Deborah Joyce Antar currently resides in New York, New York. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. Apr 05, 2021. Eddie Womber Williams’ family recorded that Noongar names have a specific meaning. Mr. E. 143-145. 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. Few things evoke the New York of a particular era the way "Crazy Eddie! His prices are insaaaaane!" does. Eddie Antar paid for his cousin Sam E. He died in 2016 at the age of 68. Eddie Antar was a bizarre combination of Old World and New World. July 15, 1993; Credit. He was 68. opened its. “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. Ackerman ordered. "A. American broadcaster (Coke Time with Eddie Fisher, Robbins Nest), dies at 72; Jun 24 Juris. "Crazy Eddie had been lying about its numbers since its inception — and the higher the stock soared the further founder Eddie Antar went to maintain the illusion. Lives in Brooklyn. ); Deborah Rosen Antar; Robert S. Antar, who went into business with his father, turned Crazy Eddie into the largest electronics chain in the New York metropolitan area. NEW YORK (JTA) – Crazy Eddie was a consumer electronics empire built on hype. Fled to Israel in February 1990 to avoid prosecution with $53 million in Swiss bank accounts. 0:52. Eddie Antar was born in New York in 1947 and with his relatives set up discount electronics store Sight and Sound in 1969. Wife of World-famous Astronomer and space scientist Carl SaganCrazy Eddie Summations. The elder Mr. Their prices were insane. Eddie Antar, the mastermind behind New York’s infamous Crazy Eddie CE chain, died on Sept. In a filing with. 06755/88 (N. 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. 2016 Eddie Antar, founder and CEO (Crazy Eddie Electronics Store), dies at 68;EDDIE ANTAR AND DAUGHTERS PHILANTHROPIC FUND, INC. 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. The bean counters at Green Mountain Coffee Roasters have a new watchdog on their case, and he smells trouble brewing. Stiff Sentence. Essay, Pages 8 (1852 words) Views. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. Antar owns 11 percent and the Belzbergs the remainder. 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. 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. 1. . We’ll follow up on a story about the spotted lanternfly, an invasive pest the experts say you should kill. . Other attempts have. Subscribe to FAQ NYC on Apple, Spotify, or pretty much everywhere podcasts are found. Eddie's father, Sam, who openly sympathized with his daughter-in-law, suffered a heart attack days after the New Year's Eve confrontation. Sam Antar, the felonious former CFO of Crazy Eddie, is now teaching students and prosecutors how to spot fraud in public companies. In a deeply personal battle intertwined with her legal actions, Antar is currently involved in a custody dispute over her daughter. He has since admitted helping to mastermind one of the largest securities frauds of its time,. He was 68. Daphne Guinness [English] Peter Beard and Cheryl Tiegs, Supermodel, represented Peter Beard. Believe it or not, there really was a real life salesman named Crazy Eddie. Eddie was a family man, a ladies man, and a rich man. Insane will focus on Sam E. 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. 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. Its name was Crazy Eddie. Crazy Eddie dominated the New York airwaves from the mid-seventies until bankruptcy in 1989. He had a mistress. Managed by: Private User Last Updated: April 29, 2022His cousin, chief executive Eddie Antar, ultimately went to prison for about seven years. . And so it is: Eddie Antar, the Eddie from the Crazy Eddie's chain of electronics stores, has died. 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 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. In 1992, he was caught in Israel and, after a lengthy extradition. Paul and Twin Cities #1GNEVGKW7MJ169537Eddie Antar Found 11 people in New York, New Jersey and 4 other states. Growing up poor he had dreams and aspirations of becoming a household name. 12, 2022 Good morning. C. m. 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. I committed my crimes, simply because I could. S. J. The elder Antar cooked the. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. published March 27, 2019. Crazy Eddie was a consumer electronics chain in the Northeastern United States. Aug. By The Associated Press. Share on Facebook. Crazy Eddie - Masterminds (Season 1, Episode 1) - Apple TV. Antar was chief financial officer of Crazy Eddie, a New York electronics retailer that in the 1970s and 1980s claimed “our prices are inSANE” as it bilked investors out of hundreds of millions of dollars. Eddie Antar, the electronics kingpin who once presided over a retail empire spanning four states, died Saturday, according to a family member. 0. Dan Hulshizer / AP. , U. 13, 2016 6:16 pm ET. He became famous by cheating money from women he met through newspaper announcements, by. , committing securities fraud by “going legit”. My name is Sam E. Although the conviction was overturned, he eventually pleaded guilty and was sentenced to eight years in prison. 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. , Inc. He was extradited and in 1992, in a plea bargain agreement, pleaded guilty to a single charge of racketeering. Today, Carroll is considered to be one of the greatest spokespeople in advertising history. Michael was Eddie Cantor's first grandchild. He was extradited to the United States in early 1993 to stand trial. 