, 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. owned equal 1/3 shares of ERS Electronics. Eddie Antar came from a low rent neighborhood in Brooklyn from a family of merchants. The funeral home said it had no details on. m. Eddie's father, Sam, who openly sympathized with his daughter-in-law, suffered a heart attack days after the New Year's Eve confrontation. Media - 9 Elul 5776 – September 12, 2016. J. He died in 2016 at the age of 68. 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. The Crazy Eddie crime spree evolved in three phases: (1) 1969-1979: Skimming and under-reporting income (tax fraud) prior to the big plan to go public. The term "crazy" came. "I remember Marvin buying Eddie a dog, or maybe Eddie bought one for Marvin," Mr. Marvin Jemal and Eddie Antar, the head of Crazy Eddie, shared an affection for dogs, for example. Mr. Ms. Eddie Antar, better known as “Crazy Eddie,” is a very prevalent fraudster in the world of accounting. 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. In other words, he turns the complicated and baffling into simple and understandable. The Antar family committed a laundry list of scams making it look like business was booming. Founded by father and son team Sam M. Antar was an intelligent youth but found school boring, dropping out at. Stiff and unable to bend. E. Tweet on TwitterFollowing his time in prison, Antar desperately tried to start one electronics effort after another, but ultimately they all failed. United States. No one's prices have been quite as "insaaaaaaane. Antar fled the country in 1990 and two years later was arrested in Israel. In 1993 Eddie Antar, left, was convicted on racketeering and stock fraud charges. Eddie married first name Antar (born Rosen) . 1 Despite this modest beginning, Antar would eventually dominate the retail consumer elec- tronics market in the New York City. Electronics kingpin "Crazy Eddie," left, died Saturday at the age of 68. , with his family at his side. By 1989 the company was bankrupt. Antar, who served as Crazy Eddie's CFO, gleefully recounted how he bamboozled the outside auditors and then avoided prison by testifying against his cousin. Sam A. OCEAN TOWNSHIP, N. 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. Born: 18-Dec-1947 Birthplace: Brooklyn, NY Died: 10-Sep-2016 Location of death: Ocean Township, NJ Cause of death: unspecified. Mr. Michael Cohn. His family has not disclosed the cause of his death. Antar and Eddie Antar, Crazy Eddie was a Brooklyn electronics discount store first known as Sights and Sounds when it opened in 1969. No cause was given. 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. Antar, and other members of Eddie’s immediate family, I helped to mastermind one of the largest securities frauds perpetrated in the 1980’s. The notoriety of this case has continued into the 21st century. I am glad we were able to make our Truck purchase from Eddie Antar. 18, 1947, the grandson of Syrian Jewish immigrants. The difference between a 4% increase in sales and the 10% increase in same store sales expected by Wall Street analysts was about $2. Eddie Antar died in 2016. BROOKLYN-- He was known as Crazy Eddie. Antar on how the illegal schemes had been carried out. Y. Provide details on what you need help with along with a budget and time limit. During his term as the company's chief executive. Apr 05, 2021. Entrepreneur Eddie Antar grew his chain of discounts 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. NEWARK, N. (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. A month later, the company announced its first-ever decline in same-store sales, an. 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. 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 started the chain in 1969 with a store in Brooklyn, New York. . Crazy Eddie’s fraudulent empire. Crazy Eddie became a known symbol for corporate fraud in its. I am glad we were able to make our Truck purchase from Eddie Antar. S1 E1: Eddie Antar is the father of electronics super store chain and the mastermind behind the biggest retail fraud in American history. 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. 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. 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. A mother brings her daughter into the emergency room during an asthma attack. Editor-in-chief, AccountingToday. 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. Masterminds. In 1971, Eddie Antar purchased Ronnie Gindi's share of ERS electronics for $25,000 in cash. Antar, will provide straight talk and facts as to the dangers of fraud, lack of internal controls, lack of careful auditing, and how criminals take advantage of human nature and the weaknesses of others. , committing securities fraud by “going legit”. . 5 million shares - at $14 a share. The book not only documents Antar’s nefarious antics in lucid detail. Crazy Eddie. 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. 