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. Check resumes and CV, places of employment, news, social media profiles, photos and videos, public records, skilled experts, arrest records and business records. Highly recommend him to all shoppers. They caught him in the act, and a street fight nearly erupted. 5 million in principal and interest to regulators to help reimburse Crazy Eddie shareholders, who lost about $120 million, the S. Antar’s death was confirmed on Monday by the Bloomfield Cooper Jewish Chapels. Mr. 5 million in cash in a false ceiling at Antar's father's house, according to The Hustle. Growing up poor he had dreams and aspirations of becoming a household name. . A certified public accountant, he had. Antar, a close friend and cousin of Eddie Antar, joined the company and became its controller. , USDC NJ, Civil Action No. Share on Facebook. Eddie Antar. Mr. 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. 1609) 1680 Baldassare Ferri, Italian castrato singer, dies at 69;. NEW YORK (JTA) – Crazy Eddie was a consumer electronics empire built on hype. The Bloomfield-Cooper Jewish Chapels in New Jersey confirmed Antar's death to CNNMoney on Sunday. Deadline reports the following rundown of the story of Crazy Eddie: Antar opened. The Crazy Eddie chain, which closed in 1989, didn’t just execute one big scam, it ran dozens of them at once. In a brief scuffle, Mr. "Eddie Antar, Index No. No cause was given. Eddie Antar, who hired a radio disc jockey to portray him in the iconic TV. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. Eddie Antar. . (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. The original predecessor company to Crazy Eddie was ERS Electronics, which was founded by Eddie Antar, Sam M. This book is worth your time, and Weiss should be saluted for his work. The rise and well-deserved fall of Eddie Antar is told in veteran financial journalist Gary Weiss’s Retail Gangster: The Insane Real-Life Story of Crazy Eddie, a rollicking chronicle of malignity, criminality, and family intrigue. Antar also must pay $250,000 more in restitution during the first five years he is out of prison, U. sentenced Eddie Antar, formerly the Chairman and Chief Executive Officer of Crazy Eddie, Inc. 31 (30% off) Clothing. After gaining control, Mr. "Crazy" Eddie Antar. 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. Eddie's cousin Sam Antar, tells us how they did it and. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. 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. CNNMoney (New York) First published September 11, 2016: 6:59 PM ET Eddie Antar,. The commercials were parodied in the movie “Splash. Eddie Antar Daniel Hulshizer/Shutterstock. 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 said. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. 12, 2022 Good morning. 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. In 1988, soon after the S. A cause of death wasn't disclosed. Debbie # 1 confronted Eddie walking to a stretch limousine with Debbie # 2 and a huge street fight erupted between them. Send Flowers Opens send flowers url in a new windowSam Antar says he is a compulsive gambler — a fact he says was well-known to defendants in the case including the Borgata casino, MGM Resorts International, and its online partner Entain. He became famous by cheating money from women he met through newspaper announcements, by. Ms. District Judge Harold A. Sam A. Masterminds. " Eddie Antar, co-founder of the Crazy Eddie electronic retail chain, died Saturday at age 68. 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. American Ambassadors. The Complaint alleges that defendants engaged in activities directed by Eddie Antar as a result of which Crazy Eddie fraudulently . Sam A. Eddie (Samuel) Antar was born on month day 1947, in birth place, New York, to Samuel (Murad) Antar and Rose (Abraham) Antar (born Tawil). 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. United States v. She was discharged Saturday and her aunt and uncle. Highly recommend him to all shoppers. he helped us get a nice corolla for my daughter with no pressure and did his best to get us top dollar for an older trade, very much appreciated ! Thank you. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud TV commercials. Eddie had 3 siblings. Money laundering is a three-step process of placement, layering and integration that is clearly illustrated in Crazy Eddie’s scheme. Source citation. She is also a mother. 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. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. Eddie Antar was a bizarre combination of Old World and New World. S. Antar on how the illegal schemes had been carried out. The chain grew rapidly during the years when the VCR hit the market. Antar, the. Eddie Antar served over 6 years in prison and Mitchell Antar served approximately 2 years. E. (the "Class Complaint"), Eddie Antar realized cash proceeds of $72,245,649, his father Sam M. 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. provided similar testimony for fiscal. Eddie Antar is alleged to have made $75 million during the short public life of Crazy Eddie. , 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. 