Whether you wear women's clothing or men's clothing you’ll find the original artwork that’s perfect for 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. Not until Eddie Antar fled to Israel to escape fraud charges did I realize the TV spokesnut and CEO. 1051. 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. With the help of his popular commercials – which aired for nearly 15 years and. Sol Goldman, largest individual real estate owner in NYC: Chrysler Building; Plaza Hotel, etc. Eddie Antar paid for his cousin Sam E. United States v. No cause was given. Antar. Crazy Eddie's eventually went public and had a valuation of $600 million. The footnote states: "(2) Includes (i) 2,088,330 shares owned by Eddie Antar directly and (ii) 240,000 shares held by Eddie Antar as custodian for the benefit of Mr. Antar lives in Brooklyn. 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. “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. N EW YORK — Crazy Eddie was a consumer electronics empire built on hype. Later extradited and. The bean counters at Green Mountain Coffee Roasters have a new watchdog on their case, and he smells trouble brewing. He stayed out of jail by turning on several others, including his cousin, Eddie Antar, who was Crazy Eddie’s co-founder. This particular great American scam is told in painstaking detail by Gary Weiss in “Retail Gangster: The INSANE, Real-Life. Antar's minor children. After going public in the 1980s, the stock became nearly a 10-bagger before investigators found it. S. Eddie Antar, in 94-5230, 53 F. Crazy Eddie Antar was coined by US Attorney Michael. The film is being financed by eOne. Paul and Twin Cities #1GNEVGKW7MJ169537Eddie Antar Found 11 people in New York, New Jersey and 4 other states. Antar vanished from the United States after. sentenced Eddie Antar, formerly the Chairman and Chief Executive Officer of Crazy Eddie, Inc. ); Deborah Rosen Antar; Robert S. 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. A sketch showing the. Available on Prime Video, Tubi TV, Amazon Freevee. Find a Grave Memorial ID: 169825229. Eddie had 3 siblings. Antar realized $16,857,332, and other family members and associates realized lesser amounts. Although the conviction was overturned, he eventually pleaded guilty and was sentenced to eight years in prison. By Peter Carbonara Sam Antar testified against his cousin, Crazy. Whoa, he’s still got his Crazy Eddie. 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. "Crazy" Eddie Antar. By 1987,Antar's firm, Crazy Eddie , Inc. 5 million shares of his stock, Mr. Crazy Eddie may have died rich. Antar, the. Crazy Eddie became a known symbol for corporate fraud in its. Antar's. In the process, he kicked off a discounting frenzy that proved a boon for consumers but didn’t translate well on Wall Street. Employee Rating. Fled to Israel in February 1990 to avoid prosecution with $53 million in Swiss bank accounts. She was discharged Saturday and her aunt and uncle. 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. . Few things evoke the New York of a particular era the way “Crazy Eddie!Eddie Antar, 47, was sentenced to 12 1/2 years in prison and ordered to repay $121 million to investors. 1. provided similar testimony for fiscal. BROOKLYN-- He was known as Crazy Eddie. In 1969, Eddie Antar, a 21-year-old high school dropout from Brooklyn, opened a con- sumer electronics store with 150 square feet of floor space in New York City. In addition. Cofounder of the electronics retail chain Crazy Eddie, Inc. Charles C. The elder Mr. UMASS Boston Eddie Antar Crazy Eddie. 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. their book keeping stole millions! Crazy Eddie Antar and his cousin Sam Antar meet face-to-face decades after their business ende. 143-145. 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. 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. S. Testimony of Sam E. Antar eventually pleaded guilty to. Known as Eddie Antar, he became a pioneer. " (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. Added: 12 Sep 2016. Directions. 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). CNNMoney (New York) First published September 11, 2016: 6:59 PM ET Eddie Antar,. In 1993 Eddie Antar, left, was convicted on racketeering and stock fraud charges. (AP) — The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Eddie Palmieri's ConjuntoBorn in 1947, Antar opened his first Crazy Eddie electronics store when he was in his early 20s, in Brooklyn, N. Allen Antar, 48, of Oakhurst, New Jersey, is one of Eddie's brothers. 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. Eddie Antar was born on 18 December 1947, in Brooklyn, New York City, New York, United States as the son of Sam Antar. (AP) _ Eddie Antar, a fallen electronics tycoon who became an international fugitive, must remain in prison for 40 more months for cheating investors in his Crazy Eddie chain, a federal judge said Monday. The testimony of Sam E. By Niraj Chokshi Sept. 1650 West 82nd Street, Suite 600, Bloomington, MN 55431. Fled to Israel in February 1990 to avoid prosecution with $53 million in Swiss bank accounts. 