What a White-Collar Felon Can Teach You

My name is Sam E. Antar. I am a convicted felon, former CPA, and former Chief Financial Officer of Crazy Eddie, Inc. During the 1980s, I helped mastermind with my cousin Eddie Antar and Uncle Sam M. Antar (co-founders of the company) one of the largest securities frauds of its time. Crazy Eddie Antar was coined by US Attorney Michael Chertoff as, “the Darth Vader of Capitalism.”

I believe that former criminals like me must do more than just express regret for our crimes and pay whatever punishment society imposes upon us. I believe that it is our obligation and responsibility to educate society, so that society can avoid future perils caused by new generations of criminals.

I teach law enforcement, government entities, businesses, professionals, and students about white collar crime and train them to catch corporate miscreants.

With that preamble, how can you not read his blog, especially this post about the SEC’s kick-ass tactics on Goldman Sachs? Antar writes, “When a company or individual receives a surprise subpoena on a Friday from the SEC, it is usually designed to ruin their weekend plans.” Antar also notes that the SEC’s chief counsel on this case is none other than Richard E. Simpson, who was the guy who put Sam and Crazy Eddie behind bars. After decades of SEC fecklessness (to put it charitably), finally they are swinging for the bleachers.

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