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. Sol Goldman, largest individual real estate owner in NYC: Chrysler Building; Plaza Hotel, etc. Antar is the nephew of Eddie Antar, who founded the Crazy Eddie electronics stores in the 1970s and 1980s. In 1993 Eddie Antar, left, was convicted on racketeering and stock fraud charges. 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. During his term as the company's chief executive. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. " (2) Includes (i) 2,088,330 shares owned by Eddie Antar directly, (ii) 240,000 shares held by Eddie Antar as custodian for the benefit of Eddie Antar's minor nephews and nieces and (iii) 300,000 shares held by Deborah Antar as custodian for Eddie Antar's minor children. In other words, he turns the complicated and baffling into simple and understandable. 3d 568 — Brought to you by Free Law Project, a non-profit dedicated to creating high quality open legal information. Johanna Frances Antar, American computer consultant. He and members of his family were too busy engineering a $120 million rip-off. CASE 1. Eddie Antar was 68. July 15, 1993; Credit. Aggressive, arrogant, and dictatorial are the words that best describes the way Eddie Antar's leadership. Find a Grave Memorial ID: 169825229. By Peter Carbonara Sam Antar testified against his cousin, Crazy. Crazy Eddie was a consumer electronics empire built on hype. Sam Antar was the government's key witness and informant on the Crazy Eddie fraud which spanned 18 years. Eddie Antar, Sam E. Crazy Eddie Innovator Eddie Antar Dead at 68. Highly recommend him to all shoppers. 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. All groups and messages. JTA — Crazy Eddie was a consumer electronics empire built on hype. Headquartered in Edison, it grew to 43 stores in four states. 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. The Crazy Eddie, Inc. Trump, who was one of his brothers-in-law, and Eddie Antar, the electronics retail chain executive known as Crazy Eddie. ‘Womber means ‘fire ablaze at night-time when it’s calm; the fire makes that noise, womber, womber. Eddie Antar, his father Sam M. 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 . Antar, Vol. Antar, Mitchell Antar, Isaac Kairey, and David Panoff, former officers and directors of Crazy Eddie, Inc. Per their story: Antar opened his. Y. 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. Today, Eddie Antar's cousin Sam E. Along with my cousin Eddie Antar, his father Sam M. Sam E. By 1989 the company was bankrupt. Stiff Sentence. Antar, a window trimmer whose finances revolved around suitcases of cash known as “nehkdi,” and his second wife, Rosie Tawil, the. Eddie Antar, 68, who owned retail chain Crazy Eddie electronics, has died. Eddie Antar, Who Started The Crazy Eddie Chain With 'Insane!'. Crazy Eddie Antar was coined by US Attorney Michael. 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. , the consumer electronics concern that is the target of two takeover bids. 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. Judge Ackerman began his opinion as follows: There is perhaps no more insidious drain on the. 2016 Eddie Antar, founder and CEO (Crazy Eddie Electronics Store), dies at 68;EDDIE ANTAR AND DAUGHTERS PHILANTHROPIC FUND, INC. 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. . In 1981, Sam passed the CPA. His cousin Eddie Antar, the company’s CEO, fled to Israel in 1990. Member National Association Professional Organizations. Eddie Antar now owned 2/3 of Sights and Sounds and his father Sam M. Antar and Eddie Antar, Crazy Eddie was a Brooklyn electronics discount store first known as Sights and Sounds when it opened in 1969. Among his clients were Donald J. We’ll follow up on a story about the spotted lanternfly, an invasive pest the experts say you should kill. Antar, who is now 44 years old, was apparently laying the groundwork for a new life. F. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. If it weren't for the efforts of the FBI, SEC, Postal Inspector's Office, US Attorney's Office, and class action plaintiff's lawyers. 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. Entrepreneur Eddie Antar grew his chain of discount stores in the New York of the 1970s with unforgettably loud TV commercials, a. 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. The notoriety of this case has continued into the 21st century. Wall Street swooned. C. Other attempts have. New Jersey against Eddie Antar, Sam E. Ms. Managed by: Private User Last Updated: April 29, 2022His cousin, chief executive Eddie Antar, ultimately went to prison for about seven years. Along with my cousin Eddie Antar, his father Sam M. The Bloomfield-Cooper. J. Antar's minor children. Sam A. Gonzalez, Jr. overstated its. 3 million common shares outstanding. Antar was the primary person that told me. C. Mr. Daphne Guinness [English] Peter Beard and Cheryl Tiegs, Supermodel, represented Peter Beard. NEWARK, N. The Bloomfield-Cooper funeral home in Ocean Township, New Jersey, confirmed Sunday that Antar died Saturday. During the 1980’s Sam E Antar was the Chief Financial Officer of Crazy Eddie. Antar, the son of the Eddie’s brother’s Allen, pleaded guilty to a prior scam in 2013 where took money from an investor to buy electronics equipment, but instead spent the funds on gambling. No cause was given. 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. In 1993 Eddie Antar, left, was convicted on racketeering and stock fraud charges. 