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. , a leading consumer electronics retailer in NY. Eddie Antar, the founder of the electronics chain Crazy Eddie, which collapsed amid accusations of accounting fraud, has died at the age of 68. After Eddie fled the country, Sammy offered to testify for Federal prosecutors in exchange for immunity. The elder Mr. " App. " It's a colorful story from the early days of home PC sales. 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. Dealership Rating. Stiff and unable to bend. 11, 1993. 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. 952-831-2707 | 1-800-331-4288. 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. Benjamin Kuszer, 48, of Brooklyn, New York, is Eddie's brother- in-law. 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. 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. Rosenbaum, President of R. In Episode 124 of Fraud Talk, Gary Weiss, author of “Retail. 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). Added: 25 Apr 1998. Zinn and Mr. Eddie Antar now owned 2/3 of Sights and Sounds and his father Sam M. 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. By Alpha-burn. Eddie Antar, better known as “Crazy Eddie,” is a very prevalent fraudster in the world of accounting. United States of America v. Eddie Antar served over 6 years in prison and Mitchell Antar served approximately 2 years. Eddie Antar, his father Sam MAntar. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud TV commercials. Eddie failed to build. On September 10, 2016, he died at the age of 68, reportedly having been battling liver cancer. Marvin Jemal and Eddie Antar, the head of Crazy Eddie, shared an affection for dogs, for example. 89-3773 (JCL) (D. Share on Facebook. Antar's minor children. Eddie Antar, 68, who owned retail chain Crazy Eddie electronics, has died. To meet analysts’ expectations, we conceived of a plan called the “Panama Pump”. Headquartered in Edison, it grew to 43 stores in four states. . The girl had been at the hospital since hours after the Feb. 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. The Bloomfield-Cooper funeral home in Ocean. E. Katy Perry & Orlando Bloom’s Daughter Daisy Dove Makes Public Debut at Vegas. Mitchell Antar, in 94-5228. Judge Ackerman began his opinion as follows: There is perhaps no more insidious drain on the. Sam E. Antar co-founded. The fraud at Crazy Eddie was one of the longest running in modern times, lasting from 1969. Antar, a close friend and cousin of Eddie Antar, joined the company and became its controller. Antar. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. Dan Hulshizer / AP. . Aggressiveness was the primary factor used by Antar in driving the consumer electronics store he built in 1980. JTA — Crazy Eddie was a consumer electronics empire built on hype. Antar, which is to continue next week, has bolstered the government’s contention that Eddie Antar, along with his brothers Mitchell and Allen, bilked stockholders of $80 million before the chain collapsed in the late 1980s. Get this Sun-Journal page for free from Monday, February 2, 1987 r' 2C Lewiston Journal Community events Monday Fabruary 2 1987 A Patent Business briefs Management s. 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. -- The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. Eddie Antar, his father Sam M. Antar, who went into business with his father, turned Crazy Eddie into the largest electronics chain in the New York metropolitan area. Eddie Antar started the chain in 1969 with a store in Brooklyn, New York. By 1989 the company was bankrupt. In April, the court ordered Sam Antar to return $57. Danielle Antar: Birthdate: estimated between 1952 and 2012 : Death: Immediate Family: Daughter of Eddie Antar and Private Sister of Private; Private; Private; Private and Private . All groups and messages. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. 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. Highly recommend him to all shoppers. 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. He was extradited to the United States in early 1993 to stand trial. Antar died in 2016. 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. 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. 1051. of 1. Eddie Antar came from a low rent neighborhood in Brooklyn from a family of merchants. Crazy Eddie began as a family-controlled operation with Eddie Antar as the key. , which obtained a $73 million judgment against Mr. Crazy Eddie was a consumer electronics empire built on hype. Eddie (Samuel) Antar was born on month day 1947, in birth place, New York, to Samuel (Murad) Antar and Rose (Abraham) Antar (born Tawil). Dealership Rating. 