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. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. By 1987,Antar's firm, Crazy Eddie , Inc. Mr. “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. Daphne Guinness [English] Peter Beard and Cheryl Tiegs, Supermodel, represented Peter Beard. App. 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. Eddie Antar once reigned over an electronics chain with 43 locations in New York, New Jersey, Pennsylvania and Connecticut, NJ Advance Media reported. 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. By 1989 the company was bankrupt. 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. Antar to learn accounting so he could eventually work at the growing company’s small auditing firm, Penn and Horowitz. Eddie Antar made more than $74. ) Sam E. Antar, 59, the founder and former chief executive of the now-defunct Crazy Eddie chain of electronics stores, has never heard of Alexander. 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. As breathless sales pitches occasionally remind us, everything must go. has been operating for 36. He and members of his family were too busy engineering a $120 million rip-off. Few things evoke the New York of a particular era the way "Crazy Eddie! His prices are insaaaaane!" does. Had the auditors invested the time and expense to investigate Eddie before accepting him as a client, they perhaps would. Later extradited and. 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. Share on Facebook. 8 Crazy Eddie, Inc. E. "Crazy" Eddie Antar, center, founder of the Crazy Eddie electronics store chain, is led in handcuffs after being extradited from Israel on Jan. , 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. Between that time and November 1987, although not in all cases throughout that period, the individual defendants were its directors or officers. 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. Eddie was a millionaire, with roughly 53 million dollars in. Antar. J. Although Eddie Antar founded the company, Sam. Eddie Antar was having an crimes such as. Had the auditors invested the time and expense to investigate Eddie before accepting him as a client, they perhaps would. And interesting enough, Danny DeVito is set to direct a biopic about his life. The film is being financed by eOne. Antar was an intelligent youth but found school boring, dropping out at. See the article in its original context from July 15, 1993, Section D. Per their story: Antar opened his. Antar's uncle hid up to $3. In other words, he turns the complicated and baffling into simple and understandable. Antar is the former businessman who cooked the books at Crazy Eddie. 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. The S. Wednesday, Sam Antar was sentenced to 21 months in federal prison in connection with his own investment scheme that went sour. Antar co-founded. For reprint and licensing requests for this article, click here. Highly recommend him to all shoppers. 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. (AP) — The man who turned the Crazy Eddie electronics stores into a retail giant before it collapsed amid federal fraud charges has died. She is also a mother. 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. In the process, he kicked off a discounting frenzy that proved a boon for consumers but didn’t translate well on Wall Street. District Judge for the Southern District of Florida granted the Commission's Kotion AsFor Order Of Dismissal. 12, 2022, 6:22 a. Photo: Jeff Zelevansky/Associated Press. Antar, a former accountant and criminal convicted for his role in perpetrating millions of dollars worth of tax and securities fraud, appeared at. The real Eddie Antar didn’t have time for acting. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. 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. Many people thought that the man featured in the Crazy Eddie commercials was the founder, Antar, but it was actually a radio disc jockey named Jerry Carroll, who performed in 7,500-plus. View More Reviews on. Aug. S. Mr. Sept. I committed my crimes, simply because I could. Whether you wear women's clothing or men's clothing you’ll find the original artwork that’s perfect for you. New Jersey against Eddie Antar, Sam E. 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. 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. Mr. 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. The father of five's cause of death has not been made public. Eddie. 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. 1. 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. 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. As Crazy Eddie collapsed, newly uncovered documents show, Mr. , had 43 retail outlets, sales exceeding $350 million, and outstanding stock with a collective market value of $600 million. Antar was released from prison in 1999. . “More than anything else, I miss the variety of New York,” said Eddie Antar, 58, of the Inwood section of Manhattan. The Early Years. Not until Eddie Antar fled to Israel to escape fraud charges did I realize the TV spokesnut and CEO. E. 