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. He took the electronics chain from one store in Brooklyn, N. 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. 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. He. Antar co-founded Crazy Eddie in the early 1970s with his father and another family member as a single store on Kings Highway in Brooklyn, New York. 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. J. Money laundering is a three-step process of placement, layering and integration that is clearly illustrated in Crazy Eddie’s scheme. In Episode 124 of Fraud Talk, Gary Weiss, author of “Retail. 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. New Jersey Department of Corrections. UMASS Boston Eddie Antar Crazy Eddie. There, the founder and chief executive of Crazy Eddie Inc. Antar's lawyer estimates there have been default judgments rendered against Antar for about $260 million. View More Reviews on. Antar, 36, also spoke of how he grew up in Brooklyn a few blocks from the Antar brothers. Three decades after it collapsed under the immense weight of a. m. Eddie Antar came from a low rent neighborhood in Brooklyn from a family of merchants. 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. , and former employees Eddie Gindi and Kathleen Morin participated in a massive financial fraud by which Crazy Eddie materially overstated. He was 68. + Follow. Antar's uncle hid up to $3. Antar died in Ocean Township, New Jersey, home on Saturday. 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. The Early Years. Crazy Eddie dominated the New York airwaves from the mid-seventies until bankruptcy in 1989. to electronics chain called "Crazy Eddie", that supposed to be great & epic, But Unfortunately, Eddie goes end up having terrible problems. Antar lives in Brooklyn. Gender: Male Religion: Jewish Race or . OCEAN TOWNSHIP - The man who turned the “Crazy Eddie” electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. And so it is: Eddie Antar, the Eddie from the Crazy Eddie's chain of electronics stores, has died. COURT ORDERS FORMER WIFE AND CHILDREN OF EDDIE ANTAR TO DISGORGE PROCEEDS OF INSIDER TRADING The U. I am glad we were able to make our Truck purchase from Eddie Antar. 1609) 1676 Gerrard Winstanley, English religious reformer (b. By 1987,Antar's firm, Crazy Eddie , Inc. Sam E. Y. My name is Sam E. By Jackie Wattles. For more than 13 years, Jerry Carroll, a radio DJ, was the man who starred in thousands of Crazy Eddie radio and TV ads. “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's relatives. , Inc. The chain rose to prominence throughout the Tri-State area as much for its prices as for its memorable radio and television commercials,. 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. Nearly 30 years after the fact, the. In a statement given by Sam E. “The kid is a degenerate gambler,” Sam. Dealership Rating. . The original store was located at 1117 Kings Highway in Brooklyn, New York. 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. About The Instructor. 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. Much like Frank Abagnale Jr of Catch Me If You Can. Sam later became the. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. Headquartered in Edison, it grew to 43 stores in four states. In substance the allegations were that Crazy Eddie, a New York corporation founded by Eddie Antar and controlled by his family, first sold shares to the public in September 1984. Kings Co. The father of five's cause of death has not been made public. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. 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 exposed, died. 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. The real Eddie, last name Antar, was born in 1947 to Sam M. , which obtained a $73 million judgment against Mr. Mitchell Antar has resigned as executive vice president and chief operating officer of Crazy Eddie Inc. By. He previously broke the news of Eddie Antar's death in 2016 and later authored a first-person memoir of his experience there. 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 father and son team Sam M. ET Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, a new book reveals. Antar (Eddie’s father) also wanted to dump 800,000 shares of stock (worth about $20 million). Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Criminal. Owner of the famous Crazy Eddie chain of stores. Crazy Eddie was a consumer electronics empire built on hype. The Bloomfield-Cooper Jewish Chapels in New Jersey confirmed Antar’s death to CNNMoney on Sunday. "I remember Marvin buying Eddie a dog, or maybe Eddie bought one for Marvin," Mr. Although the conviction was overturned, he eventually pleaded guilty and was sentenced to eight years in prison. Antar, who is now 44 years old, was apparently laying the groundwork for a new life. 18, 1947, the grandson of Syrian Jewish immigrants. View More Reviews on. Crazy Eddie was founded in 1969 by Eddie Antar and his father, Sam M. J. the another true-crime story called "The Eels of Electronics", Where it should based on Eddie and Sam M. longs for the day when her 4-year-old daughter, Livia, can act like a. 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. ); Deborah Rosen Antar; Robert S. Antar is the former businessman who cooked the books at Crazy Eddie. Tuesday night to share the. 