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. J. , USDC NJ, Civil Action No. Antar on how the illegal schemes had been carried out. Antar, one of the largest securities frauds of its time This securities fraud cost investors hundreds of millions of dollars, cost many people. The Father’s an over the top, avid Yankee fan. Antar’s death Saturday was confirmed Monday by the Bloomfield Cooper Jewish Chapels in Ocean Township, N. 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. and the current entity status is Active. J. 01. In 1990, Antar fled to Israel after being indicted on securities fraud and insider trading. A certified public accountant, he had. 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. Deadline reports the following rundown of the story of Crazy Eddie: Antar opened. Eddie Antar was 68. O. 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. 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. Masterminds. Crazy Eddie Antar. 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. In 1965, Natalie married actor Robert Clary. During the 1980’s Sam E Antar was the Chief Financial Officer of Crazy Eddie. It’s about family, business, ambition, money, and betrayal. Employee Rating. At its height, Crazy Eddie had 43 stores in four North Eastern states. 12, 2022, 6:22 a. . Crazy Eddie. Between that time and November 1987, although not in all cases throughout that period, the individual defendants were its directors or officers. 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. Antar, who having started. Antar knows a thing or two about corporate fraud. Provide details on what you need help with along with a budget and time limit. What they got, instead, was another Antar. 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. The screenplay was written by Peter Steinfeld. Soon after, Sam. Headquartered in Edison, it grew to 43 stores in four states. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. Family turmoil persisted and. overstated its. By 1989 the company was bankrupt. Gender: Male Religion: Jewish Race or . Apr 05, 2021. At the age of 20 years old, Antar opened up his very first store, Crazy Eddie. opened its. . The. He was 68. Although Eddie. Sup. Eddie Antar, et a1. Much of the money was sent to a bank account in Israel. ”. 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”Eddie Antar, the electronics retail giant known as "Crazy Eddie" in his infamous commercials, has died at age 68. Speaking at a fraud seminar Friday co-sponsored by the Center for Audit. He. 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. 13, 2016 6:16 pm ET. New Jersey Department of Corrections. He took the electronics chain from one store in Brooklyn, N. Mr. 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. Eddie Antar, the electronics kingpin who once presided over a retail empire spanning four states, died Saturday, according to a family member. On this episode of Dirty Money, co-hosts Jon Small and Dan Bova speak with Gary Weiss,. Eddie Antar. 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. Although the conviction was overturned, he eventually pleaded guilty and was sentenced to eight years in prison. 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. 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. Mitchell Antar, 39, was sentenced to four years in prison and ordered to pay back $3. Bush's daughter Dorothy marries Bobby Koch; Jun 30 Actress Cecil Hoffman (Zoe-LA Law) marries Paul. Eddie Cantor. Three decades after it collapsed under the immense weight of a. Eddie Antar, 47, was sentenced to 12 1/2 years in prison and ordered to repay $121 million to investors. 18, 1947, the grandson of Syrian Jewish immigrants. Sam M. He had a mistress. James Gandolfini, Actor. To survive in business, Eddie Antar resorted to circumventing fair trade by discounting merchandise to customers. Check resumes and CV, places of employment, news, social media profiles, photos and videos, public records, skilled experts, arrest records and business records. Antar was the primary person that told me. 10 at the age of 68. published March 27, 2019. 89-3773 (NHP)] (LR-12548) DISMISSAL GRANTED TO LEONARD M. , committing securities fraud by “going legit”. Antar is the nephew of Eddie Antar, who founded the Crazy Eddie electronics stores in the 1970s and 1980s. Eddie (Samuel) Antar was born on month day 1947, in birth place, New York, to Samuel (Murad) Antar and Rose (Abraham) Antar (born Tawil). Maxene Andrews. Antar. Mitchell Antar has resigned as executive vice president and chief operating officer of Crazy Eddie Inc. — Herb Greenberg (@herbgreenberg) September 10, 2016 "Love him/hate him, he was an original. Sam A. 