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 The original store was located at 1117 Kings Highway in Brooklyn, New Yorkeddie antar daughter  On this episode of Dirty Money, co-hosts Jon Small and Dan Bova speak with Gary Weiss,

In 1965, Natalie married actor Robert Clary. Editor-in-chief, AccountingToday. Brooklyn, New Jersey. 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. She was discharged Saturday and her aunt and uncle. S. The elder Mr. ”. Its name was Crazy Eddie. . Ms. published March 27, 2019. A cause of death was not disclosed. Antar, Vol. , helped mastermind with his cousin, Eddie Antar, and uncle, Sam M. 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. "I remember Marvin buying Eddie a dog, or maybe Eddie bought one for Marvin," Mr. BROOKLYN-- He was known as Crazy Eddie. Charles Carella Obituary. Kuzser refused, and the dispute began to fester. Eddie Antar died in 2016. Deadline reports the following rundown of the story of Crazy Eddie: Antar opened. OCEAN TOWNSHIP - The man who turned the “Crazy Eddie” electronics stores into a retail giant before it collapsed amid federal fraud charges has died. During the 1980’s Sam E Antar was the Chief Financial Officer of Crazy Eddie. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. Antar started in the early '70s with a single electronics store in Brooklyn and his empire eventually grew to 43 stores in four states. At the age of 20 years old, Antar opened up his very first store, Crazy Eddie. He was 68. Litig. The chain grew rapidly during the years when the VCR hit the market. Editor's note: This article appeared in the June 5, 1989 issue of Crain's New York Business. 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. New Jersey against Eddie Antar, Sam E. The government and various civil litigants recovered over $75 million from Eddie and $2 million from Mitchell. Electronics kingpin "Crazy Eddie," left, died Saturday at the age of 68. The commercials were parodied in the movie “Splash. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. 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. 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. Eddie was a millionaire, with roughly 53 million dollars in. We’ll follow up on a story about the spotted lanternfly, an invasive pest the experts say you should kill. , USDC NJ, Civil Action No. Headquartered in Edison, it grew to 43 stores in four states. 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 born in New York in 1947 and with his relatives set up discount electronics store Sight and Sound in 1969. 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. It also evokes the saga of the Syrian. Eddie and Allen Antar, and a third brother, Mitchell, were charged in August with stock fraud. Eddie Antar, his father Sam MAntar. "Crazy" Eddie Antar. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud. S. In 1972, the “fair trade law” was removed and many consumers viewed Eddie as a “retail. He was convicted. Eddie Antar, his father Sam M. + Follow. United States. Ms. Check resumes and CV, places of employment, news, social media profiles, photos and videos, public records, skilled experts, arrest records and business records. 1609) 1680 Baldassare Ferri, Italian castrato singer, dies at 69;. 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. By 1989 the company was bankrupt. . Eddie Antar, Who Started The Crazy Eddie Chain With 'Insane!'. Much like Frank Abagnale Jr of Catch Me If You Can. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. 1051. Maxene Andrews. 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. Eddie Antar, his father Sam M. Dan Hulshizer / AP. In 1971, Eddie Antar purchased Ronnie Gindi's share of ERS electronics for $25,000 in cash. Other co-conspirators pleaded guilty to various crimes, cooperated with the government investigations of Crazy Eddie, and testified at. UMASS Boston Eddie Antar Crazy Eddie. 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. Antar died in Ocean Township, New Jersey, home on Saturday. Crazy Eddie dominated the New York airwaves from the mid-seventies until bankruptcy in 1989. e. Antar, who having started. Between that time and November 1987, although not in all cases throughout that period, the individual defendants were its directors or officers. Antar was released from prison in 1999. 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. 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. pdf) or read online for free. 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 kid is a degenerate gambler,” Sam. Allen Antar, 48, of Oakhurst, New Jersey, is one of Eddie's brothers. Around 1972, WCBS-FM account representative Norm Golden talked Eddie Antar into buying radio advertising for $5 a spot. Antar died in Ocean Township, New Jersey, home on Saturday. 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. J. And interesting enough, Danny DeVito is set to direct a biopic about his life. 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. By. 10. 9 million to disgorge profits from Eddie’s illegal stock sales. Eddie's father, Sam, who openly sympathized with his daughter-in-law, suffered a heart attack days after the New. 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. App. Eddie Antar was a Brooklyn-born businessman who in 1971 started the electronic retail store, “Crazy Eddie. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. Bush's daughter Dorothy marries Bobby Koch; Jun 30 Actress Cecil Hoffman (Zoe-LA Law) marries Paul. Crazy Eddie may have died rich. In 1981, Sam passed the CPA. Had the auditors invested the time and expense to investigate Eddie before accepting him as a client, they perhaps would. Family turmoil persisted and. In addition. 6 earthquake. Three decades after it collapsed under the immense weight of a. Antar. A certified public accountant, he had. No cause was given. Crime Jul 15, 2003 23 min. Antar was sentenced pursuant to his plea of guilty to racketeering conspiracy in connection with a securities fraud and insider trading scheme at. 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. Although Eddie. and found guilty of racketeering and stock fraud. Antar, Mitchell Antar, Isaac Kairey, and David Panoff, former officers and directors of Crazy Eddie, Inc. Antar, 44 years old, was indicted for defrauding Crazy Eddie stockholders of $83 million and was the subject of a two-year international hunt. Their prices were insane. But Eddie Antar aggressively courted the investment. By Jackie Wattles. Eddie's cousin Sam Antar, tells us how they did it and. Eddie's first ad aired in 1975, when New York was at a bit of a low point. Michael was Eddie Cantor's first grandchild. Crazy Eddie Antar. The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Jun 24 Eddie Antar, American CEO (Crazy Eddies), facing $74M stock fraud charges, caught in Israel;. 0:00. Birdman of Alcatraz. Eddie Womber Williams’ family recorded that Noongar names have a specific meaning. m. Several of the employees of. Carroll's fast-talking, shout-at-you. Cofounder of the electronics retail chain Crazy Eddie, Inc. A cause of death. Cofounder of the electronics retail chain Crazy Eddie, Inc. 3d 568, 3rd Cir. Entrepeneur. Speaking at a fraud seminar Friday co-sponsored by the Center for Audit. Eddie Antar (Antar), Charles C. 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. 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. 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. Among his clients were Donald J. Antar's uncle hid up to $3. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. — The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. 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. Eddie Antar, 47, was sentenced to 12 1/2 years in prison and ordered to repay $121 million to investors. Palmieri not only ousted Mr. EDT 5 Min Read. New Yorkers know the company — which imploded when. 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. Published Sep 15, 2016. CNNMoney (New York) First published September 11, 2016: 6:59 PM ET Eddie Antar,. Danielle Antar: Birthdate: estimated between 1952 and 2012 : Death: Immediate Family: Daughter of Eddie Antar and Private Sister of Private; Private; Private; Private and Private . 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. 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. Entrepreneur Eddie Antar grew his chain of discount stores in the New York of the 1970s with unforgettably loud TV commercials, a. The money involved was dwarfed by the Crazy Eddie saga, which bilked. 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 . Post a Question. 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. Antar's. " App. Crazy Eddie - Masterminds (Season 1, Episode 1) - Apple TV. Sammy pleaded guilty to three felonies. Eddie skipped town and Sam, all alone, was forced to testify against his own family to avoid. Eddie Antar was born on 18 December 1947, in Brooklyn, New York City, New York, United States as the son of Sam Antar. Eddie married first name Antar (born Rosen) . (AP) — The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Px 44 at 1 n. Paul and Twin Cities #1GNEVGKW7MJ169537Eddie Antar Found 11 people in New York, New Jersey and 4 other states. 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. 1650 West 82nd Street, Suite 600, Bloomington, MN 55431. Criminal. Today, Eddie Antar's cousin Sam E. The Antar family criminal enterprise ranged from under-reporting income taxes in the 1970s. An Audacious Start: Eddie Antar was born in Brooklyn, New York, on Dec. 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. 18, 1947, the grandson of Syrian Jewish immigrants. In Episode 124 of Fraud Talk, Gary. Insane will focus on Sam E. Antar's relatives. During the 1980s, I helped mastermind with my cousin Eddie Antar and Uncle Sam M. 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. $24. Eddie Antar was 68. C. 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. In 1976, Larry Weiss, Crazy Eddie’s advertising director, hired WPIX-FM disc jockey Jerry Carroll as the official face of Crazy Eddie. 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. . The notoriety of this case has continued into the 21st century. Antar is the former businessman who cooked the books at Crazy Eddie. Antar was an intelligent youth but found school boring, dropping out at. 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. — Herb Greenberg (@herbgreenberg) September 10, 2016 "Love him/hate him, he was an original. 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. Find a Grave Memorial ID: 168. Antar lives in Brooklyn. He died in 2016 at the age of 68. Actor. But looking back at all of it, the entire story of Eddie Antar — forget about his prices — was insane. Employee Rating. 