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Crazy Eddie, Fraud Mother? episode artwork

Jul 19, 2024 1 hr 8 min

Crazy Eddie, Fraud Mother?

from Corporate Gossip Hosted by Nitetoast media

NO ONE does fraud like Eddie Antar, and Crazy Eddie is the bizarre story that got Becca hooked on fraud! Adam, Becca, and their Dad Jeff pop a few ludes and drop down the rabbit hole into a 1970's New York City punk rock fever dream. They meet a young Eddie Antar scamming tourists in a seedy Time Square clip joint and follow his journey to become the eccentric millionaire founder of Crazy Eddie Electronics. Antar was a marketing genius, and by the mid 1980's commercials for the chain were inescapable, shoppers were practically screamed at to rush out to Crazy Eddie's because 'HIS PRICES ARE INSANE!!!!' The insane prices, of course, were facilitated by an elaborate criminal racket. Money laundering, insurance fraud, tax evasion, bribery, insider trading… Eddie Antar did it all! But when the cash begins to dry up, Eddie's increasingly desperate and brazen behavior puts him in the crosshairs of the SEC. That's when Eddie Antar became an international fugitive and left his family, who enabled and benefited from his behavior, holding the bag. Support the pod Pics on our Substack Links: Read Retail Gangster: The Insane, Real-Life Story of Crazy Eddie Crazy Eddie commercial from 1982 Remembering Crazy Eddie: His Prices Were Insane

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This episode is 1 hour and 8 minutes long.

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This episode was published on July 19, 2024.

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