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. and found guilty of racketeering and stock fraud. Benjamin Kuszer, 48, of Brooklyn, New York, is Eddie's brother- in-law. To meet analysts’ expectations, we conceived of a plan called the “Panama Pump”. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. A certified public accountant, he had. -- Eddie Antar, founder of the Crazy Eddie discount electronics store chain, his two brothers and a cousin were indicted Monday on charges of cooking the company's books and making a. By Peter Carbonara Sam Antar testified against his cousin, Crazy. In July 1984, Sam E. BROOKLYN-- He was known as Crazy Eddie. Charles C. S1 E1: Eddie Antar is the father of electronics super store chain and the mastermind behind the biggest retail fraud in American history. United States. Antar started in the early '70s with a single electronics store in Brooklyn and his empire eventually grew to 43 stores in four states. 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. 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. Not until Eddie Antar fled to Israel to escape fraud charges did I realize the TV spokesnut and CEO. This particular great American scam is told in painstaking detail by Gary Weiss in “Retail Gangster: The INSANE, Real-Life. After Eddie fled the country, Sammy offered to testify for Federal prosecutors in exchange for immunity. Antar (co-founders of the company) one of the largest securities frauds of its time. , USDC NJ, Civil Action No. $24. Masterminds tells real crime stories about amazing deceptions that brilliant criminals use to pull off seemingly impossible crimes. Sam M. Essay, Pages 8 (1852 words) Views. The bidders said that they already owned 14 percent of Crazy Eddie's 31. Eddie had 3 siblings. Antar's minor children. 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. 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. Antar vanished from the United States after. Eddie Cantor. Few things evoke the New York of a particular era the way "Crazy Eddie! His prices are insaaaaane!" does. Eddie Antar, Retailer and Felon Who Created Crazy Eddie, Dies at 68. Antar, and was previously named ERS Electronics . Eddie Antar was having an crimes such as. O. C. opened its. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. Whoa, he’s still got his Crazy Eddie. The chain's growth was helped by the introduction of the VCR. The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Sammy’s testimony, in part, helped investigators trace Eddie’s Israeli bank accounts and other ill-gotten gains. Eddie failed to build. New York Post photo composite More On: cons If. Eddie Antar, 68, who owned retail chain Crazy Eddie electronics, has died. Deborah Joyce Antar currently resides in New York, New York. Crazy Eddie was a consumer electronics empire built on hype. He’s got two daughters “his little misses” and a son. Antar. 5 million shares - at $14 a share. O. he helped us get a nice corolla for my daughter with no pressure and did his best to get us top dollar for an older trade, very much appreciated ! Thank you. Antar on how the illegal schemes had been carried out. He was 68. Antar, nephew of the crook behind the epic Crazy Eddie scam, last week settled a federal securities-fraud case from his New Jersey prison. Katy Perry & Orlando Bloom’s Daughter Daisy Dove Makes Public Debut at Vegas. The elder Antar cooked the. What they got, instead, was another Antar. He was 68. Shop Crazy Eddie clothing on Redbubble in confidence. Around 1972, WCBS-FM account representative Norm Golden talked Eddie Antar into buying radio advertising for $5 a spot. said Mr. 3d 568 Docket: 94-5228. Eddie Antar, the founder of the electronics chain Crazy Eddie, which collapsed amid accusations of accounting fraud, has died at the age of 68. JNi. In 1972, the “fair trade law” was removed and many consumers viewed Eddie as a “retail. In 1992, he was caught in Israel and, after a lengthy extradition. 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. Eddie Antar, the electronics kingpin who once presided over a retail empire spanning four states, died Saturday, according to a family member. 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. The S. The notoriety of this case has continued into the 21st century. To survive in business, Eddie Antar resorted to circumventing fair trade by discounting merchandise to customers. Eddie Antar, center, founder of the Crazy Eddie electronics store chain, is led in handcuffs after being extradited from Israel. 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. In a deeply personal battle intertwined with her legal actions, Antar is currently involved in a custody dispute over her daughter. ¶ 33(F). Bush's daughter Dorothy marries Bobby Koch; Jun 30 Actress Cecil Hoffman (Zoe-LA Law) marries Paul. Px 44 at 1 n. 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. "A. Antar. We’ll also look back at Crazy. 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. As Crazy Eddie collapsed, newly uncovered documents show, Mr. S. United States of America v. Eddy Antar, Eddie Antar's uncle, was corporate treasurer. Crazy Eddie Antar. Eddie skipped town and Sam, all alone, was forced to testify against his own family to avoid. 28-Jan-1890.