Aggressiveness was the primary factor used by Antar in driving the consumer electronics store he built in 1980. Eddie failed to build. 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. His death was confirmed by the Bloomfield-Cooper Jewish Chapels in Ocean Township, N. S. 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. Known as Eddie Antar, he became a pioneer. 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. Crazy Eddie Fraud Case. Antar, but also dismissed virtually all of Crazy Eddie's current management, including a number of Mr. 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. EXCLUSIVE: Entertainment One has set up Insane, a film based on the wild life of Eddie Antar, the late consumer electronics king who wound up serving six years in prison for perpetrating one of the…EDDIE ANTAR, SAM E. The original predecessor company to Crazy Eddie was ERS Electronics, which was founded by Eddie Antar, Sam M. “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. This provided Eddie Antar, the owner of Crazy Eddie, the motivation to circumvent the law. 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. “The kid is a degenerate gambler,” Sam. Eddie had 3 siblings. Added: 25 Apr 1998. I am glad we were able to make our Truck purchase from Eddie Antar. 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. He was 68. Source citation. 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, Mitchell Antar, Isaac Kairey, and David Panoff, former officers and directors of Crazy Eddie, Inc. J. Find a Grave Memorial ID: 169825229. See the article in its original context from July 15, 1993, Section D. He. Eddie Antar was a Brooklyn-born businessman who in 1971 started the electronic retail store, “Crazy Eddie. The marriage ended in divorce. 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. Eddie Antar was a bizarre combination of Old World and New World. provided similar testimony for fiscal. 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. $34. Check resumes and CV, places of employment, news, social media profiles, photos and videos, public records, skilled experts, arrest records and business records. , to — at its height. Mitchell Antar, in 94-5228. Crazy Eddie dominated the New York airwaves from the mid-seventies until bankruptcy in 1989. NEWARK, N. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. What they got, instead, was another Antar. New York Post photo composite More On: cons If. On this episode of Dirty Money, co-hosts Jon Small and Dan Bova speak with Gary Weiss,. Antar (Eddie’s father), and Ronnie Gindi (a first cousin) in 1969. After hearing that another Antar was in trouble, I called former Crazy Eddie executive Sam E. Highly recommend him to all shoppers. " App. 0:52. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Crazy Eddie was founded in 1969 by Eddie Antar and his father, Sam M. Antar was the primary person that told me. 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. . Gary Weiss, author of Retail Gangster: The Insane, Real-Life Story of Crazy Eddie, explains how a Kings Highway sales-tax hustle grew into an era-defining media blitz and nine-figure stock fraud before the whole thing collapsed. 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. 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. 18, 1947, the grandson of Syrian Jewish immigrants. Along with my cousin Eddie Antar, his father Sam M. Antar, who is now 44 years old, was apparently laying the groundwork for a new life. Greg Berlanti, Sarah Schechter, Peter Steinfeld. 8 million from 1984 to 1987 by selling 6. Antar fled in 1990. 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. Other attempts have. 18, 1947, the grandson of Syrian Jewish immigrants. United States v. ET Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, a new book reveals. Had the auditors invested the time and expense to investigate Eddie before accepting him as a client, they perhaps would. 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. 0. Growing up poor he had dreams and aspirations of becoming a household name. 6 earthquake. Antar, and was previously named ERS Electronics . 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. Crazy Eddie may have died rich. Eddie. Crazy Eddie was a consumer electronics chain in the Northeastern United States. The real Eddie, last name Antar, was born in 1947 to Sam M. Eddie Antar started the chain in 1969 with a store in Brooklyn, N. At the age of 20 years old, Antar opened up his very first store, Crazy Eddie. Tweet on TwitterFollowing his time in prison, Antar desperately tried to start one electronics effort after another, but ultimately they all failed. Antar was an intelligent youth but found school boring, dropping out at. T-shirts, hoodies, tops, dresses, skirts, hats, and more in a huge range of styles, colors, and sizes (XS - plus size). District Judge Harold 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. Sam E. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. At its height, Crazy Eddie had 43 stores in four North Eastern states. E. Antar to see what he could tell me about his cousin Sam A. Eddie Womber Williams’ family recorded that Noongar names have a specific meaning. C. “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. 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. 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. Speaking at a fraud seminar Friday co-sponsored by the Center for Audit. The Bloomfield-Cooper funeral home in Ocean. United States. By Niraj Chokshi Sept. ' De-spite this modest beginning, Antar would eventually dominate the retail consumer electronics market in the New York City metropolitan area. Updated Sep. 11, 1993. Eddie, Ronnie, and Sam M. BROOKLYN-- He was known as Crazy Eddie. The notoriety of this case has continued into the 21st century. Masterminds tells real crime stories about amazing deceptions that brilliant criminals use to pull off seemingly impossible crimes. Mr. The commercials were parodied in the movie “Splash. Nearly 30 years after the fact, the. 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. 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. In 1976, Larry Weiss, Crazy Eddie’s advertising director, hired WPIX-FM disc jockey Jerry Carroll as the official face of Crazy Eddie. NEWARK, N. Behold, The another logo over. His family has not disclosed the cause of his death. Antar owns 11 percent and the Belzbergs the remainder. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. Sept. Other co-conspirators pleaded guilty to various crimes, cooperated with the government investigations of Crazy Eddie, and testified at. 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. Few things evoke the New York of a particular era the way "Crazy Eddie! His prices are insaaaaane!" does. 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. S. 9 million to disgorge profits from Eddie's illegal stock sales. 10. 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. 1051. Charles C. No one's prices have been quite as "insaaaaaaane. 15-Jul-1960. Maintained by: Find a Grave. NEW YORK (CBSNewYork)-- Eddie Antar, the man behind the now-defunct "Crazy Eddie" chain of stores, died Saturday at the age of 68. 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 1993 Eddie Antar, left, was convicted on racketeering and stock fraud charges. 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. 1. He died on 10 September 2016, in New Jersey, United. S. J. E. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. 1609) 1676 Gerrard Winstanley, English religious reformer (b. 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. Antar, who having started. Police officers lurked at every airport. 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. 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. Eddie Antar. Eddie Antar, the founder of the electronics chain Crazy Eddie, which collapsed amid accusations of accounting fraud, has died at the age of 68. Actor, Comedian, Dancer, Film Producer, Screenwriter, Composer, Author. The book not only documents Antar’s nefarious antics in lucid detail. Dealership Rating. , 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. Antar knows a thing or two about corporate fraud. 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. , had 43 retail outlets, sales exceeding $350 million, and outstanding stock with a collective market value of $600 million. Sammy’s testimony, in part, helped investigators trace Eddie’s Israeli bank accounts and other ill-gotten gains. Antar is the former businessman who cooked the books at Crazy Eddie. "A. ’ My grandparents ‘Gnoomer and ‘Yuajangan’ married on the Gnowangerup mission in the early 1900s and that was where their daughter, my mother,. Among his clients were Donald J. In 1988, soon after the S. United States v. . 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. Antar, Mitchell Antar, Isaac Kairey, David Panoff, Eddie Gindi and Kathleen Morin, USDC for the District of New Jersey, Newark Division, Civil Action No. 5 million shares - at $14 a share. 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. 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. Eddie Antar, 47, was sentenced to 12 1/2 years in prison and ordered to repay $121 million to investors. Eddie Antar And Daughters Philanthropic Fund, Inc. 952-831-2707 | 1-800-331-4288. 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. 01. Antar vanished from the United States after. Edition of Sun-JournalThis is the story of a Brooklyn Italian family. Deadline reports the following rundown of the story of Crazy Eddie: Antar opened. Although Eddie. 1528. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. In November 1986, Mr. Directions. Stiff Sentence. . 