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. July 15, 1993; Credit. 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. Download. Other attempts have. 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. Today, Carroll is considered to be one of the greatest spokespeople in advertising history. Eddie Antar was 68. Antar, 75, of West End, New Jersey. Antar, a close friend and cousin of Eddie Antar, joined the company and became its controller. Although the conviction was overturned, he eventually pleaded guilty and was sentenced to eight years in prison. He took the electronics chain from one store in Brooklyn, N. American broadcaster (Coke Time with Eddie Fisher, Robbins Nest), dies at 72; Jun 24 Juris. 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. 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. who sided with their daughter-in-law. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. “More than anything else, I miss the variety of New York,” said Eddie Antar, 58, of the Inwood section of Manhattan. Highly recommend him to all shoppers. 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. " It's a colorful story from the early days of home PC sales. JNi. Mr. In 1989, Sirota filed a civil suit against Antar who was still in the US. 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. Soon after, Sam. Michael Cohn. The difference between a 4% increase in sales and the 10% increase in same store sales expected by Wall Street analysts was about $2. Gonzalez, Jr. 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. Ct. The Bloomfield-Cooper. The Antar family committed a laundry list of scams making it look like business was booming. Antar, one of the largest securities frauds of its time This securities fraud cost investors hundreds of millions of dollars, cost many people. Y. I am glad we were able to make our Truck purchase from Eddie Antar. J. 3 million common shares outstanding. After Eddie fled the country, Sammy offered to testify for Federal prosecutors in exchange for immunity. 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. EDT 1 Min Read. Fled to Israel in February 1990 to avoid prosecution with $53 million in Swiss bank accounts. 12, 2022 Good morning. Antar. Antar. Masterminds. (3) 1984-1987: As a public company. Few things evoke the New York of a particular era the way "Crazy Eddie! His prices are insaaaaane!" does. m. This particular great American scam is told in painstaking detail by Gary Weiss in “Retail Gangster: The INSANE, Real-Life. Subscribe to FAQ NYC on Apple, Spotify, or pretty much everywhere podcasts are found. Eddie (Samuel) Antar was born on month day 1947, in birth place, New York, to Samuel (Murad) Antar and Rose (Abraham) Antar (born Tawil). ¶ 33(F). 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. 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. Money laundering is a three-step process of placement, layering and integration that is clearly illustrated in Crazy Eddie’s scheme. Antar on how the illegal schemes had been carried out. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades. , to — at its height. Inside The Mind Of A Financial Criminal : Planet Money The family behind Crazy Eddie, the electronics store, ran a massive fraud for years. 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. He stayed out of jail by turning on several others, including his cousin, Eddie Antar, who was Crazy Eddie’s co-founder. C. By Peter Carbonara Sam Antar testified against his cousin, Crazy. 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 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. The film is being financed by eOne. ’ My grandparents ‘Gnoomer and ‘Yuajangan’ married on the Gnowangerup mission in the early 1900s and that was where their daughter, my mother,. Eddie Antar finally pled guilty in 1996 for conspiracy and racketeering and spent seven years in prison. The family business grew into a chain with. By Peter Carbonara Sam Antar testified against his cousin, Crazy. Crazy Eddie. ET Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, a new book reveals. Carella, Esq. Eddie Antar made more than $74. ET Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, a new book reveals. By Niraj Chokshi Sept. Eddie had 3 siblings. Fled to Israel in February 1990 to avoid prosecution with $53 million in Swiss bank accounts. Growing up poor he had dreams and aspirations of becoming a household name. m. Antar was the primary person that told me. District Judge for the Southern District of Florida granted the Commission's Kotion AsFor Order Of Dismissal. He built “Crazy Eddie’s” into a publicly traded $300 million company with many franchise locations. Eddie Antar Daniel Hulshizer/Shutterstock. 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 was having an crimes such as. 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. Not until Eddie Antar fled to Israel to escape fraud charges did I realize the TV spokesnut and CEO. Although Eddie Antar founded the company, Sam. DEBORAH ROSEN ANTAR Eddie's first wife. Sam later became the. 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. 