After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. Highly recommend him to all shoppers. Antar's uncle hid up to $3. Antar, Vol. 524K subscribers 59K views 15 years ago Their prices were insane. There, the founder and chief executive of Crazy Eddie Inc. In 1993 Eddie Antar, left, was convicted on racketeering and stock fraud charges. sentenced Eddie Antar, formerly the Chairman and Chief Executive Officer of Crazy Eddie, Inc. We’ll follow up on a story about the spotted lanternfly, an invasive pest the experts say you should kill. Tweet on TwitterFollowing his time in prison, Antar desperately tried to start one electronics effort after another, but ultimately they all failed. Debbie # 1 confronted Eddie walking to a stretch limousine with Debbie # 2 and a huge street fight erupted between them. In 1987, Eddie Antar was forced out, and a physical inventory undertaken by new management revealed that $40 million of merchandise did not exist. TUCKER The Atlanta Regional and Miami Branch Offices announced that, on June 26, the Honorable Jose A. TV-PG. The government and various civil litigants recovered over $75 million from Eddie and $2 million from Mitchell. 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, 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. Stiff and unable to bend. He was 68. She was discharged Saturday and her aunt and uncle. Eddie (Samuel) Antar was born on month day 1947, in birth place, New York, to Samuel (Murad) Antar and Rose (Abraham) Antar (born Tawil). Money laundering is a three-step process of placement, layering and integration that is clearly illustrated in Crazy Eddie’s scheme. ET Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, a new book reveals. Antar's minor children. “The kid is a degenerate gambler,” Sam. Eddie Antar was 68. After Antar fled. Antar, a window trimmer whose finances revolved around suitcases of cash known as “nehkdi,”. Testimony of Sam E. He and members of his family were too busy engineering a $120 million rip-off. Dealership Rating. Find a Grave Memorial ID: 168. Mr. Today, Carroll is considered to be one of the greatest spokespeople in advertising history. Eddie Palmieri's ConjuntoBorn in 1947, Antar opened his first Crazy Eddie electronics store when he was in his early 20s, in Brooklyn, N. ET Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, a new book reveals. Antar, who is now 44 years old, was apparently laying the groundwork for a new life. In 1990, Antar fled to Israel after being indicted on securities fraud and insider trading. Eddie Antar, the mastermind behind New York’s infamous Crazy Eddie CE chain, died on Sept. Crazy Eddie’s fraudulent empire. December 31, 1983: New Year’s Eve massacre Eddie Antar was a ladies man and was not faithful to his first wife Debbie Rosen Antar (known as Debbie # 1). Antar's relatives. 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. Benjamin Kuszer, 48, of Brooklyn, New York, is Eddie's brother- in-law. 5 million shares of his stock, Mr. Dealership Rating. 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. This was viewed by the customers in a great way, resulting in a large loyalty from his customers. New York Post photo composite More On: cons If. A cause of death was not disclosed. Antar, 44 years old, was indicted for defrauding Crazy Eddie stockholders of $83 million and was the subject of a two-year international hunt. Born: 18-Dec-1947 Birthplace: Brooklyn, NY Died: 10-Sep-2016 Location of death: Ocean Township, NJ Cause of death: unspecified. 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. By 1987,. 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. Eddie skipped town and Sam, all alone, was forced to testify against his own family to avoid. said Mr. Eddie Antar was 68. (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. Mr. Bush's daughter Dorothy marries Bobby Koch; Jun 30 Actress Cecil Hoffman (Zoe-LA Law) marries Paul. 1 Despite this modest beginning, Antar would eventually dominate the retail consumer elec- tronics market in the New York City. Antar's. Eddie Antar And Daughters Philanthropic Fund, Inc. I am glad we were able to make our Truck purchase from Eddie Antar. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. 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. Antar was released from prison in 1999. BROOKLYN-- He was known as Crazy Eddie. Eddie Cantor. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. Shop Crazy Eddie clothing on Redbubble in confidence. He ducked into a store, left the money with the Syrian shopkeeper, and promptly forgot. Not until Eddie Antar fled to Israel to escape fraud charges did I realize the TV spokesnut and CEO. Apr 05, 2021. (the "Class Complaint"), Eddie Antar realized cash proceeds of $72,245,649, his father Sam M. The fraud at Crazy Eddie was one of the longest running in modern times, lasting from 1969. Since that time, the SEC. A mother brings her daughter into the emergency room during an asthma attack. A cause of death wasn't disclosed. Crazy Eddie became a known symbol for corporate fraud in its. Crazy Eddie. (3) 1984-1987: As a. September 12, 2016, 10:34 a. Believe it or not, there really was a real life salesman named Crazy Eddie. 