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. Antar to see what he could tell me about his cousin Sam A. said. By Jackie Wattles. — Herb Greenberg (@herbgreenberg) September 10, 2016 "Love him/hate him, he was an original. The government and various civil litigants recovered over $75 million from Eddie and $2 million from Mitchell. 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. " App. CustomerService@mncpa. "I remember Marvin buying Eddie a dog, or maybe Eddie bought one for Marvin," Mr. 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. Few things evoke the New York of a particular era the way "Crazy Eddie! His prices are insaaaaane!" does. Eddie Antar died in 2016. CNNMoney (New York) First published September 11, 2016: 6:59 PM ET Eddie Antar,. Serial fraudster Sam A. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984. The insularity of the organization was reflected in the ranks of employees who belonged to the tightknit Syrian community. Managed by: Private User Last Updated: April 29, 2022His cousin, chief executive Eddie Antar, ultimately went to prison for about seven years. Px 44 at 1 n. It’s Friday. Eddie fled to Israel using a fake passport and the alias David Jacob Levi Cohen, and purchased a townhouse in the city of Yavne. "Crazy" Eddie Antar, center, founder of the Crazy Eddie electronics store chain, is led in handcuffs after being extradited from Israel on Jan. I am glad we were able to make our Truck purchase from Eddie Antar. Crazy Eddie Fraud Case. Eddie Antar, Who Started The Crazy Eddie Chain With 'Insane!'. By 1987,. The money involved was dwarfed by the Crazy Eddie saga, which bilked. S. Antar is the former businessman who cooked the books at Crazy Eddie. Debbie # 1 confronted Eddie walking to a stretch limousine with Debbie # 2 and a huge street fight erupted between them. Eddie's cousin Sam Antar, tells us how they did it and. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. J. Antar, a close friend and cousin of Eddie Antar, joined the company and became its controller. Sept. Operating undetected for years, Eddie’s business practices were grounded in fraud from the very beginning. The last Crazy Eddie stores closed for good at the end of 1989. “The kid is a degenerate gambler,” Sam. Deborah is 74 years old and was born in June 1949. Nearly 30 years after the fact, the. He used the hard-bargaining techniques of the Middle Eastern souks to undermine the staid, clubby realm of American retailing. A man’s face on 20 Now 62, Antar ended up cooperating with the feds, which helped them convict Eddie Antar on multiple charges, sending him to prison for a seven-year stretch. 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. The bidders said that they already owned 14 percent of Crazy Eddie's 31. Their prices were insane. 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. OCEAN TOWNSHIP, N. It was unsuccessful to begin. , U. Wednesday, Sam Antar was sentenced to 21 months in federal prison in connection with his own investment scheme that went sour. 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. Growing up poor he had dreams and aspirations of becoming a household name. . ) 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. NEWARK, N. Eddie Antar was 68. By Peter Carbonara Sam Antar testified against his cousin, Crazy. In a statement given by Sam E. Crazy Eddie. He was extradited and in 1992, in a plea bargain agreement, pleaded guilty to a single charge of racketeering. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. February 27, 1990 arrest warrant for Eddie Antar. His cousin Eddie Antar, the company’s CEO, fled to Israel in 1990. Maintained by: Find a Grave. "A. J. The Antar family criminal enterprise ranged from under-reporting income taxes in the 1970s. The. The repatriation order again came up during the trial when Eddie's daughter 57. 1 Despite this modest beginning, Antar would eventually dominate the retail consumer elec- tronics market in the New York City. He was 68. Eddie Antar was having an crimes such as. CASE 1. 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. Actor. One memorable family story featured Murad Antar—Eddie and Sam’s grandfather and family patriarch who immigrated to America in 1920. Member National Association Professional Organizations. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. 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. 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. Source citation. In November 1986, Mr. The father of five's cause of death has not been made public. The notoriety of this case has continued into the 21st century. 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. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. Chertoff said. After Antar fled. In July 1984, Sam E. The younger Antar, who had become Crazy Eddie’s CFO, pled guilty to charges of securities and mail fraud conspiracy and obstruction of justice. O. Today, Eddie Antar's cousin Sam E. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. E.