Their prices were “insane,” making Crazy Eddie a king of consumer electronics. Sam Antar, the company’s CFO and cousin of founder Eddie Antar, helped build the chain into a high-flying enterprise whose memorable ads were as ubiquitous as boom boxes in the late 1970’s. The business made millions—and later landed them in prison for securities fraud after the company went public.
After paying his debt to society, Sam Antar turned his talents as an accountant to exposing corruption through his website, WhiteCollarFraud.com. His latest target: Letitia James, the New York Attorney General who rode into office promising to “get Donald Trump,” and who now faces mortgage fraud charges herself.
For Antar, the attorney general’s alleged misstatements on her loan documents make it an open-and-shut case. “Her fraud is there, it’s plain—her signatures are on it,” Antar said on a recent Stone Zone podcast.
According to Antar, who notes that all of James’s mortgage documents are publicly available, she filled out four false forms on her Virginia property. “She said one thing to the insurance company, another thing to New York State, another to the bank, and another to the IRS. Each one of those four documents conflicts with the other three.”
Had she lived in the Virginia home as her loan documents state, she would be ineligible to serve as New York Attorney General, Antar charges. “She has the press on her side, but you know something—the press isn’t going to be on the jury,” he pointed out.
“No one is above the law,” said U.S. Attorney Lindsey Halligan in announcing the case against James. “The charges as alleged represent intentional criminal acts and tremendous breaches of the public’s trust.”
If convicted, James faces up to 30 years in prison and fines of up to $1 million.