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. This book is worth your time, and Weiss should be saluted for his work. Much of the money was sent to a bank account in Israel. Sam M. , USDC NJ, Civil Action No. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. 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. Crazy Eddie's eventually went public and had a valuation of $600 million. District Judge Harold A. Antar (co-founders of the company) one of the largest securities frauds of its time. Eddie Antar and Sam M. CNNMoney (New York) First published September 11, 2016: 6:59 PM ET Eddie Antar,. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. e. 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. "Crazy Eddie" -- founder of the electronics chain known for its "insaaane prices" -- died Saturday. Tommy on Eight is Enough. 13, 2016 6:16 pm ET. We’ll also look back at Crazy. Mitchell Antar, in 94-5228. Antar said. Grinberg faces up to five years in prison and $250,000 in fines when he is sentenced on May 28. 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. 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. 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. Antar (Eddie’s father), and Ronnie Gindi (a first cousin) in 1969. Available on Prime Video, Tubi TV, Amazon Freevee. JTA — Crazy Eddie was a consumer electronics empire built on hype. His cousin Eddie Antar, the company’s CEO, fled to Israel in 1990. Eddie Antar, his father Sam M. W. By Peter Carbonara Sam Antar testified against his cousin, Crazy. Antar was the primary person that told me. Antar was the government’s key witness in both the criminal and civil prosecutions against members of his family, including his cousin, “Crazy” Eddie Antar, and his uncle, family patriarch. 89-3773 (JCL) (D. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. On September 10, 2016, he died at the age of 68, reportedly having been battling liver cancer. Antar on how the illegal schemes had been carried out. Eddie Antar, in 94-5230, 53 F. Ms. 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. 0:52. 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. 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, in 94-5230 — Holding that resignation from conspiracy is insufficient if the defendant “continues to do acts in furtherance of the 18 conspiracy and continues to receive benefits from the conspiracy’s operations”Writers on a NE Stage. Chertoff said. Carroll's fast-talking, shout-at-you. who sided with their daughter-in-law. The elder Mr. The Antar family criminal enterprise ranged from under-reporting income taxes in the 1970s. Katy Perry & Orlando Bloom’s Daughter Daisy Dove Makes Public Debut at Vegas. 22-Nov-1963. 1. "Eddie Antar, Index No. 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. ' De-spite this modest beginning, Antar would eventually dominate the retail consumer electronics market in the New York City metropolitan area. Through a combination of fraud, chutzpah and an irritating, decade-long TV pitch, Antar turned a. C. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. This new half-hour series. Although Eddie. Antar died in Ocean Township, New Jersey, home on Saturday. J. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. An Audacious Start: Eddie Antar was born in Brooklyn, New York, on Dec. Eddie Antar, Retailer and Felon Who Created Crazy Eddie, Dies at 68. Although the conviction was overturned, he eventually pleaded guilty and was sentenced to eight years in prison. United States of America v. Eddie Antar finally pled guilty in 1996 for conspiracy and racketeering and spent seven years in prison. The notoriety of this case has continued into the 21st century. Later. 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. 0. The Antar family committed a laundry list of scams making it look like business was booming. Now Sam Antar, 52, is using the expertise he gained as a criminal to uncover accounting problems at other. 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. 8Crazy Eddie, Inc. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. Sam later became the. " It's a colorful story from the early days of home PC sales. 1650 West 82nd Street, Suite 600, Bloomington, MN 55431. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. The Crazy Eddie chain, which closed in 1989, didn’t just execute one big scam, it ran dozens of them at once. This particular great American scam is told in painstaking detail by Gary Weiss in “Retail Gangster: The INSANE, Real-Life. The Bloomfield-Cooper Jewish Chapels in New Jersey confirmed Antar’s death to CNNMoney on Sunday. E. Among his clients were Donald J. This provided Eddie Antar, the owner of Crazy Eddie, the motivation to circumvent the law. Crazy Eddie began as a family-controlled operation with Eddie Antar as the key. Dealership Rating. After hearing that another Antar was in trouble, I called former Crazy Eddie executive Sam E. 3d 568, 3rd Cir. Ct. com. The father of five's cause of death has not been made public. Antar fled the country in 1990 and two years later was arrested in Israel. July 15, 1993; Credit. 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. 