XPost: alt.revenge, ny.politics, alt.fan.rush-limbaugh
XPost: talk.politics.guns, sac.politics
It really is a crazy story - as in 'Crazy Eddie' of New York fame.
If you're from the Tri-State area, hearing that brings back memories of
lunacy laced commercials for a retail electronics chain. Damn near every
time they played, they'd blow out your TV speakers, with the shouted,
frantic tagline ending them.
COME TO CRAZY EDDIE'S! HIS PRICES ARE INSANE!!!
They were mostly monster manic, but I did manage to find you a tame one.
https://youtu.be/I_dl2tsuUtc
Anyway, the guys who owned the business were from a family of Syrian immigrants: Eddie Antar, the "crazy Eddie" in the commercials, and his
Chief Financial Officer was his cousin, Sam.
Crazy Eddie's had been successful enough that the guys took the company
public. What happened has become a business fraud legend.
Sam Antar, it turned out, had a natural affinity for both numbers and schmoozling.
How bad is the worst thing you’ve ever done at work? Maybe you “borrowed”
a few pens and paper for your kids. Perhaps, you “fudged” some expenses.
And maybe you now feel guilty about such petty thievery.
A recently published book will likely make that guilt disappear in a
trice.
When you compare whatever you did to what happened at long-gone
electronics chain Crazy Eddie, most malfeasance will likely pale into insignificance. Put another way, your infractions would likely be as
noticeable as a miniature barnacle on the backside of a blue whale.
...The Antar clan emigrated from Syria, which Weiss says partly explains
the grey attitude towards paying taxes. Indeed, scamming New York State of sales taxes was how the Crazy Eddie debacle started.
However, it was when Sam Antar learned the in-and-outs of Wall Street,
finance and public accounting, that the fraud really ramped up. Gone was dodging sales tax. In was cooking the company’s books and going public.
Sam Antar had figured out that the family could make even 1more money by falsely boosting profits to help push the stock price higher.
Once the fraud was exposed, and Eddie Antar was charged with securities
fraud and insider trading, but fled the country, Sammy offered to testify
as long as he had immunity.
...After Eddie fled the country, Sammy offered to testify for Federal prosecutors in exchange for immunity. Sammy pleaded guilty to three
felonies. He avoided jail time in exchange for his testimony, however, and
was instead sentenced to six months of house arrest, 1,200 hours of
community service, three years of probation, and was levied more than
$10,000 in fines.
Since 2009, Sam Antar has been a forensic accountant, working with federal
and local law enforcement agencies, teaching them what to look for in
paperwork - and where to look for paperwork - as well as digging on his
own time into waste, fraud, and abuse, always on the hunt for white collar crime.
He is a man on a mission.
And way back in February, while going through the records from Letitia
James' 'luxury campaign spending,' as he calls it, Sam came across some wonky-looking personal finance filings. Things weren't adding up to the eagle-eyed Antar.
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 investment property that seems to defy financial logic. Purchased
in August 2020, James values the single-family home at “$100,000 to under $150,000” in her 2023 financial disclosure. Yet somehow, this same
property carries mortgages totaling up to $400,000 – potentially more than twice its declared value.
And the hunt was on.
Crucially, Antar doesn't work for any Trump organization - never has. He's
just another Tri-State area Democrat trying to keep the local pols
marginally honest with their money trail.
In that February post, Antar flagged discrepancies in valuations on both
the James Virginia property and her Brooklyn building.
By March, Antar had mortgage documents he was poring over and quoting New
York State law, chapter and verse, on what he found wrong.
For example:
Follow the paper trail of James’ Norfolk, Virginia investment property,
and you’ll encounter a puzzling contradiction.
Official property records tell one story. In August 2020, James purchased
the modest home for $137,000. She financed it with a $109,600 mortgage
from OVM Financial. The mortgage documentation classified it as a second
home, with a specific “Second Home Rider” containing legal attestations
about occupancy, though lenders typically allow conversion to investment properties with proper notification.