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. 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. . 524K subscribers 59K views 15 years ago Their prices were insane. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. Highly recommend him to all shoppers. 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. There, the founder and chief executive of Crazy Eddie Inc. ) On July 16, 1990, the SEC obtained a judgment for $73,496,432, plus interest, against Eddie Antar in the United States District Court for the District of New Jersey. Antar on how the illegal schemes had been carried out. , a leading consumer electronics retailer in NY. Podcast Duration: 56 min, 22 sec. Charles Carella Obituary. Among his clients were Donald J. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades after their business ende. Johanna Frances Antar, American computer consultant. United States of America v. 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 (Crazy Eddie) dominated the retail consumer electronics market in the New York City metropolitan area. Inside The Mind Of A Financial Criminal : Planet Money The family behind Crazy Eddie, the electronics store, ran a massive fraud for years. Prices, Dies At 68. 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. 8 Crazy Eddie, Inc. United States of America v. Updated Sep. Antar, 36, also spoke of how he grew up in Brooklyn a few blocks from the Antar brothers. 11, 1993. 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. 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. Antar, a window trimmer whose finances revolved around suitcases of cash known as “nehkdi,”. Crazy Eddie was founded in 1969 by Eddie Antar and his father, Sam M. This particular great American scam is told in painstaking detail by Gary Weiss in “Retail Gangster: The INSANE, Real-Life. NEWARK, N. — Herb Greenberg (@herbgreenberg) September 10, 2016 "Love him/hate him, he was an original. Find a Grave Memorial ID: 168. 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. Later. 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 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. Y. Eddie Antar was a Brooklyn-born businessman who in 1971 started the electronic retail store, “Crazy Eddie. Family turmoil persisted and. Antar said. Antar is the former businessman who cooked the books at Crazy Eddie. This new half-hour series. Antar, who went into business with his father, turned Crazy Eddie into the largest electronics chain in the New York metropolitan area. Crazy Eddie. 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. O. 10. . , to a federal prison term of 82 months followed by 2 years of supervised release. Sam E. Updated: 05/03/10 at 12:08 AM on Bottom of Post: Added Blog Reactions In an exclusive interview with Mike Fleming from Deadline New York, Producer and Director Danny DeVito whines about how. Behind the scenes and the screams, Eddie Antar never met a scam he didn't love and was a pathological liar. Sam later became the. Katy Perry & Orlando Bloom’s Daughter Daisy Dove Makes Public Debut at Vegas. It was unsuccessful to begin. An Audacious Start: Eddie Antar was born in Brooklyn, New York, on Dec. Facing multiple charges in connection with the fraud, Eddie fled the country and lived using assumed names and the millions he had stashed in foreign bank accounts in several countries. Px 44 at 1 n. View More Reviews on. Other co-conspirators pleaded guilty to various crimes, cooperated with the government investigations of Crazy Eddie, and testified at. Mr. " Eddie Antar, co-founder of the Crazy Eddie electronic retail chain, died Saturday at age 68. pdf) or read online for free. Later extradited and. e. By Peter Carbonara Sam Antar testified against his cousin, Crazy. The notoriety of this case has continued into the 21st century. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. 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. 12, 2022, 6:22 a. Mr. A man’s face on 20Now 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. Eddie Antar, 47, was sentenced to 12 1/2 years in prison and ordered to repay $121 million to investors. (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. Crime Jul 15, 2003 23 min. He stayed out of jail by turning on several others, including his cousin, Eddie Antar, who was Crazy Eddie’s co-founder. Crazy Eddie became a known symbol for corporate fraud in its. 952-831-2707 | 1-800-331-4288. Antar’s death Saturday was confirmed Monday by the Bloomfield Cooper Jewish Chapels in Ocean Township, N. (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. Gender: Male Religion: Jewish Race or . I am glad we were able to make our Truck purchase from Eddie Antar. 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. ' De-spite this modest beginning, Antar would eventually dominate the retail consumer electronics market in the New York City metropolitan area. Antar, a former CPA and former CFO of a family-run business, Crazy Eddie, Inc. NEWARK, N. Kuzser refused, and the dispute began to fester. Antar owned 1/3 of Sights and Sounds. Litig. Crazy Eddie was a consumer electronics empire built on hype. J. 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. Eddie and Allen Antar, and a third brother, Mitchell, were charged in August with stock fraud. Antar, Vol. 