Y. The original store was located at 1117 Kings Highway in Brooklyn, New York. has been operating for 36. Eddie Antar was having an crimes such as. Eddie Antar was 68. 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. Other co-conspirators pleaded guilty to various crimes, cooperated with the government investigations of Crazy Eddie, and testified at. J. 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. He was 68. Antar’s death Saturday was confirmed Monday by the Bloomfield Cooper Jewish Chapels in Ocean Township, N. The Bloomfield-Cooper Jewish Chapels in New Jersey confirmed Antar's death to CNNMoney on Sunday. Sam A. The Bloomfield-Cooper funeral home in Ocean. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. Antar -- grown with interest to $90 million -- for restitution to Crazy Eddie investors. E. 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. 0. 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. Paul and Twin Cities #1GNEVGKW7MJ169537Eddie Antar Found 11 people in New York, New Jersey and 4 other states. 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. Carella, Esq. 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. Rider University. , which did not say where he died or give the cause. I am glad we were able to make our Truck purchase from Eddie Antar. 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. Eddie Antar started young. m. Born: 18-Dec-1947 Birthplace: Brooklyn, NY Died: 10-Sep-2016 Location of death: Ocean Township, NJ Cause of death: unspecified. Eddie was a millionaire, with roughly 53 million dollars in. Share full article. and found guilty of racketeering and stock fraud. longs for the day when her 4-year-old daughter, Livia, can act like a. "Crazy" Eddie Antar. 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. It is intended to be turned over to the S. By Niraj Chokshi Sept. sent his daughter Ellen Kuszer and daughter-in-law Robin Antar (Mitchell Antar’s wife) to accompany Debbie # 1 to Manhattan and catch Eddie in the act of partying with his mistress. Antar was released from prison in 1999. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. His family has not disclosed the cause of his death. United States of America v. Eddie Antar, the mastermind behind New York’s infamous Crazy Eddie CE chain, died on Sept. Antar, Vol. For reprint and licensing requests for this article, click here. The Crazy Eddie brand was born when Eddie Antar opened an electronics store in Brooklyn in the 1970s and became known as “that crazy guy” who offered insanely low discounts. Bush's daughter Dorothy marries Bobby Koch; Jun 30 Actress Cecil Hoffman (Zoe-LA Law) marries Paul. Antar on how the illegal schemes had been carried out. Eddie Antar, who hired a radio disc jockey to portray him in the iconic TV. But Eddie Antar aggressively courted the investment. NEWARK, N. The man who turned the "Crazy Eddie" electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Behind the scenes and the screams, Eddie Antar never met a scam he didn't love and was a pathological liar. Antar, who went into business with his father, turned Crazy Eddie into the largest electronics chain in the New York metropolitan area. Antar, was CFO of Crazy Eddie and was complicit in its fraud. OCEAN TOWNSHIP, N. Crazy Eddie dominated the New York airwaves from the mid-seventies until bankruptcy in 1989. Eddie's first ad aired in 1975, when New York was at a bit of a low point. ); Deborah Rosen Antar; Robert S. This provided Eddie Antar, the owner of Crazy Eddie, the motivation to circumvent the law. By Niraj Chokshi Sept. All groups and messages. 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. Antar, a former accountant and criminal convicted for his role in perpetrating millions of dollars worth of tax and securities fraud, appeared at. 18, 1947, the grandson of Syrian Jewish immigrants. Visit White Bear Lake Superstore in White Bear Lake #MN serving Minneapolis, St. Mitchell Antar has resigned as executive vice president and chief operating officer of Crazy Eddie Inc. Sam E. Eddie Antar, 47, was sentenced to 12 1/2 years in prison and ordered to repay $121 million to investors. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. who sided with their daughter-in-law. Essay, Pages 8 (1852 words) Views. Eddie Antar now owned 2/3 of Sights and Sounds and his father Sam M. Antar. He previously broke the news of Eddie Antar's death in 2016 and later authored a first-person memoir of his experience there. sentenced Eddie Antar, formerly the Chairman and Chief Executive Officer of Crazy Eddie, Inc. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades. As breathless sales pitches occasionally remind us, everything must go. Eddie's father, Sam, who openly sympathized with his daughter-in-law, suffered a heart attack days after the New Year's Eve confrontation. Antar lives in Brooklyn. 2016 Eddie Antar, founder and CEO (Crazy Eddie Electronics Store), dies at 68;EDDIE ANTAR AND DAUGHTERS PHILANTHROPIC FUND, INC. J. to electronics chain called "Crazy Eddie", that supposed to be great & epic, But Unfortunately, Eddie goes end up having terrible problems. Sammy’s testimony, in part, helped investigators trace Eddie’s Israeli bank accounts and other ill-gotten gains. The fraud at Crazy Eddie was one of the longest running in modern times, lasting from 1969 to 1987. Antar. United States v. 2 (emphasis added). Antar's. Commission on September 6, 1989, in which the Commission alleges that Eddie Antar, Sam E. He was extradited and in 1992, in a plea bargain agreement, pleaded guilty to a single charge of racketeering. , 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. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. Today, Carroll is considered to be one of the greatest spokespeople in advertising history. Testimony of Sam E. 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. The chain grew rapidly during the years when the VCR hit the market. Antar. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. Ms. Eddie Antar was 68. 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. I am glad we were able to make our Truck purchase from Eddie Antar. 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. Eddie Womber Williams’ family recorded that Noongar names have a specific meaning. 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. Mr. 1. Sam Antar, the felonious former CFO of Crazy Eddie, is now teaching students and prosecutors how to spot fraud in public companies. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. Sam A. Antar was an intelligent youth but found school boring, dropping out at. Antar, of New York City, also was the mastermind behind schemes to inflate Crazy Eddie's inventory and understate its accounts payable in 1985, 1986 and 1987, SEC lawyers alleged. He used the hard-bargaining techniques of the Middle Eastern souks to undermine the staid, clubby realm of American retailing. . , USDC NJ, Civil Action No. Antar, a window trimmer whose finances revolved around suitcases of cash known as “nehkdi,” and his second wife, Rosie Tawil, the. The Bloomfield-Cooper. Eddie was a family man, a ladies man, and a rich man. Eddie Antar, in 94-5230, 53 F. Several of the employees of. Eddie Antar started the chain in 1969 with a store in Brooklyn, New York. N EW YORK — Crazy Eddie was a consumer electronics empire built on hype. Eddie Antar paid for Sam to learn accounting so he could eventually work at the growing company’s small auditing firm, Penn and Horowitz. Three years later, he was extradited back to the U. 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. 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. Eddie Antar was 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. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. Edition of Sun-JournalThis is the story of a Brooklyn Italian family. Judge Ackerman began his opinion as follows: There is perhaps no more insidious drain on the. 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. Crazy Eddie Fraud Case. 143-145. , and former employees Eddie Gindi and Kathleen Morin. Through a combination of fraud, chutzpah and an irritating, decade-long TV pitch, Antar turned a. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud TV commercials, a. New Yorkers know the company — which imploded when. Electronics kingpin "Crazy Eddie," left, died Saturday at the age of 68. RIP," he wrote. , to a federal prison term of 82 months followed by 2 years of supervised release. Entrepeneur. Eddie Antar (Crazy Eddie) dominated the retail consumer electronics market in the New York City metropolitan area. Although the conviction was overturned, he eventually pleaded guilty and was sentenced to eight years in prison. In 1984, Eddie Antar divorced his wife, and the Crazy Eddie family organization began to fracture. Charles Carella Obituary. Editor's note: This article appeared in the June 5, 1989 issue of Crain's New York Business. Eddie Antar served over 6 years in prison and Mitchell Antar served approximately 2 years. In a deeply personal battle intertwined with her legal actions, Antar is currently involved in a custody dispute over her daughter. According to the proposed amendment to the class action complaint in In re Crazy Eddie Sec. Antar, 75, of West End, New Jersey. See the article in its original context from July 15, 1993, Section D. During the 1980s, I helped mastermind with my cousin Eddie Antar and Uncle Sam M. Crazy Eddie's eventually went public and had a valuation of $600 million. 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. (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. Litig. and the current entity status is Active. I am glad we were able to make our Truck purchase from Eddie Antar. A relative of infamous electronics dealer “Crazy” Eddie Antar is suing JetBlue airlines for cruelly kicking her off a flight because of her service dog, according to a Brooklyn federal lawsuit. Wednesday, Sam Antar was sentenced to 21 months in federal prison in connection with his own investment scheme that went sour. Antar (Eddie’s father), and Ronnie Gindi (a first cousin) in 1969. On one cold February night in 1977, Eddie Antar walked out of an Upper West Side discotheque called Hurrah's and was attacked by two men. E. . Between that time and November 1987, although not in all cases throughout that period, the individual defendants were its directors or officers. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. There, the founder and chief executive of Crazy Eddie Inc. 0:00. Antar's minor children. As Crazy Eddie collapsed, newly uncovered documents show, Mr. 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. Per their story: Antar opened his. The film is being financed by eOne. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. Along with my cousin Eddie Antar, his father Sam M. No cause was given. S. Antar, the. 