Chertoff said. Antar is the former businessman who cooked the books at Crazy Eddie. In other words, he turns the complicated and baffling into simple and understandable. Managed by: Private User Last Updated: April 29, 2022His cousin, chief executive Eddie Antar, ultimately went to prison for about seven years. , and former employees Eddie Gindi and Kathleen Morin participated in a massive financial fraud by which Crazy Eddie materially overstated. 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. 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 . Paul and Twin Cities #1GNEVGKW7MJ169537Eddie Antar Found 11 people in New York, New Jersey and 4 other states. 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. J. Crazy Eddie. By Peter Carbonara Sam Antar testified against his cousin, Crazy. His cousin Eddie Antar, the company’s CEO, fled to Israel in 1990. Other co-conspirators pleaded guilty to various crimes, cooperated with the government investigations of Crazy Eddie, and testified at. Antar, Mitchell Antar, Isaac Kairey, and David Panoff, former officers and directors of Crazy Eddie, Inc. Antar. E. Deadline reports the following rundown of the story of Crazy Eddie: Antar opened. In addition. Eddie Antar was 68. In July 1984, Sam E. What they got, instead, was another Antar. Eddie Antar died in 2016. 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. 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. The man who turned the "Crazy Eddie" electronics stores into a retail giant before it collapsed amid federal fraud charges has died. , with his family at his side. Convicted fraudster Sam Antar, who acted as CFO for the electronics chain Crazy Eddie in the 1980s, told a group of accountants Friday that the potential for fraud has been growing worse in recent years, despite Sarbanes-Oxley. Antar, Mitchell Antar, Isaac Kairey, and David Panoff, former officers and directors of Crazy Eddie, Inc. 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. . O. Crazy Eddie began as a family-controlled operation with Eddie Antar as the key. (1995) - Free download as PDF File (. Litig. View contact information: phones, addresses, emails and networks. The elder Antar cooked the. Eddie. 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. 524K subscribers 59K views 15 years ago Their prices were insane. Antar is serving his second sentence Sam Antar, the felonious former CFO of Crazy Eddie, is now teaching students and prosecutors how to spot fraud in public companies. For more than 13 years, Jerry Carroll, a radio DJ, was the man who starred in thousands of Crazy Eddie radio and TV ads. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades. She was discharged Saturday and her aunt and uncle. m. In addition. Antar, 75, of West End, New Jersey. Antar lives in Brooklyn. , U. Eddie Antar, Retailer and Felon Who Created Crazy Eddie, Dies at 68. She was first married to a Joesph Lewis Metzger and had a son Michael on October 18, 1939. Apr 05, 2021. Three decades after it collapsed under the immense weight of a. 0:00. The insularity of the organization was reflected in the ranks of employees who belonged to the tightknit Syrian community. , helped mastermind with his cousin, Eddie Antar, and uncle, Sam M. With the help of his popular commercials – which aired for nearly 15 years and. All groups and messages. , founder of the Roseland-based law firm of Carella, Byrne, Cecchi, Olstein, Brody, and Agnello, P. 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. Eddie Palmieri's ConjuntoBorn in 1947, Antar opened his first Crazy Eddie electronics store when he was in his early 20s, in Brooklyn, N. S. During the 1980s, I helped mastermind with my cousin Eddie Antar and Uncle Sam M. In 1989, Sirota filed a civil suit against Antar who was still in the US. Much of the ill-gotten loot was placed. Family turmoil persisted and. Antar, but also dismissed virtually all of Crazy Eddie's current management, including a number of Mr. In June 1992, the law finally caught up with Eddie Antar, alias David Cohen. 1609) 1680 Baldassare Ferri, Italian castrato singer, dies at 69;. Antar died in 2016. Mr. Few things evoke the New York of a particular era the way "Crazy Eddie! His prices are insaaaaane!" does. Licensed to: iChapters User CASE 1. In Episode 124 of Fraud Talk, Gary Weiss, author of “Retail. The money involved was dwarfed by the Crazy Eddie saga, which bilked. S. Rider University. 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. Through a combination of fraud, chutzpah and an irritating, decade-long TV pitch, Antar turned a. Eddie Antar And Daughters Philanthropic Fund, Inc. Eddie married first name Antar (born Rosen) . Headquartered in Edison, it grew to 43 stores in four states. In 1984, Eddie Antar divorced his wife, and the Crazy Eddie family organization began to fracture. 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. 89-3773, NHP] (LR-13509) CORRECTION A heading in the February 1 issue of the Digest inadvertently stated there was a. Maintained by: Find a Grave. 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. Sam A. Eddie Antar, his father Sam MAntar. Antar’s death was confirmed on Monday by the Bloomfield Cooper Jewish Chapels. In a brief scuffle, Mr. J. The girl had been at the hospital since hours after the Feb. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. , a leading consumer electronics retailer in NY. Wall Street swooned. Antar’s death on Saturday was. The father of five's cause of death has not been made public. View More Reviews on. (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. 1528. 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. Antar, the. JNi. Sam A. Eddie's first ad aired in 1975, when New York was at a bit of a low point. Whoa, he’s still got his Crazy Eddie. 8 Crazy Eddie, Inc. 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. Visit White Bear Lake Superstore in White Bear Lake #MN serving Minneapolis, St. Eddy Antar, Eddie Antar's uncle, was corporate treasurer. Several of the employees of. Eddie (Samuel) Antar was born on month day 1947, in birth place, New York, to Samuel (Murad) Antar and Rose (Abraham) Antar (born Tawil). His cousin, Sam E. 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. The Early Years. Antar, a former accountant and criminal convicted for his role in perpetrating millions of dollars worth of tax and securities fraud, appeared at. "I remember Marvin buying Eddie a dog, or maybe Eddie bought one for Marvin," Mr. 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. Antar was the primary person that told me. Growing up poor he had dreams and aspirations of becoming a household name. 5 million shares - at $14 a share. Police officers lurked at every airport. Eddie Antar was born on 18 December 1947, in Brooklyn, New York City, New York, United States as the son of Sam Antar. , had 43 retail outlets, sales exceeding $350 million, and outstanding stock with a collective market value of $600 million. business. . Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. In 1984, the chain went public. New Jersey against Eddie Antar, Sam E. September 12, 2016, 10:34 a. Mitchell Antar, in 94-5228. Antar. 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. In 1971, Eddie Antar purchased Ronnie Gindi's share of ERS electronics for $25,000 in cash. For reprint and licensing requests for this article, click here. The government and various civil litigants recovered over $75 million from Eddie and $2 million from Mitchell. Behold, The another logo over. who sided with their daughter-in-law. The Bloomfield-Cooper. 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. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. Eddie was a family man, a ladies man, and a rich man. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Sam Antar, the felonious former CFO of Crazy Eddie, is now teaching students and prosecutors how to spot fraud in public companies. In a statement given by Sam E. The Father’s an over the top, avid Yankee fan. 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”Eddie Antar, the electronics retail giant known as "Crazy Eddie" in his infamous commercials, has died at age 68. Because of his. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. — Herb Greenberg (@herbgreenberg) September 10, 2016 "Love him/hate him, he was an original. The fraud at Crazy Eddie was one of the longest running in modern times, lasting from 1969. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud. After Antar fled. Post a Question. Eddie Antar once reigned over an electronics chain with 43 locations in New York, New Jersey, Pennsylvania and Connecticut, NJ Advance Media reported. Updated Sep. Shop Crazy Eddie clothing on Redbubble in confidence. Download. In 1972, the “fair trade law” was removed and many consumers viewed Eddie as a “retail. 28-Jan-1890. In Episode 124 of Fraud Talk, Gary Weiss, author of “Retail Gangster. 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. Y. 9 million to disgorge profits from Eddie's illegal stock sales. 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. The elder Mr. m. 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. 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. 3 million common shares outstanding. I am glad we were able to make our Truck purchase from Eddie Antar. Eddie Antar, 47, was sentenced to 12 1/2 years in prison and ordered to repay $121 million to investors. In 1981, Sam passed the CPA. 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. org. He was 68. Antar to learn accounting so he could eventually work at the growing company’s small auditing firm, Penn and Horowitz. Tuesday night to share the. Mr. 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. Eddie Womber Williams’ family recorded that Noongar names have a specific meaning. Eddie married first name Antar (born Rosen) . 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. Aggressive, arrogant, and dictatorial are the words that best describes the way Eddie Antar's leadership. I committed my crimes, simply because I could. Antar vanished from the United States after. Eddie Antar, who hired a radio disc jockey to portray him in the iconic TV. Antar, who is now 44 years old, was apparently laying the groundwork for a new life. sentenced Eddie Antar, formerly the Chairman and Chief Executive Officer of Crazy Eddie, Inc. ) Sam E. S. I am a former CPA and former Chief Financial Officer of Crazy Eddie, Inc. 3d 568, 3rd Cir. Sam E. Former Crazy Eddie store pitchman Jerry Carroll, center, and Alan Antar, brother of store founder Eddie Antar, at a 1998 opening. 