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. , and former employees Eddie Gindi and Kathleen Morin participated in a massive financial fraud by which Crazy Eddie materially overstated. Antar’s views on white-collar crime are frequently quoted in the media, and he has appeared on a variety of television and radio shows, including Fox News, CNBC and National Public Radio. Sam A. Apr 05, 2021. Eddie Antar (Antar), Charles C. The term "crazy" came. A month later, the company announced its first-ever decline in same-store sales, an. C. American Ambassadors. 9 million to disgorge profits from Eddie’s illegal stock sales. 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). 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. View More Reviews on. 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. m. But Eddie Antar aggressively courted the investment. 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. Y. Mitchell Antar, 39, was sentenced to four years in prison and ordered to pay back $3. Around 1972, WCBS-FM account representative Norm Golden talked Eddie Antar into buying radio advertising for $5 a spot. New Jersey against Eddie Antar, Sam E. By 1989 the company was bankrupt. Eddie Antar now owned 2/3 of Sights and Sounds and his father Sam M. Crazy Eddie began as a family-controlled operation with Eddie Antar as the key. Y. District Court for the District of New Jersey ordered Deborah Rosen Antar and her daughters (the former wife and children of Eddie Antar) to disgorge illegal profits arising from Eddie Antar's sale of 300,000 shares of. In 1988, soon after the S. By Alpha-burn. American broadcaster (Coke Time with Eddie Fisher, Robbins Nest), dies at 72; Jun 24 Juris. Eddie Antar was 68. Greg Berlanti, Sarah Schechter, Peter Steinfeld. 2016 Eddie Antar, founder and CEO (Crazy Eddie Electronics Store), dies at 68;EDDIE ANTAR AND DAUGHTERS PHILANTHROPIC FUND, INC. Visit White Bear Lake Superstore in White Bear Lake #MN serving Minneapolis, St. The repatriation order again came up during the trial when Eddie's daughter 57. Charles Carella Obituary. Antar fled in 1990. Eddie had 3 siblings. 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. ) 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. E. 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. Sammy pleaded guilty to three felonies. 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 CFO of Crazy Eddie and was complicit in its fraud. Headquartered in Edison, it grew to 43 stores in four states. , a leading consumer electronics retailer in NY. United States of America v. Family problems led to business problems for Eddie Antar (Courtesy of the Courtroom Sketches of Ida Libby Dengrove, University of Virginia Law Library) Sam M. In a statement given by Sam E. 3d 568 — Brought to you by Free Law Project, a non-profit dedicated to creating high quality open legal information. Crazy Eddie was a consumer electronics empire built on hype. Antar is the nephew of Eddie Antar, who founded the Crazy Eddie electronics stores in the 1970s and 1980s. 143-145. No one's prices have been quite as "insaaaaaaane. 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. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. Gonzalez, Jr. Dec 4, 2017 6:43 PM EST. 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. Michael was Eddie Cantor's first grandchild. Antar realized $16,857,332, and other family members and associates realized lesser amounts. “Crazy” Eddie Antar, dubbed the “Darth Vader of Capitalism” by the then. The original predecessor company to Crazy Eddie was ERS Electronics, which was founded by Eddie Antar, Sam M. , with his family at his side. , had 43 retail outlets, sales exceeding $350 million, and outstanding stock with a collective market value of $600 million. 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. , U. Eddie Antar. Mitchell Antar has resigned as executive vice president and chief operating officer of Crazy Eddie Inc. Antar died in 2016. Antar. Cofounder of the electronics retail chain Crazy Eddie, Inc. 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. In Episode 124 of Fraud Talk, Gary Weiss, author of “Retail. Antar, and was previously named ERS Electronics . (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. Sam E. Antar was an intelligent youth but found school boring, dropping out at. United States v. . Essay, Pages 8 (1852 words) Views. Stiff and unable to bend. Deadline reports the following rundown of the story of Crazy Eddie: Antar opened. According to published reports, his death was confirmed by a New Jersey funeral chapel although the cause was not disclosed. Antar vanished from the United States after. Highly recommend him to all shoppers. Editor's note: This article appeared in the June 5, 1989 issue of Crain's New York Business. Maintained by: Find a Grave. ¶ 33(F). It also evokes the saga of the Syrian. 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. 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. He became famous by cheating money from women he met through newspaper announcements, by. The famous commercials were all produced in house and were not a creation of an outside. Learn more about the CPE. 01. Crazy Eddie was a consumer electronics empire built on hype. Antar lives in Brooklyn. By. 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. Post a Question. 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. CASE 1. OCEAN TOWNSHIP, N. 