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. . 524K subscribers 59K views 15 years ago Their prices were insane. Employee Rating. Antar is well known for his schemes regarding Crazy Eddie Electronics, the company he cofounded with his father. , had 43 retail outlets, sales exceeding $350 million, and outstanding stock with a collective market value of $600 million. C. In Episode 124 of Fraud Talk, Gary. Today, Eddie Antar's cousin Sam E. 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. Antar owns 11 percent and the Belzbergs the remainder. EDT 1 Min Read. New Jersey against Eddie Antar, Sam E. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. What they got, instead, was another Antar. Benjamin Kuszer, 48, of Brooklyn, New York, is Eddie's brother- in-law. "A. , to — at its height. We discussed that Eddie Antar came from a Syrian family who had always been merchants before they came to the United States in the 1920s. 2 million. Antar was an intelligent youth but found school boring, dropping out at. Crazy Eddie. She was discharged Saturday and her aunt and uncle. The fraud at Crazy Eddie was one of the longest running in modern times, lasting from 1969. Shop Crazy Eddie clothing on Redbubble in confidence. Eddie Antar, the founder of the Crazy Eddie electronics retail chain known for its hugely popular TV commercials in the 1970s and 1980s, and later brought down by a massive fraud scheme, died Saturday at the age of 68. He was 68. View More Reviews on. Wife of World-famous Astronomer and space scientist Carl SaganCrazy Eddie Summations. TV-PG. 8 Crazy Eddie, Inc. said. OCEAN TOWNSHIP - The man who turned the “Crazy Eddie” electronics stores into a retail giant before it collapsed amid federal fraud charges has died. 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. Eddie Antar was 68. Deborah Joyce Antar currently resides in New York, New York. 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. The. Testimony of Sam E. 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. He was 68. Nearly 30 years after the fact, the. Eddie Palmieri's ConjuntoBorn in 1947, Antar opened his first Crazy Eddie electronics store when he was in his early 20s, in Brooklyn, N. Crazy Eddie may have died rich. September 12, 2016, 10:34 a. She is also a mother. Many family members remained loyal to Eddie—who always relied on a charismatic personality to charm employees, customers, and vendors—while other members of the family decided to side with Eddie's ex-wife. -- The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. The real Eddie, last name Antar, was born in 1947 to Sam M. Antar, a former CPA and former CFO of a family-run business, Crazy Eddie, Inc. June 29, 2012, 4:27 p. 1. 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. Crazy Eddie was a consumer electronics empire built on hype. The father of five's cause of death has not been made public. 8Crazy Eddie, Inc. 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, 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. 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. Antar was sentenced to 21 months in federal prison in 2013 for taking $225,000 in a fraudulent investment scheme and spending the money in part on gambling, and he pled guilty in 2019 to second-degree theft by deception in another investment scheme. In November 1986, Mr. J. His cousin Eddie Antar, the company’s CEO, fled to Israel in 1990. 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. 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. Mr. 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 1981, Sam passed the CPA. View More Reviews on. MORE: 'Crazy Eddie' dead at 68. This was viewed by the customers in a great way, resulting in a large loyalty from his customers. Antar, who is now 44 years old, was apparently laying the groundwork for a new life. Fled to Israel in February 1990 to avoid prosecution with $53 million in Swiss bank accounts. District Judge Harold A. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. Trump, who was one of his brothers-in-law, and Eddie Antar, the electronics retail chain executive known as Crazy Eddie. opened its. Charles C. The family business grew into a chain with. Crazy Eddie was founded in 1969 by Eddie Antar and his father, Sam M. Crazy Eddie’s fraudulent empire. Eddie's cousin Sam Antar, tells us how they did it and. 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. In 1987, Eddie Antar was forced out, and a physical inventory undertaken by new management revealed that $40 million of merchandise did not exist. Used 2021 Chevrolet Traverse LT Cloth SUV Summit White for sale - only $31,491. Other attempts have. 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. 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. 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. Criminal. 89-3773, NHP] (LR-13509) CORRECTION A heading in the February 1 issue of the Digest inadvertently stated there was a. Eddie Antar started the chain in 1969 with a store in Brooklyn, N. Behold, The another logo over. O. Antar, 59, the founder and former chief executive of the now-defunct Crazy Eddie chain of electronics stores, has never heard of Alexander. He was 68. ' De-spite this modest beginning, Antar would eventually dominate the retail consumer electronics market in the New York City metropolitan area. He was extradited to the United States in early 1993 to stand trial. Trump, who was one of his brothers-in-law, and Eddie Antar, the electronics retail chain executive known as Crazy Eddie. 