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. The bean counters at Green Mountain Coffee Roasters have a new watchdog on their case, and he smells trouble brewing. Eddie Antar, in 94-5230, 53 F. The repatriation order again came up during the trial when Eddie's daughter 57. , U. Subject of Burt Lancaster movie. " App. . Published Sep 15, 2016. Debbie # 1 confronted Eddie walking to a stretch limousine with Debbie # 2 and a huge street fight erupted between them. The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Eddie Antar was having an crimes such as. Antar’s father tipped off his daughter and Antar’s wife that Antar would be on a date with his mistress in Manhattan. Eddie Antar, Retailer and Felon Who Created Crazy Eddie, Dies at 68. No one's prices have been quite as "insaaaaaaane. 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. 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. Mr. The Antar family criminal enterprise ranged from under-reporting income taxes in the 1970s. Actor. Updated Sep. $24. , USDC NJ, Civil Action No. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. S. Cofounder of the electronics retail chain Crazy Eddie, Inc. She and her daughters paid $3. 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. The government and various civil litigants recovered over $75 million from Eddie and $2 million from Mitchell. Three years later, he was extradited back to the U. Antar was released from prison in 1999. The. S1 E1: Eddie Antar is the father of electronics super store chain and the mastermind behind the biggest retail fraud in American history. The Bloomfield-Cooper funeral home in Ocean Township, New Jersey, confirmed Sunday that Antar died Saturday. Wall Street swooned. Antar, who helped mastermind the now-defunct consumer electronic business with his cousin, Eddie Antar and uncle, Sam M. (3) 1984-1987: As a. Stiff Sentence. To meet analysts’ expectations, we conceived of a plan called the “Panama Pump”. He previously broke the news of Eddie Antar's death in 2016 and later authored a first-person memoir of his experience there. Eddie was a family man, a ladies man, and a rich man. Eddie Antar now owned 2/3 of Sights and Sounds and his father Sam M. TUCKER The Atlanta Regional and Miami Branch Offices announced that, on June 26, the Honorable Jose A. Sam Antar was the government's key witness and informant on the Crazy Eddie fraud which spanned 18 years. Marvin Jemal and Eddie Antar, the head of Crazy Eddie, shared an affection for dogs, for example. , which did not say where he died or give the cause. E. The Bloomfield-Cooper funeral home in Ocean Township, New Jersey, confirmed Sunday that Antar died Saturday. The Bloomfield-Cooper Jewish Chapels in New Jersey confirmed Antar's death to CNNMoney on Sunday. Michael Cohn. United States v. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. TUCKER The Atlanta Regional and Miami Branch Offices announced that, on June 26, the Honorable Jose 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. 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. Mr. The family business grew into a chain with. 3d 568, 3rd Cir. C. Visit White Bear Lake Superstore in White Bear Lake #MN serving Minneapolis, St. He was a true genius (“goen”). By Alpha-burn. Crazy Eddie dominated the New York airwaves from the mid-seventies until bankruptcy in 1989. “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. Antar was the primary person that told me. But Eddie Antar aggressively courted the investment. The government and various civil litigants recovered over $75 million from Eddie and $2 million from Mitchell. 89-3773 (NHP)] (LR-12548) DISMISSAL GRANTED TO LEONARD M. No cause was given. The fraud at Crazy Eddie was one of the longest running in modern times, lasting from 1969. He was 68. 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. , and former employees Eddie Gindi and Kathleen Morin participated in a massive financial fraud by which Crazy Eddie materially overstated. 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. Eddie began to price his products below the industry norm. 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. In July 1984, Sam E. JNi. In 1984, Eddie Antar divorced his wife, and the Crazy Eddie family organization began to fracture. W. 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. Soon after, Sam. "Crazy" Eddie Antar, center, founder of the Crazy Eddie electronics store chain, is led in handcuffs after being extradited from Israel on Jan. 1528. Born: 18-Dec-1947 Birthplace: Brooklyn, NY Died: 10-Sep-2016 Location of death: Ocean Township, NJ Cause of death: unspecified. J. Antar expanded his business from a single Brooklyn store, founded in 1969, into the largest consumer electronics chain in. 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. 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. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. After gaining control, Mr. In 1976, Larry Weiss, Crazy Eddie’s advertising director, hired WPIX-FM disc jockey Jerry Carroll as the official face of Crazy Eddie. In 1987, Eddie Antar was forced out, and a physical inventory undertaken by new management revealed that $40 million of merchandise did not exist. 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. has been operating for 36. Antar, Vol. Antar, and was previously named ERS Electronics . Antar, was CFO of Crazy Eddie and was complicit in its fraud. 