Learn from a Convicted Felon about White Collar Fraud
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." This securities fraud cost investors hundreds of millions of dollars, cost many people their life savings, cost many people their jobs and careers, cost creditors hundreds of millions of dollars, and many people's suffering that cannot be measured. I was the government's key witness in both the criminal and civil prosecutions. I also fully cooperated with all civil plaintiffs in the prosecution of their claims. I make no excuses for my criminal conduct. Nor should I receive any praise for my cooperation.
I take full and complete responsibility for my actions and apologize to all the victims of my crimes. Also, I apologize to the other persons who would never have committed a crime, if not for my efforts to recruit them into the conspiracy and convince them to lie thereafter. Furthermore, I apologize to the government lawyers, plaintiff's lawyers, government investigators, and plaintiff's investigators whose efforts in prosecuting the truth of the crimes at Crazy Eddie were hampered by my willful stonewalling prior to me relenting and later deciding to cooperate with the investigations. I apologize anyone I deceived, directly or indirectly, including but not limited to the shareholders, employees, creditors, public accounting firms, Wall Street firms, financial analysts, the press, etc.
However, my apologies, acceptance of responsibility, and the punishment imposed upon me by the court is not enough.
I believe that acceptance of one's personal responsibility for past actions must be accompanied by corrective action and not include exploitation for personal gain. 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 also believe that any person's true test of character comes from overcoming past misdeeds and wrongdoing and trying to do something positive out of it without any personal gain or recognition.
There is a saying, "It takes one to know one."
I teach law enforcement, government entities, businesses, professionals, and students about white collar crime and how to catch corporate miscreants. I do not teach ethics or redemption. Rather, I teach about the immorality and unethical behavior of white collar criminals from my own cold-blooded experience and how to deal with such menaces to society.
Please contact me about protection against white collar crime, including fraud protection and securities fraud. For information on a fraud presentation, please go to the Fraud Lectures page.
White Collar Fraud Blog
In my blog, I expose white collar crooks and their scams just for the fun of it. In addition, I share my views about white collar crime, securities fraud, the accounting profession, internal controls, Sarbanes-Oxley, government corruption, and other related topics.
My White Collar Fraud blog is included in the American Bar Association Journal's recommended blawg list categories for criminal justice, securities law, and white collar crime and included in Justia's recommended blawg list category for securities law. In addition, my blog was recommended by the Journal of Accountancy.
Contributor and Guest Articles
I am a Seeking Alpha contributor and I have written guest articles for Newsweek, Business Insider, and White Collar Crime Fighter Newsletter.
Media Commentary, Mentions, and Referrals
I have appeared on Fox News, Fox Business Channel, CNBC, Canadian Business News Network, National Public Radio's Planet Money, Progressive Radio Network, Russia Today, and other networks to give insights on white collar crime.
List of Television and Radio Appearances
List of Other Media, Mentions, and Referrals: Pint Media, Online Media, and Blogosphere
Interview Highlights
Expert Testimony
In August 2009, I advised the New Jersey State Assemby Republican Policy Committee about white collar crime and corruption as an expert witness.
Other Information
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