9 million to disgorge profits from Eddie’s illegal stock sales. Eddie Antar served over 6 years in prison and Mitchell Antar served approximately 2 years. Crazy Eddie. He took the electronics chain from one store in Brooklyn, N. In other words, he turns the complicated and baffling into simple and understandable. 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. 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, these sources said, is particularly fond of his daughter-in-law and the couple's daughters, who range in age from 8 to 14. 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. T-shirts, hoodies, tops, dresses, skirts, hats, and more in a huge range of styles, colors, and sizes (XS - plus size). "I remember Marvin buying Eddie a dog, or maybe Eddie bought one for Marvin," Mr. The S. of 1. Sam M. Founded by father and son team Sam M. The Complaint alleges that defendants engaged in activities directed by Eddie Antar as a result of which Crazy Eddie fraudulently . Eddie Antar, whose Crazy Eddie retail chain was once as much a part of the New York landscape as pizza slices and the ubiquitous yellow cab, has died. The 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. 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. Crazy Eddie's eventually went public and had a valuation of $600 million. Nearly 30 years after the fact, the. “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. Added: 25 Apr 1998. The bean counters at Green Mountain Coffee Roasters have a new watchdog on their case, and he smells trouble brewing. An Audacious Start: Eddie Antar was born in Brooklyn, New York, on Dec. 9 million to disgorge profits from Eddie's illegal stock sales. This chapter discusses how, during the 1980s, Sam E. The original predecessor company to Crazy Eddie was ERS Electronics, which was founded by Eddie Antar, Sam M. Ackerman ordered. After Eddie fled the country, Sammy offered to testify for Federal prosecutors in exchange for immunity. 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. Directions. 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. BROOKLYN-- He was known as Crazy Eddie. m. Antar co-founded. Tweet on TwitterFollowing his time in prison, Antar desperately tried to start one electronics effort after another, but ultimately they all failed. Eddie married first name Antar (born Rosen) . — Herb Greenberg (@herbgreenberg) September 10, 2016 "Love him/hate him, he was an original. " App. Because of his. Highly recommend him to all shoppers. Antar owned 1/3 of Sights and Sounds. Crazy Eddie began as a family-controlled operation with Eddie Antar as the key. Eddie Antar was born in New York in 1947 and with his relatives set up discount electronics store Sight and Sound in 1969. Cofounder of the electronics retail chain Crazy Eddie, Inc. Antar, who having started. 3d 568 Docket: 94-5228. 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. Chertoff said. The term "crazy" came. . " App. 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. Mitchell Antar, 39, was sentenced to four years in prison and ordered to pay back $3. Eddie Cantor. , USDC NJ, Civil Action No. The chain rose to prominence throughout the Tri-State area as much for its prices as for its memorable radio and television commercials,. 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. Antar, nephew of the crook behind the epic Crazy Eddie scam, last week settled a federal securities-fraud case from his New Jersey prison. Eddie Antar And Daughters Philanthropic Fund, Inc. owned equal 1/3 shares of ERS Electronics. The Early Years. “Crazy” Eddie Antar, dubbed the “Darth Vader of Capitalism” by the then. Carroll's fast-talking, shout-at-you. E. Crazy Eddie Innovator Eddie Antar Dead at 68. As I have shared with. View contact information: phones, addresses, emails and networks. The money involved was dwarfed by the Crazy Eddie saga, which bilked. BROOKLYN-- He was known as Crazy Eddie. 3d 568 — Brought to you by Free Law Project, a non-profit dedicated to creating high quality open legal information. Dealership Rating. 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. 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 addition. Eddie. , committing securities fraud by “going legit”. J. Sept. It also evokes the saga of the Syrian. Dec 4, 2017 6:43 PM EST. 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. Eddie Antar, his father Sam M. Gonzalez, Jr. 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. American Ambassadors. 1051. By 1989 the company was bankrupt. provided similar testimony for fiscal. Antar, Vol. Antar was sentenced to 21 months in federal prison in 2013 for taking $225,000 in a fraudulent investment scheme and spending the money in part on gambling, and he pled guilty in 2019 to second-degree theft by deception in another investment scheme. e. 89-3773 (JCL) (D. Mr. Theodora Antar, who is suing some 325 judges, lawyers, entities and institutions, is in her second year of law at the University of Connecticut School of Law. . Sam A. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud. Eddie Antar was 68. Eddie Antar, center, founder of the Crazy Eddie electronics store chain, is led in handcuffs after being extradited from Israel. , Inc. Stiff Sentence. No cause was given.