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. Mitchell Antar has resigned as executive vice president and chief operating officer of Crazy Eddie Inc. Gonzalez, Jr. Believe it or not, there really was a real life salesman named Crazy Eddie. 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. Y. Serial fraudster Sam A. In a statement given by Sam E. He was 68. Owner of the famous Crazy Eddie chain of stores. Former Crazy Eddie store pitchman Jerry Carroll, center, and Alan Antar, brother of store founder Eddie Antar, at a 1998 opening. Eddie Antar was born in New York in 1947 and with his relatives set up discount electronics store Sight and Sound in 1969. Antar, a close friend and cousin of Eddie Antar, joined the company and became its controller. Eddie Antar, his father Sam M. Crazy Eddie began as a family-controlled operation with Eddie Antar as the key. -- 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. American broadcaster (Coke Time with Eddie Fisher, Robbins Nest), dies at 72; Jun 24 Juris. In Episode 124 of Fraud Talk, Gary. We’ll follow up on a story about the spotted lanternfly, an invasive pest the experts say you should kill. Mr. The girl had been at the hospital since hours after the Feb. Antar lives in Brooklyn. Antar. " App. The Bloomfield-Cooper funeral home in Ocean. m. Rosenbaum, President of R. , to — at its height. 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. 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. In 1965, Natalie married actor Robert Clary. 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. One memorable family story featured Murad Antar—Eddie and Sam’s grandfather and family patriarch who immigrated to America in 1920. “The kid is a degenerate gambler,” Sam. He built “Crazy Eddie’s” into a publicly traded $300 million company with many franchise locations. A cause of death wasn't disclosed. 20 old farm road, oakhurst, NJ 07755250 e 63rd street 1012, new york, NY 10065265 e 66th st apt 25d, new york, NY 10065265 e 66th st apt 31a, new york, NY 10065265 e 66th st apt 38a, new york, NY 10065265 e 66th street. He was 68. Eddie Antar was 68. Eddie's first ad aired in 1975, when New York was at a bit of a low point. 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. The screenplay was written by Peter Steinfeld. Brooklyn, New Jersey. S. EDT 1 Min Read. Y. In 1992, he was caught in Israel and, after a lengthy extradition. 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. He was a true genius (“goen”). United States of America v. J. Several of the employees of. In Episode 124 of Fraud Talk, Gary Weiss, author of “Retail. "A. Antar, the. (2) 1980-1984: Gradually reducing skimming to increase profit growth in preparation for the initial public offering, i. May 26, 2023 11:48 AM Crazy Eddie’s nephew settles $650K fraud case from prison cell Aaron Elstein Email Share Tweet Share New Jersey Department of Corrections Sam A. Eddie Antar was 68. Edition of Sun-JournalThis is the story of a Brooklyn Italian family. Now Sam Antar, 52, is using the expertise he gained as a criminal to uncover accounting problems at other. Eddie failed to build. Eddie's cousin Sam Antar, tells us how they did it and. On this episode of Dirty Money, co-hosts Jon Small and Dan Bova speak with Gary Weiss,. Apr 05, 2021. and is obligated to disgorge that amount; and (2) Eddie Antar is liable for prejudgment interest in the amount of $20,976,884. Eddie. Eddie Antar defrauded investors out of more than $74 million, and died in 2016. Stiff and unable to bend. . 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. 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. Deborah Joyce Antar currently resides in New York, New York. His cousin, Sam E. In addition. Apr 05, 2021. 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. Founded by Eddie Antar, Crazy Eddie was a chain of consumer electronic stores in the Northeast. The Bloomfield-Cooper Jewish Chapels in New Jersey confirmed Antar’s death to CNNMoney on Sunday. — Herb Greenberg (@herbgreenberg) September 10, 2016 "Love him/hate him, he was an original. Eddie Antar and Sam M. Eddie Antar paid for Sam to learn accounting so he could eventually work at the growing company’s small auditing firm, Penn and Horowitz. To meet analysts’ expectations, we conceived of a plan called the “Panama Pump”. He was 68. The government and various civil litigants recovered over $75 million from Eddie and $2 million from Mitchell. Visit White Bear Lake Superstore in White Bear Lake #MN serving Minneapolis, St. All groups and messages. 2 million. Antar: “1969-1979: Skimming and under-reporting income (tax fraud) prior to the big plan to go public. OCEAN TOWNSHIP, N. Eddie Antar was 68. 10 at the age of 68. 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. There, the founder and chief executive of Crazy Eddie Inc. Actor. pdf) or read online for free. 