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. Divorced Eddie in 1984 and, with her daughters, paid $3. Eddie Antar paid for Sam to learn accounting so he could eventually work at the growing company’s small auditing firm, Penn and Horowitz. Owner of the famous Crazy Eddie chain of stores. Antar sold the bulk of his Crazy Eddie stock - 1. ”. . said. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. Much of the ill-gotten loot was placed. The Bloomfield-Cooper funeral home in Ocean. Still, he knows what it is like to be on the run: He was. 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. New Jersey Department of Corrections. Antar's minor children. 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. 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. Entrepreneur Eddie Antar grew his chain of discount stores in the New York of the 1970s with unforgettably loud TV commercials, a. But Eddie Antar aggressively courted the investment. In July 1984, Sam E. 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 . E. Share on Facebook. Antar expanded his business from a single Brooklyn store, founded in 1969, into the largest consumer electronics chain in. C. Antar, a close friend and cousin of Eddie Antar, joined the company and became its controller. At the age of 20 years old, Antar opened up his very first store, Crazy Eddie. “More than anything else, I miss the variety of New York,” said Eddie Antar, 58, of the Inwood section of Manhattan. Eddie Antar, et a1. J. E. UMASS Boston Eddie Antar Crazy Eddie. OCEAN TOWNSHIP - The man who turned the “Crazy Eddie” electronics stores into a retail giant before it collapsed amid federal fraud charges has died. See full article at Den of Geek ». 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. The Crazy Eddie, Inc. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. He was 68. In 1976, Larry Weiss, Crazy Eddie’s advertising director, hired WPIX-FM disc jockey Jerry Carroll as the official face of Crazy Eddie. In addition. NICKERSON, District Judge: In a Report and Recommendation dated September 15, 1995, as amended by a Supplemental Report and Recommendation dated October 4, 1995, Magistrate Judge Marilyn Dolan Go recommended that judgment be entered against defendant Eddie Antar as follows: (a) judgment in favor of the class. The last Crazy Eddie stores closed for good at the end of 1989. 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. 2 (emphasis added). Eddie's first ad aired in 1975, when New York was at a bit of a low point. The girl had been at the hospital since hours after the Feb. Rosenbaum, President of R. Being a school drop-out, Antar uses it as a motivation to fulfill his ambition of becoming a successful business mogul. Soon after, Sam. 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. Licensed to: iChapters User CASE 1. The girl had been at the hospital since hours after the Feb. 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. . In 1984, the chain went public. View More Reviews on. He stayed out of jail by turning on several others, including his cousin, Eddie Antar, who was Crazy Eddie’s co-founder. Sam A. 5 million in cash in a false ceiling at Antar's father's house, according to The Hustle. 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. Eddie (Samuel) Antar was born on month day 1947, in birth place, New York, to Samuel (Murad) Antar and Rose (Abraham) Antar (born Tawil). He had a mistress. The elder Antar cooked the. In other words, he turns the complicated and baffling into simple and understandable. In a deeply personal battle intertwined with her legal actions, Antar is currently involved in a custody dispute over her daughter. 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. In 1984, the. Eddie Antar was 68. CNNMoney (New York) First published September 11, 2016: 6:59 PM ET Eddie Antar,. 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. Antar: “1969-1979: Skimming and under-reporting income (tax fraud) prior to the big plan to go public. United States of America v. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. The chain's growth was helped by the introduction of the VCR. Eddie Antar paid for his cousin Sam E. Actor, Comedian, Dancer, Film Producer, Screenwriter, Composer, Author. The Bloomfield-Cooper funeral home in Ocean. m. 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. Brooklyn, New Jersey. The testimony of Sam E. Aug. The bean counters at Green Mountain Coffee Roasters have a new watchdog on their case, and he smells trouble brewing. Antar is the nephew of the late Eddie Antar — the proprietor of Crazy Eddie’s electronic retailers that were ubiquitous in the Northeast in the 1970s and 1980s. . By 1989 the company was bankrupt. Y. Whoa, he’s still got his Crazy Eddie. The real Eddie Antar didn’t have time for acting. All groups and messages. He was 68. "A. Although the conviction was overturned, he eventually pleaded guilty and was sentenced to eight years in prison. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Israel: Eddie Antar once known as "Crazy Eddie," New York's electronics king, is led by an Israeli police detective 25 June 1992 for a remand hearing. opened its. He died on 10 September 2016, in New Jersey, United.