Crime

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

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

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

 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)

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

NYC Crime Crisis: Adams Administration’s 23-Minute Social Media Spin vs. NYPD Statistics

In an era where public safety messaging often travels at the speed of social media, January 22, 2025, marked a revealing moment in New York City politics. Over just 23 minutes, the city’s top law enforcement officials executed a coordinated media campaign that masterfully demonstrated how selective statistics can paint a misleading picture of public safety. The carefully orchestrated performance

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, , , , Crime

Sex, Lies, and Overtime: Inside the NYPD’s Financial Black Box

The NYPD’s overtime system operates like a financial shell game, where millions of dollars can disappear into bureaucratic black holes with almost no accountability. This systemic dysfunction came into sharp focus with a recent scandal involving NYPD Lieutenant Quathisha Epps, who accused Chief of Department Jeffrey Maddrey of demanding sexual favors in exchange for overtime opportunities. Epps alleged that Maddrey

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, , , , , , , Corruption, Crime

NYPD Overtime Scandal: Failure of Legislative Oversight Laid Bare

The explosive allegations of sex-for-overtime rocking the NYPD have exposed not one scandal, but two. The first involves alleged sexual coercion for overtime pay. The second – perhaps even more disturbing – is how City Council leadership failed to spot glaring red flags in their own budget documents that suggested systemic overtime abuse. Under Speaker Adrienne Adams and Finance Chair

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, , , , , Corruption, Crime

Exposed: NYPD’s 2024 Crime Statistics Manipulation

New York City faces its worst violent crime rate in over two decades, with 48,098 violent crimes reported in 2024 – levels not seen since 2002. Yet on January 6, 2025, NYPD Commissioner Jessica S. Tisch presented a different story, touting “a nearly 3% reduction in overall index crime” and claiming 3,662 fewer incidents meant “thousands of fewer victims of

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, , , Corruption, Crime

A Christmas Eve in Brooklyn: When Life Turned on a Dime

On Christmas Eve 1990, life’s precarious nature revealed itself to me in ways I never expected. As the former CFO of Crazy Eddie who had recently agreed to cooperate with federal authorities, I was already living through a period of profound change. Yet nothing could have prepared me for how events would unfold that evening at my brother’s furniture store

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, , Crime, Memoirs

How New York’s Crime Statistics Became a Political Fairy Tale

How NYC’s Crime Statistics Lost All Meaning in 2023 In 2023, New York City’s crime reporting system experienced an unprecedented breakdown that undermined two decades of statistical reliability. When the state finally released its delayed 2023 crime statistics in November 2024, the numbers revealed more than mathematical discrepancies – they exposed a systematic manipulation of public safety data by officials

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, , Crime
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