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. 0:52. 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. The last Crazy Eddie stores closed for good at the end of 1989. 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. (3) 1984-1987: As a public company. Antar started in the early '70s with a single electronics store in Brooklyn and his empire eventually grew to 43 stores in four states. C. He was convicted. 89-3773 (NHP)] (LR-12548) DISMISSAL GRANTED TO LEONARD M. Antar’s death Saturday was confirmed Monday by the Bloomfield Cooper Jewish Chapels in Ocean Township, N. Although Eddie Antar founded the company, Sam. It’s Friday. Headquartered in Edison, it grew to 43 stores in four states. Antar was the primary person that told me. . Eddie Antar was 68. (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. In 1976, Larry Weiss, Crazy Eddie’s advertising director, hired WPIX-FM disc jockey Jerry Carroll as the official face of Crazy Eddie. Crazy Eddie's eventually went public and had a valuation of $600 million. Entrepreneur Eddie Antar grew his chain of discounts stores in the New York of the 1970s with unforgettably loud TV commercials. Antar, a window trimmer whose finances revolved around suitcases of cash known as “nehkdi,”. The. Though both of her parents work, they cannot afford medical insurance for themselves or her. 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. 1051. Subject of Burt Lancaster movie. Gonzalez, Jr. 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 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. February 27, 1990 arrest warrant for Eddie Antar. He stayed out of jail by turning on several others, including his cousin, Eddie Antar, who was Crazy Eddie’s co-founder. Unsure about her new surroundings, the winsome blonde parks herself in front of a wall of television sets. Eddie had 3 siblings. 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. Dec 4, 2017 6:43 PM EST. 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, Mitchell Antar, Isaac Kairey, and David Panoff, former officers and directors of Crazy Eddie, Inc. Sam E. He took the electronics chain from one store in Brooklyn, N. Antar, Vol. J. Along with my cousin Eddie Antar, his father Sam M. Source citation. Ackerman ordered. 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. NEW YORK (JTA) – Crazy Eddie was a consumer electronics empire built on hype. Commission on September 6, 1989, in which the Commission alleges that Eddie Antar, Sam E. Antar vanished from the United States after. N EW YORK — Crazy Eddie was a consumer electronics empire built on hype. Antar eventually pleaded guilty to. As I have shared with. 10. Crazy Eddie began as a family-controlled operation with Eddie Antar as the key. The chain rose to prominence throughout the Tri-State area as much for its prices as for its memorable radio and television commercials,. 5 million in principal and interest to regulators to help reimburse Crazy Eddie shareholders, who lost about $120 million, the S. 11, 1993. 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. Apr 05, 2021. She and her daughters paid $3. Mitchell Antar, 39, was sentenced to four years in prison and ordered to pay back $3. As Crazy Eddie collapsed, newly uncovered documents show, Mr. provided similar testimony for fiscal. He served as Chief Financial Officer of Crazy Eddie, the electronics retailer that became one of the symbols of white-collar crime in the 1980s. Antar realized $16,857,332, and other family members and associates realized lesser amounts. 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. Dealership Rating. The repatriation order again came up during the trial when Eddie's daughter 57. 1609) 1680 Baldassare Ferri, Italian castrato singer, dies at 69;. Mr. Mitchell Antar, in 94-5228. Crazy Eddie dominated the New York airwaves from the mid-seventies until bankruptcy in 1989. e. Subscribe to FAQ NYC on Apple, Spotify, or pretty much everywhere podcasts are found. Eddie Antar (R), once known as 'Crazy Eddie,' New York's electronics king, is led by an Israeli police detective for a remand hearing after his arrest, June 25, 1992. 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. 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. "Crazy" Eddie Antar. Dealership Rating. Eddie Antar was a Brooklyn-born businessman who in 1971 started the electronic retail store, “Crazy Eddie. CNNMoney (New York) First published September 11, 2016: 6:59 PM ET Eddie Antar,. 9 million to disgorge profits from Eddie’s illegal stock sales. Eddie Antar started the chain in 1969 with a store in Brooklyn, N. Learn more about the CPE. The real story of Crazy Eddie is a familiar American story of wild success. who sided with their daughter-in-law. Sam M. District Judge Harold A. Eddie Antar served over 6 years in prison and Mitchell Antar served approximately 2 years. DEBORAH ROSEN ANTAR, Eddie’s first wife, divorced Eddie in 1984.