerry Carroll, center, and Alan Antar, brother of store founder Eddie Antar, at a 1998 opening. Antar. The bean counters at Green Mountain Coffee Roasters have a new watchdog on their case, and he smells trouble brewing. The complaint alleges, for example, that (1) Crazy Eddie founder Eddie Antar and other officers skimmed cash from store receipts prior to Crazy Eddie's initial public offering in September 1984 causing post-offering gross sales falsely to suggest extraordinary growth; (2) they later placed some of this skimmed cash into the cash registers of. Not until Eddie Antar fled to Israel to escape fraud charges did I realize the TV spokesnut and CEO. Among his clients were Donald J. Crazy Eddie dominated the New York airwaves from the mid-seventies until bankruptcy in 1989. By 1987,. By 1989 the company was bankrupt. Crazy Eddie was founded in 1969 by Eddie Antar and his father, Sam M. Stiff Sentence. 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. The Early Years. Family turmoil persisted and. Podcast Duration: 56 min, 22 sec. The insularity of the organization was reflected in the ranks of employees who belonged to the tightknit Syrian community. He has since admitted helping to mastermind one of the largest securities frauds of its time,. 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.