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). Eddie Antar, et a1. Money laundering is a three-step process of placement, layering and integration that is clearly illustrated in Crazy Eddie’s scheme. ANTAR, MITCHELL ANTAR, ISAAC KAIREY, DAVID PANOFF, EDDIE GINDI, AND KATHLEEN MORIN, Civil Action No. Per their story: Antar opened his. Apr 05, 2021. Added: 25 Apr 1998. Chertoff said. For more than 13 years, Jerry Carroll, a radio DJ, was the man who starred in thousands of Crazy Eddie radio and TV ads. Dec 4, 2017 6:43 PM EST. Crazy Eddie began as a family-controlled operation with Eddie Antar as the key. Eddie Antar, et a1. 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. Commission on September 6, 1989, in which the Commission alleges that Eddie Antar, Sam E. This book is worth your time, and Weiss should be saluted for his work. Eddie Antar, Retailer and Felon Who Created Crazy Eddie, Dies at 68. By Peter Carbonara Sam Antar testified against his cousin, Crazy. Mitchell Antar has resigned as executive vice president and chief operating officer of Crazy Eddie Inc. Antar was eventually busted and forced to describe to US investigators precisely how he had laundered money through Bank Leumi. Gender: Male Religion: Jewish Race or . The testimony of Sam E. Prices, Dies At 68. Eddie had 3 siblings. Police officers lurked at every airport. In the process, he kicked off a discounting frenzy that proved a boon for consumers but didn’t translate well on Wall Street. provided similar testimony for fiscal. C. To survive in business, Eddie Antar resorted to circumventing fair trade by discounting merchandise to customers. The insularity of the organization was reflected in the ranks of employees who belonged to the tightknit Syrian community. In a filing with. Apr 05, 2021. Katy Perry & Orlando Bloom’s Daughter Daisy Dove Makes Public Debut at Vegas. New Jersey Department of Corrections. In 1987, Eddie Antar was forced out, and a physical inventory undertaken by new management revealed that $40 million of merchandise did not exist. Much of the ill-gotten loot was placed. Eddie Antar, better known as “Crazy Eddie,” is a very prevalent fraudster in the world of accounting. He had a mistress. opened its. Provide details on what you need help with along with a budget and time limit. She and her daughters paid $3. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. Sam Antar’s cousin Eddie Antar was the mastermind behind the various schemes and hired his relatives to work at the electronics chain to help aid and abet the fraud. Sam A. 2 (emphasis added). The real Eddie Antar didn’t have time for acting. Since that time, the SEC. As breathless sales pitches occasionally remind us, everything must go. Eddie Antar (Crazy Eddie) dominated the retail consumer electronics market in the New York City metropolitan area. 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. I committed my crimes, simply because I could. Mr. "A. View More Reviews on. Crazy Eddie's eventually went public and had a valuation of $600 million. . In addition. The bean counters at Green Mountain Coffee Roasters have a new watchdog on their case, and he smells trouble brewing. The Bloomfield-Cooper Jewish Chapels in New Jersey confirmed Antar’s death to CNNMoney on Sunday. He was extradited to the United States in early 1993 to stand trial. The younger Antar, who had become Crazy Eddie’s CFO, pled guilty to charges of securities and mail fraud conspiracy and obstruction of justice. Behind the scenes and the screams, Eddie Antar never met a scam he didn't love and was a pathological liar. Deborah Joyce Antar currently resides in New York, New York. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. (Eddie spent several years in prison. In a brief scuffle, Mr. Judge Ackerman began his opinion as follows: There is perhaps no more insidious drain on the. S. Although Eddie Antar founded the company, Sam. (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. . Media - 9 Elul 5776 – September 12, 2016. In November 1986, Mr. overstated its. E. Eddie Antar served over 6 years in prison and Mitchell Antar served approximately 2 years. Wednesday, Sam Antar was sentenced to 21 months in federal prison in connection with his own investment scheme that went sour. “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. Mr. In 1988, soon after the S. Antar. Financial backing for the business will come largely from the family matriarch, Rose Antar, the 72-year-old mother of Eddie and Mitchell who, with her husband, Sam, 76, helped start the business. Antar vanished from the United States after. Eddie Antar paid for Sam to learn accounting so he could eventually work at the growing company’s small auditing firm, Penn and Horowitz. — Herb Greenberg (@herbgreenberg) September 10, 2016 "Love him/hate him, he was an original. Eddie Antar started the chain in 1969 with a store in Brooklyn, N. This was viewed by the customers in a great way, resulting in a large loyalty from his customers. 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. Eddie was a family man, a ladies man, and a rich man. See full article at Den of Geek ». Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. 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. 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. He previously broke the news of Eddie Antar's death in 2016 and later authored a first-person memoir of his experience there. 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. .