February 2025

Crazy Eddie’s Hidden Ledger: A CFO’s Confession

/ 4 minutes of reading

The Art of Obstruction As CFO of Crazy Eddie during the 1980s, I orchestrated what would become one of retail’s most notorious financial frauds. Our approach to covering our tracks was methodical and two-pronged. First came destruction. Our office shredders operated around the clock, turning potentially incriminating documents into confetti. But for the mountain of paperwork we couldn’t immediately destroy, […]

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, Crime, Memoirs

NYPD’s Statistical Manipulation and Racial Disparities in NYC Crime

/ 8 minutes of reading

Statistical Shell Game: How NYPD’s Data Manipulation Obscures Rising Violence While Racial Disparities Remain Hidden CompStat—the New York Police Department’s comprehensive crime tracking and analysis system—has become a political weapon for Mayor Eric Adams, systematically manipulated to present a false narrative of declining urban crime. Last week, we exposed the NYPD’s troubling manipulation of murder statistics, but the story goes

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, , , , Corruption, Crime

From White-Collar Criminal to Watchdog: Why Oversight Matters

/ 2 minutes of reading

 As someone who once operated on the wrong side of financial law as the former CFO of Crazy Eddie, I recently had an enlightening conversation with Charles Payne about government oversight and financial accountability. Our discussion began with Charles highlighting recent high-profile bankruptcies – Nikola, The Container Store, and Forever 21 – each representing different facets of business failure

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, , , , Corruption, Crime

NYPD’s Murder Numbers Shell Game: How Crime Stats Don’t Add Up (2024)

/ 3 minutes of reading

In the world of New York City crime statistics, a handful of deaths can change the entire narrative. Take the NYPD’s latest crime statistics: depending on which numbers you trust, murders either decreased by 2.3% or increased by 5.5% in 2024. Welcome to the wonderland of NYPD statistical reporting, where dead bodies can vanish from one category and reappear in

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, , Crime

Discrepancies in AG Letitia James’ Financial Disclosures

/ 4 minutes of reading

As New York’s top law enforcement officer, Attorney General Letitia James is required to file annual sworn financial disclosure statements with the state Commission on Ethics and Lobbying in Government. These aren’t mere paperwork exercises – they are legal statements carrying the weight of sworn testimony. Following our February 8th investigation into New York Attorney General Letitia James’ puzzling property

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, Corruption

Beyond Campaign Spending: Letitia James’ Puzzling Property Portfolio Raises New Questions

/ 3 minutes of reading

After our recent investigations exposed New York Attorney General Letitia James’ pattern of luxury campaign spending and creative accounting, a deeper examination of her personal financial disclosures reveals troubling new questions about her property holdings and financial reporting. The same pattern of obscured luxury that characterized her campaign spending now emerges in her personal financial statements, starting with a Virginia

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, Corruption

MTA Overtime Transparency Vanishes as Spending Hits $1.34B

/ 3 minutes of reading

The MTA’s commitment to transparency is vanishing at precisely the moment public scrutiny is most crucial. Just one month after implementing congestion pricing in Manhattan, the agency has yet to release its detailed overtime report for 2023 – a document that should explain how the MTA spent $1.34 billion in overtime. Despite releasing its audited financial statements for 2023 last

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, Corruption
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