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. Apr 05, 2021. Mr. Mitchell Antar, 39, was sentenced to four years in prison and ordered to pay back $3. + Follow. Although the conviction was overturned, he eventually pleaded guilty and was sentenced to eight years in prison. Mr. J. Maxene Andrews. Eddie Antar was sentenced last month to. Antar's uncle hid up to $3. 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. Dec 4, 2017 6:43 PM EST. Eddie Antar, his father Sam MAntar. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. The notoriety of this case has continued into the 21st century. Antar said. Antar, who went into business with his father, turned Crazy Eddie into the largest electronics chain in the New York metropolitan area. 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. 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. 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 defrauded investors out of more than $74 million, and died in 2016. Sam Antar, the felonious former CFO of Crazy Eddie, is now teaching students and prosecutors how to spot fraud in public companies. 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). He previously broke the news of Eddie Antar's death in 2016 and later authored a first-person memoir of his experience there. Wall Street swooned. 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. e. He was extradited and in 1992, in a plea bargain agreement, pleaded guilty to a single charge of racketeering. . Michael Cohn. 3 million common shares outstanding. Aug. "A. Provide details on what you need help with along with a budget and time limit. 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. When the Crazy Eddie electronics store chain collapsed in 1987, its founder, Eddie Antar, and three other principals -- all family members -- were accused of swindling millions in investors' money in one of the largest stock fraud cases ever brought by the Securities and Exchange Commission. Sam 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. Birdman of Alcatraz. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. Johanna Frances Antar, American computer consultant. Sam E. Crazy Eddie was a consumer electronics empire built on hype. The chain was started in 1971 in Brooklyn, New York, by businessmen Eddie and Sam M. Lives in Brooklyn. 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. By 1987,Antar's firm, Crazy Eddie , Inc. RIP," he wrote. Eddie Antar (Crazy Eddie) dominated the retail consumer electronics market in the New York City metropolitan area. Antar and Eddie Antar, Crazy Eddie was a Brooklyn electronics discount store first known as Sights and Sounds when it opened in 1969. Eddie Antar, the electronics kingpin who once presided over a retail empire spanning four states, died Saturday, according to a family member. His cousin Eddie Antar, the company’s CEO, fled to Israel in 1990. Sam 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. In Episode 124 of Fraud Talk, Gary Weiss, author of “Retail Gangster. Mitchell Antar, in 94-5228. He was 68. 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. Eddie's first ad aired in 1975, when New York was at a bit of a low point. In addition. Hon. The. There, the founder and chief executive of Crazy Eddie Inc. View More Reviews on. By 1987,. United States of America v. Cofounder of the electronics retail chain Crazy Eddie, Inc. 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. W. 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. Eddie had 3 siblings. Antar (Eddie’s father) also wanted to dump 800,000 shares of stock (worth about $20 million). In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. The famous commercials were all produced in house and were not a creation of an outside. Antar co-founded. 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. 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. Antar, 75, of West End, New Jersey. 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. 3d 568 Docket: 94-5228. Kuzser refused, and the dispute began to fester. Antar, who is now 44 years old, was apparently laying the groundwork for a new life. " Eddie Antar, co-founder of the Crazy Eddie electronic retail chain, died Saturday at age 68. Employee Rating. In Episode 124 of Fraud Talk, Gary. The Bloomfield-Cooper Jewish Chapels in New Jersey confirmed Antar's death to CNNMoney on Sunday. Antar founded Crazy Eddie in 1975 with one store and built it into a discount electronics giant with outrageous television commercials that featured a deranged-looking actor shouting, 'Shop at. Sup. Sam A. J. In 1971, Eddie Antar purchased Ronnie Gindi's share of ERS electronics for $25,000 in cash. In 1972, the “fair trade law” was removed and many consumers viewed Eddie as a “retail. 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. Rider University. A certified public accountant, he had. United States of America v. J. Eddie married first name Antar (born Rosen) . Antar: “1969-1979: Skimming and under-reporting income (tax fraud) prior to the big plan to go public. He was 68. UMASS Boston Eddie Antar Crazy Eddie. He has since admitted helping to mastermind one of the largest securities frauds of its time,. 