Favorite Media Interviews and Mentions
Antar also said: “Don’t trust, just verify, verify, verify. The inclination to trust and the presumption of innocence gives the fraudsters the initial benefit of any doubt while they are free to plan and execute their crimes.”
Professional scepticism and cynicism are key for auditors to positively contribute to detecting and therefore combating fraud. To succeed in adding value in identifying fraud, auditors must have a questioning mind and keep on asking questions until they are satisfied that they have the answers.
Sam Antar, a star witness and cooperator in the Crazy Eddie financial fraud, once told me, “When it comes to being sentenced to prison, it’s not how good a person you may have otherwise been in life, it’s who you’ve cooperated against.” Nothing was more true than the sentencing of Morrie Tobin in Boston.
Video posted to Twitter by Sam E Antar from Pier 62 at Hudson River Park in Manhattan showed the storms moving in.
Spectacular thunderstorm over Hudson River and NJ viewed from Pier 62 Chelsea Piers NYC pic.twitter.com/7Hs2B9irGr
— Sam E. Antar (@SamAntar) July 6, 2020
In the first episode of RISK, a series made exclusively for Quartz members, we meet Sam Antar, former CFO of Crazy Eddie and self-proclaimed “professional bullshit artist.” Then we travel to the world’s first Center for Risk Literacy in Berlin to learn why most of us are “risk illiterate” and how, precisely, we can change that.