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White Collar Fraud

Sam Antar

Clowns Conning on Crime

April 17, 2023 by Sam Antar

Three days ago, Manhattan Borough President Mark Levine and twenty-eight other elected officials published an open letter to Congressman Jim Jordan, Chair of the House Judiciary Committee, which distorted the facts about crime in Manhattan since Alvin Bragg took office as Manhattan District Attorney. Rather than cherry-pick numbers as these clowns love to do, I will present the full picture below.

NEW: 29 elected officials in Manhattan have written a letter to @Jim_Jordan.

We’re calling out his reprehensible attacks on the people we represent, and his lies about the state of public safety here.

We demand his sham hearing scheduled for Monday in Manhattan be cancelled. pic.twitter.com/3JAelv2zUS

— Mark D. Levine (@MarkLevineNYC) April 14, 2023


During Alvin Bragg’s first year in office (2022), the total number of felonies reported for Manhattan increased 25.6% over 2021, the year before Alvin Bragg took office. While the number of murders reported decreased 10% from the prior year, every other felony category increased over the prior year, before he took office. In addition, the number of murders reported in 2022 was 78 compared to 52 in 2019, 50% higher than the first year before the pandemic. The number of felonies (including murders) in 2022 was higher than every pre-pandemic year since 2006.

In 2023, the number of felonies reported for Manhattan slightly declined 2.4% compared to 2022, year-to-date). However, that slight decline in felonies in 2023 followed increases in the number of felonies for 2022 v 2021 of 25.6% and 2021 v 2020 of 11.1%.

Based on the current trajectory for 2023 year-to-date, the number of felonies will total 34,096 for the full year, which will still be 23.4% higher than in 2021, the year before Alvin Bragg took office as Manhattan District Attorney. (Source: NYPD Crime Statistics)

2019-to-2023 Manhattan Crime Statistics Seven Major Felonies
2019-to-2023 Manhattan Crime Statistics Seven Major Felonies
Click on image to enlarge.

Another crime statistic that Mark Levine and the 28 other signatories to the letter highlight is that NYC’s murder rate per 100,000 population for 2022 (5.2) is higher than Jacksonville, FL (16.1), Columbus, OH (15.4), and Bakersfield CA (9.6).

While those numbers are materially accurate, they do not consider the total number of violent crimes such as rape, robbery, and aggravated assault, in addition to murder. If we consider all violent crime, Manhattan is far more dangerous than Jacksonville, FL, Columbus, OH and probably Bakersfield, CA: (Source: Major Cities Chiefs Association)

Manhattan Violent Crime per 100,000 = 606.6
Jacksonville, FL Violent Crime per 100,000 = 550.2
Columbus, OH Violent Crime per 100,000 = 475.4
Bakersfield, CA Violent Crime per 100,000 = 509.9*

NYC versus Columbus, OH and Jacksonville FL Violent-Crime 2022
NYC v Columbus, OH and Jacksonville, FL Violent Crime 2022
Click on image to enlarge.

Note: The latest violent crime statistics I could find for Bakersfield, CA was from the FBI Uniform Crime Report for 2020. Violent crime in Bakersfield would need to increase by at least 19% per capita to match NYC’s violent crime numbers for 2022.

To summarize, violent crime in Manhattan is higher than before Alvin Bragg took office as Manhattan District Attorney and Manhattan is less safe than Jacksonville, FL, Columbus, OH, and probably Bakersfield, CA in terms of violent crime.

Written by,

Sam Antar

© Copyright by Sam Antar. All rights reserved.

Filed Under: Crime Tagged With: Crime, NYC

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Book

  • Retail Gangster: The Insane, Real-Life Story of Crazy Eddie, by Gary Weiss, Hachette Books, August 23, 2022
  • New book explores the insane career of Syrian Jewish hustler ‘Crazy Eddie’ Antar, Times of Israel, September 14, 2022
  • Retail king Crazy Eddie was a high school dropout who once got stabbed outside a nightclub, New York Post, September 10, 2022
  • ‘Retail Gangster’ Review: Let’s Make a Deal, Wall Street Journal, August 22, 2022
  • Crazy Eddie’s Life Was Insane!, New York Times, August 9, 2022

White-Collar Crime

  • Jordan Thomas’s Army of Whistle-blowers, The New Yorker, January 17, 2022
  • Why the CFO of a Famously Corrupt Company from the 1980s is Working for the Government – Worth, August 14, 2019
  • A Convicted Felon Explains How He Pulled Off An Infamous Accounting Fraud (Podcast) – Bloomberg, May 20, 2019
  • Why criminals never think they’ll get caught: The Crazy Eddie story – LinkedIn Pulse, April 5, 2019
  • Inside the Always Nasty, Frequently Sexist, and Often Litigious World of Financial Twitter – Institutional Investor, August 1, 2018
  • Why is Bank Leumi telling foreigners to close their accounts? And what’s the link to Israel’s malignant black economy? – The Times of Israel, September 12, 2016
  • ‘On Like Donkey Kong’: How a Dubious Super PAC Boosted a Questionable Penny Stock – ProPublica, May 27, 2016
  • Crazy Eddie’s Insanely Successful Criminal Enterprise – Mental_Floss, March 31, 2016
  • Crazy Eddie CFO: ‘We are in the golden era of white-collar crime’ – CNN Inside Wall Street, November 17, 2014
  • White Collar Crime 101: How to Defraud a Company – Wall Street Journal, July 29, 2014
  • Sam Antar: The CFO behind the Crazy Eddie’s fraud – MarketWatch, July 29, 2014
  • Why Drug Lords and Criminals Are So Risk-Averse – Bloomberg, February 21, 2014
  • Country Club Sopranos – Village Voice, October 31, 2012
  • Crazy Eddie fraudster says SEC can’t keep up – MarketWatch, June 7, 2013
  • Convicted Felon, Former Crazy Eddie CFO, Sam Antar, Talks to Lauren Lyster About Accounting Fraud – Zero Hedge, August 3, 2012
  • Crazy Eddie’s Cousin Sam Sees Greater Potential for Fraud – Accounting Today, June 29, 2012
  • The 25 Most Dangerous People in Financial Media – Huffington Post, June 18, 2012
  • When Sam Antar Speaks, People Listen…and Speak Their Mind – Forbes, March 5, 2012
  • Inside the Mind of a Financial Criminal – NPR Planet Money, July 5, 2011
  • Special Report: From Hannibal Lecter to Bernie Madoff – Reuters, April 20, 2011
  • Financial fraud — accounting for criminals – CNN, October 9, 2009
  • Crazy Like A Fox, Guess who’s tipping off the SEC on alleged accounting frauds? None other than the guy who cooked the books at Crazy Eddie – Crain’s NY Business, October 5, 2009 (PDF)
  • Redemption and the white-collar criminal – CNN, October 2, 2009 (PDF)
  • Still Searching for Repentance – Jewish Week/Times of Israel, September 22, 2009
  • ‘Crazy’ Eddie’s Cousin, a Former Fraudster, Speaks Out on Syrian ‘Subculture of Crime’ – Jewish Daily Forward, August 26, 2009
  • Crazy Eddie’s cousin stars in state Republican hearing on public corruption – Atlantic City Press, August 17, 2009
  • A Few Words from a Fellow Fraudster – Gawker, December 24, 2008
  • Smart Stops on the Web – Journal of Accountancy, December 1, 2008
  • How to Be a Better Bean Counter – NY Times, July 16, 2005
  • So That’s Why It’s Called a Pyramid Scheme, Journal of Accountancy, October 1, 2000

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