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. Crazy Eddie. (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. Mitchell Antar, 39, was sentenced to four years in prison and ordered to pay back $3. Although the conviction was overturned, he eventually pleaded guilty and was sentenced to eight years in prison. 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. C. The chain grew rapidly during the years when the VCR hit the market. Stiff Sentence. , committing securities fraud by “going legit”. 0:52. m. At the age of 20 years old, Antar opened up his very first store, Crazy Eddie. 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. Although Eddie Antar founded the company, Sam. 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. Highly recommend him to all shoppers. The elder Antar cooked the. Antar: “1969-1979: Skimming and under-reporting income (tax fraud) prior to the big plan to go public. District Judge Harold A. Crazy Eddie may have died rich. Actor. 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. Y. In 1987, Eddie Antar was forced out, and a physical inventory undertaken by new management revealed that $40 million of merchandise did not exist. During his term as the company's chief executive. June 29, 2012, 4:27 p. 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. View More Reviews on. 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. In 1987, Eddie Antar was forced out, and a physical inventory undertaken by new management revealed that $40 million of merchandise did not exist. Although Eddie Antar founded the company, Sam. Much of the money was sent to a bank account in Israel. The notoriety of this case has continued into the 21st century. Eddie Antar was a Brooklyn-born businessman who in 1971 started the electronic retail store, “Crazy Eddie. Eddie Antar now owned 2/3 of Sights and Sounds and his father Sam M. (3) 1984-1987: As a public company. Benjamin Kuszer, 48, of Brooklyn, New York, is Eddie's brother- in-law. Eddie Antar, center, founder of the Crazy Eddie electronics store chain, is led in handcuffs after being extradited from Israel. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. We discussed that Eddie Antar came from a Syrian family who had always been merchants before they came to the United States in the 1920s. The Bloomfield-Cooper funeral home in Ocean Township, New Jersey, confirmed Sunday that Antar died Saturday. No cause was given. 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. (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. In Episode 124 of Fraud Talk, Gary. Eddie Antar, Who Started The Crazy Eddie Chain With 'Insane!'. Eddie's father, Sam, who openly sympathized with his daughter-in-law, suffered a heart attack days after the New Year's Eve confrontation. Eddie Antar is alleged to have made $75 million during the short public life of Crazy Eddie. pdf) or read online for free. “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. Antar, who helped mastermind the now-defunct consumer electronic business with his cousin, Eddie Antar and uncle, Sam M. Find a Grave Memorial ID: 169825229. Eddie's cousin Sam Antar, tells us how they did it and. As Crazy Eddie collapsed, newly uncovered documents show, Mr. Eddie Antar started the chain in 1969 with a store in Brooklyn, N. . Antar, will provide straight talk and facts as to the dangers of fraud, lack of internal controls, lack of careful auditing, and how criminals take advantage of human nature and the weaknesses of others. Used 2021 Chevrolet Traverse LT Cloth SUV Summit White for sale - only $31,491. 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. Serial fraudster Sam A. 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. said. Along with my cousin Eddie Antar, his father Sam M. , the consumer electronics concern that is the target of two takeover bids. Highly recommend him to all shoppers. Today, Carroll is considered to be one of the greatest spokespeople in advertising history. He stayed out of jail by turning on several others, including his cousin, Eddie Antar, who was Crazy Eddie’s co-founder. 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. 1669 Henrietta Maria, French-born daughter of Henry IV of France and queen of Charles I of England (b. As the story goes, Antar launched his Crazy Eddie franchise in Brooklyn, which quickly grew to a total of 43 stores throughout the New York metropolitan area. 13, 2016 6:16 pm ET. And Rose and Debbie Antar, Eddie Antar's mother and wife, were each drawing $76,000 a year in salary; for what, Oppenheimer couldn't quite figure out. Debbie # 1 confronted Eddie walking to a stretch limousine with Debbie # 2 and a huge street fight erupted between them. Share full article. Antar is serving his second sentenceSam Antar, the felonious former CFO of Crazy Eddie, is now teaching students and prosecutors how to spot fraud in public companies. Headquartered in Edison, it grew to 43 stores in four states. Eddie was a family man, a ladies man, and a rich man. Gonzalez, Jr. The Antar family committed a laundry list of scams making it look like business was booming. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. "A. 12, 2022, 6:22 a. Antar was released from prison in 1999. 