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. Antar (Eddie’s father), and Ronnie Gindi (a first cousin) in 1969. New York Post photo composite More On: cons If. He was 68. Crazy Eddie was a consumer electronics empire built on hype. 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 of Crazy Eddie,” written by veteran investigative journalist Gary Weiss. "Crazy" Eddie Antar. All groups and messages. 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. 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. Eddie Antar was 68. Hon. Eddie Antar, who hired a radio disc jockey to portray him in the iconic TV. Antar died on Saturday, but a cause of death was not disclosed. 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. J. New Jersey Department of Corrections. American Ambassadors. Eddie Antar, et a1. He took the electronics chain from one store in Brooklyn, N. The father of five's cause of death has not been made public. C. According to the proposed amendment to the class action complaint in In re Crazy Eddie Sec. Electronics kingpin "Crazy Eddie," left, died Saturday at the age of 68. , 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. Through a combination of fraud, chutzpah and an irritating, decade-long TV pitch, Antar turned a. Antar was sentenced pursuant to his plea of guilty to racketeering conspiracy in connection with a securities fraud and insider trading scheme at. 9 million to disgorge profits from Eddie’s illegal stock sales. C. Eddie fled to Israel using a fake passport and the alias David Jacob Levi Cohen, and purchased a townhouse in the city of Yavne. Although Eddie Antar founded the company, Sam. He was 68. F. Antar realized $16,857,332, and other family members and associates realized lesser amounts. Antar, a former accountant and criminal convicted for his role in perpetrating millions of dollars worth of tax and securities fraud, appeared at. Police officers lurked at every airport. 5 million shares - at $14 a share. 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. ET Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, a new book reveals. Deborah is 74 years old and was born in June 1949. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. Wednesday, Sam Antar was sentenced to 21 months in federal prison in connection with his own investment scheme that went sour. Antar said. Antar's relatives. The real Eddie Antar didn’t have time for acting. By 1989 the company was bankrupt. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. Antar eventually pleaded guilty to. Antar’s death was confirmed on Monday by the Bloomfield Cooper Jewish Chapels. View contact information: phones, addresses, emails and networks. Several of the employees of. He used the hard-bargaining techniques of the Middle Eastern souks to undermine the staid, clubby realm of American retailing. 0:52. Highly recommend him to all shoppers. Antar's lawyer estimates there have been default judgments rendered against Antar for about $260 million. He died on 10 September 2016, in New Jersey, United. The chain rose to prominence throughout the Tri-State area as much for its prices as for its memorable radio and television commercials,. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. Antar. RIP," he wrote. 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. His cousin, Sam E. Antar is the former businessman who cooked the books at Crazy Eddie. Antar, a window trimmer whose finances revolved around suitcases of cash known as “nehkdi,” and his second wife, Rosie Tawil, the. -- The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. In other words, he turns the complicated and baffling into simple and understandable. Y. Entrepreneur Eddie Antar grew his chain of discount stores in the New York of the 1970s with unforgettably loud TV commercials, a. 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. 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. Antar on how the illegal schemes had been carried out. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. The real story of Crazy Eddie is a familiar American story of wild success. Other co-conspirators pleaded guilty to various crimes, cooperated with the government investigations of Crazy Eddie, and testified at. June 29, 2012, 4:27 p. Employee Rating. CNNMoney (New York) First published September 11, 2016: 6:59 PM ET Eddie Antar,. Antar's minor children. ‘Womber means ‘fire ablaze at night-time when it’s calm; the fire makes that noise, womber, womber. 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. 1051. New York Post photo composite More On: cons If. Crazy Eddie's eventually went public and had a valuation of $600 million. (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. The elder Mr. ’ My grandparents ‘Gnoomer and ‘Yuajangan’ married on the Gnowangerup mission in the early 1900s and that was where their daughter, my mother,. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades. 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. , 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. C. Mitchell Antar, in 94-5228. Sam A. 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. Zinn and Mr. 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. The famous commercials were all produced in house and were not a creation of an outside. Crazy Eddie Fraud Case. Had the auditors invested the time and expense to investigate Eddie before accepting him as a client, they perhaps would. OCEAN TOWNSHIP - The man who turned the “Crazy Eddie” electronics stores into a retail giant before it collapsed amid federal fraud charges has died.