9 million to disgorge profits from Eddie’s illegal stock sales. On one occasion, Murad was carrying thousands of dollars in cash and thought he was being followed. Sam Antar was the government's key witness and informant on the Crazy Eddie fraud which spanned 18 years. and found guilty of racketeering and stock fraud. Headquartered in Edison, it grew to 43 stores in four states. Carella, Esq. CASE 1. Eddie Antar was 68. In a brief scuffle, Mr. 13, 2016 6:16 pm ET. Eddie. 1051. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades after their business ende. Wednesday, Sam Antar was sentenced to 21 months in federal prison in connection with his own investment scheme that went sour. Eddie Antar, 68, who owned retail chain Crazy Eddie electronics, has died. Crazy Eddie Antar. longs for the day when her 4-year-old daughter, Livia, can act like a. , the consumer electronics concern that is the target of two takeover bids. Podcast Duration: 56 min, 22 sec. TUCKER The Atlanta Regional and Miami Branch Offices announced that, on June 26, the Honorable Jose A. Eddie. RIP," he wrote. opened its. He used the hard-bargaining techniques of the Middle Eastern souks to undermine the staid, clubby realm of American retailing. Crazy Eddie's eventually went public and had a valuation of $600 million. 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. Later. 524K subscribers 59K views 15 years ago Their prices were insane. For more than 13 years, Jerry Carroll, a radio DJ, was the man who starred in thousands of Crazy Eddie radio and TV ads. Federal. But Eddie Antar aggressively courted the investment. Ackerman ordered. The Complaint alleges that defendants engaged in activities directed by Eddie Antar as a result of which Crazy Eddie fraudulently . 10 at the age of 68. Antar lives in Brooklyn. United States v. The chain grew rapidly during the years when the VCR hit the market. 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. Sam A. About Eddie Antar. By Niraj Chokshi Sept. Antar lives in Brooklyn. OCEAN TOWNSHIP, N. Natalie was the second Cantor daughter and truly the hardest one to find information on. He took the electronics chain from one store in Brooklyn, N. Antar, nephew of the crook behind the epic Crazy Eddie scam, last week settled a federal securities-fraud case from his New Jersey prison. The family business grew into a chain with. Eddie Antar was 68. (3) 1984-1987: As a public company. Y. Eddie Antar was 68. The Bloomfield-Cooper funeral home in Ocean Township, New Jersey, confirmed Sunday that Antar died Saturday. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. opened its. Eddie Antar, center, founder of the Crazy Eddie electronics store chain, is led in handcuffs after being extradited from Israel. Antar, who went into business with his father, turned Crazy Eddie into the largest electronics chain in the New York metropolitan area. Employee Rating. S. Although Antar was the man behind Crazy Eddie, he was not the pitchman who appeared in its commercials. BROOKLYN-- He was known as Crazy Eddie. , with his family at his side. As Crazy Eddie collapsed, newly uncovered documents show, Mr. Masterminds. In a filing with. Born: 18-Dec-1947 Birthplace: Brooklyn, NY Died: 10-Sep-2016 Location of death: Ocean Township, NJ Cause of death: unspecified. ANTAR, MITCHELL ANTAR, ISAAC KAIREY, DAVID PANOFF, EDDIE GINDI, AND KATHLEEN MORIN, Civil Action No. 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. Dan Hulshizer / AP. , a leading consumer electronics retailer in NY. Published Sep 15, 2016. 5 million shares of his stock, Mr. Wednesday, Sam Antar was sentenced to 21 months in federal prison in connection with his own investment scheme that went sour. 89-3773, NHP] (LR-13509) CORRECTION A heading in the February 1 issue of the Digest inadvertently stated there was a. S. He was convicted. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. App. Eddie Antar made more than $74. Antar was released from prison in 1999. Antar is well known for his schemes regarding Crazy Eddie Electronics, the company he cofounded with his father. 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. She and her daughters paid $3. District Judge for the Southern District of Florida granted the Commission's Kotion AsFor Order Of Dismissal. Eddie Antar, who hired a radio disc jockey to portray him in the iconic TV. Antar’s death on Saturday was. Serial fraudster Sam A. Eddie fled to Israel using a fake passport and the alias David Jacob Levi Cohen, and purchased a townhouse in the city of Yavne. 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. Eddie Antar was 68. Sven Nackstrand/AFP/Getty ImagesDeadline reports that Jon Turteltaub, director of the National Treasure films and The Meg, will helm Insane, which will track the real Crazy Eddie's rise and fall. Eddie Antar, in 94-5230, 53 F. " App.