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 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. He had a mistress. Antar (Eddie’s father) also wanted to dump 800,000 shares of stock (worth about $20 million). ”. New York Post photo composite More On: cons If. Zinn and Mr. Antar. Eddie's father, Sam, who openly sympathized with his daughter-in-law, suffered a heart attack days after the New Year's Eve confrontation. Highly recommend him to all shoppers. (3) 1984-1987: As a. The chain's growth was helped by the introduction of the VCR. Antar, a window trimmer whose finances revolved around suitcases of cash known as “nehkdi,”. Crazy Eddie was a consumer electronics chain in the Northeastern United States. 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. The elder Mr. Eddie Antar served over 6 years in prison and Mitchell Antar served approximately 2 years. The commercials were parodied in the movie “Splash. Antar died in Ocean Township, New Jersey, home on Saturday. Bush's daughter Dorothy marries Bobby Koch; Jun 30 Actress Cecil Hoffman (Zoe-LA Law) marries Paul. Tweet on TwitterFollowing his time in prison, Antar desperately tried to start one electronics effort after another, but ultimately they all failed. “More than anything else, I miss the variety of New York,” said Eddie Antar, 58, of the Inwood section of Manhattan. Eddie Antar. By. Filed: 1995-04-12 Precedential Status: Precedential Citations: 53 F. Commission on September 6, 1989, in which the Commission alleges that Eddie Antar, Sam E. By 1989 the company was bankrupt. Crazy Eddie was a consumer electronics empire built on hype. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. Eddie and Allen Antar, and a third brother, Mitchell, were charged in August with stock fraud. By Jackie Wattles. Mitchell Antar, in 94-5228. 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. . My name is Sam E. Palmieri not only ousted Mr. Its name was Crazy Eddie. Apr 05, 2021. 18, 1947, the grandson of Syrian Jewish immigrants. OCEAN TOWNSHIP, N. Crazy Eddie. ' De-spite this modest beginning, Antar would eventually dominate the retail consumer electronics market in the New York City metropolitan area. F. Editor's note: This article appeared in the June 5, 1989 issue of Crain's New York Business. Eddie Antar was 68. New Jersey Department of Corrections. Antar, who having started. -- The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Eddie Antar (Crazy Eddie) dominated the retail consumer electronics market in the New York City metropolitan area. 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. Antar eventually pleaded guilty to. . Antar, a close friend and cousin of Eddie Antar, joined the company and became its controller. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. , to — at its height — 43 stores in. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. Antar. e. Eddie Antar, et a1. Michael Cohn. American broadcaster (Coke Time with Eddie Fisher, Robbins Nest), dies at 72; Jun 24 Juris. 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. OCEAN TOWNSHIP - The man who turned the “Crazy Eddie” electronics stores into a retail giant before it collapsed amid federal fraud charges has died. A cause of death. , and a prominent leader in New Jersey legal, government, and Catholic affairs, died peacefully at the age of 89 on November 4th at his home in Cedar Grove, N. He was 68. Share on Facebook. An Audacious Start: Eddie Antar was born in Brooklyn, New York, on Dec. , Inc. Eddie Antar, et a1. Antar was eventually busted and forced to describe to US investigators precisely how he had laundered money through Bank Leumi. , USDC NJ, Civil Action No. “Crazy” Eddie Antar, dubbed the “Darth Vader of Capitalism” by the then. Speaking at a fraud seminar Friday co-sponsored by the Center for Audit. OCEAN TOWNSHIP, N. 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. By Niraj Chokshi Sept. TV-PG. Deborah Joyce Antar currently resides in New York, New York. Entrepeneur. This book is worth your time, and Weiss should be saluted for his work. The Complaint alleges that defendants engaged in activities directed by Eddie Antar as a result of which Crazy Eddie fraudulently . the another true-crime story called "The Eels of Electronics", Where it should based on Eddie and Sam M. The Crazy Eddie chain, which closed in 1989, didn’t just execute one big scam, it ran dozens of them at once. In 1987, Eddie Antar was forced out, and a physical inventory undertaken by new management revealed that $40 million of merchandise did not exist. An Audacious Start: Eddie Antar was born in Brooklyn, New York, on Dec. Antar is the nephew of Eddie Antar, who founded the Crazy Eddie electronics stores in the 1970s and 1980s. The bean counters at Green Mountain Coffee Roasters have a new watchdog on their case, and he smells trouble brewing. owned equal 1/3 shares of ERS Electronics. 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. Crazy Eddie’s fraudulent empire. J. 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. Owner of the famous Crazy Eddie chain of stores. Gender: Male Religion: Jewish Race or . Sam M. He’s got two daughters “his little misses” and a son. Eddie Antar was sentenced last month to.