Her sworn financial disclosures tell another story entirely. From day one,
she listed the property exclusively as an “investment” generating rental income. But the mortgage that made the purchase possible? It vanished completely – never appearing on a single financial disclosure despite
clear legal requirements to report all mortgages on investment properties.
By law, officials must disclose “all mortgages and encumbrances” on
reportable real estate. Under Section 73-a of the New York Public Officers
Law, elected officials must file sworn annual statements disclosing all
real estate holdings (except personal residences that don’t generate
income), all sources of income exceeding $1,000, and all debts exceeding $10,000. These aren’t optional formalities but legal statements signed
under penalty of perjury. False statements can constitute a Class A
misdemeanor under New York law, punishable by up to a year in jail.
The mystery deepens in her 2023 disclosure. While the property’s value
remains unchanged at “$100,000-$150,000,” two entirely new mortgages
suddenly materialize:
Freedom Mortgage ($150,000-$250,000)
National Mortgage ($100,000-$150,000)
These loans could total up to $400,000 – potentially four times the
property’s lowest declared value. Combined with the undisclosed but
documented OVM loan of $109,600, the total debt could reach up to $509,600 against a property she valued at no more than $150,000. Yet our
commissioned title search found no trace of either mortgage in any public records.
This guy is a terrier gone to ground to get the badger.
You can read all his posts and see the documents at his White Collar Fraud site, but why do that when you can listen to him explain most of the whole thing?
Real America's Voice (RAV)
@RealAmVoice
·
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“SHE PROBABLY FIGURED BIDEN WAS GOING TO WIN REELECTION AND THAT NOBODY
WOULD CATCH HER.”
@SamAntar lays out for @stinchfield1776 what he uncovered while looking
into Letitia James’ mortgage fraud. “The investigation is insane! Every
single mortgage has false information.”
https://twitter.com/i/status/1914465531333153071
Now, Antar's work has everyone swarming James' life in the files, and what they're uncovering is astonishing in its blatant gaming of the system.
And as Antar says, James didn't do this by herself - she had to have help.
Who is going to squeal to save themselves?
The tenants who live in the Brooklyn building that isn't supposed to have tenants are speaking up, and that is really looking awkward all around for James.
Sam E. Antar
·
Apr 22, 2025
@SamAntar
·
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Don’t be surprised if there’s a palace revolt brewing inside
@NewYorkStateAG Letitia James’ office.
Her once-silenced tenants are starting to speak up—and demand she fulfill
her basic duties as a landlord. On April 16, two separate tenants filed complaints about peeling paint.
Sam E. Antar
@SamAntar
Hello @NewYorkStateAG Letitia James: You said, “I'll always protect New
Yorkers from landlords who break our laws” Who protects tenants from
landlords like you who break our laws.
Credit: @LoisWeiss
https://pbs.twimg.com/media/GpJ895fWsAAgtr3?format=jpg&name=360x360
Reza Chowdhury
@RezaC1
·
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Is it true that she required one her colleagues in NY government to serve
as a witness in one of the documents that appears not to pass the smell
test?
11:34 AM · Apr 22, 2025
OOPS
Most of the material in the criminal referral was sourced from Antar's research, and he is nowhere near done crawling up James' financial
sphincter.
He is not in the least bit concerned whether she knows it or not, either.
PoliMomma - Parody of self ?? free snark provided!
@PoliMomma
·
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First let me say I love the Crazy Eddy Commercials. Second let me say I'm
going to love seeing what Crazy Eddy does to Big Tish. This is going to be GLORIOUS!
Sam E. Antar
@SamAntar
Memo to @NewYorkStateAG Letitia James: I know every trick in the book.
Every trick that’s been left out of the book. And every trick you’re
thinking about doing but haven’t done yet.
https://pbs.twimg.com/media/GpGXoqcXUAEd6Hc?format=jpg&name=small
When a guy's already done time for legendary crazy, there's not much he's
going to worry about when he's on the right trail of wrongdoing.
This is gonna be sumpthin' to see.
https://hotair.com/tree-hugging-sister/2025/04/22/one-of-the-craziest- things-about-the-tish-james-unmasking-is-who-caught-her-n3802034
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