Inside Crazy Eddie: Eddie Antar's $80M Inventory Illusion and Wall Street Hustle
World's Greatest Heists
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Inside Crazy Eddie: Eddie Antar's $80M Inventory Illusion and Wall Street Hustle
61 528 просмотров · 2 недели назад
World's Greatest Heists
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61 528 просмотров · 2 недели назад
He made Wall Street cheer while $80 million of inventory never existed. This is the rise and unraveling of Crazy Eddie and its mastermind, Eddie Antar.
From bait-and-switch sales to underground supply chains, Eddie turned a single Brooklyn store into a 39-location empire and one of the hottest IPOs of the 1980s. But behind the commercials and rock-star shareholder meetings was a machine built on skimming cash, secret Tel Aviv accounts, and a planted cousin inside the auditing firm. See how pallets of boxes became a facade, why auditors kept “finding” what Eddie wanted them to see, and how a bold Walkman bet helped mask deeper problems. As the fraud ballooned, a family rift, suspicious stock sales, and a hostile takeover exposed an $80 million hole. And when the money trail led to Geneva, a frozen account and an unexpected sting ended the run.
Discover the playbook that fooled the Street, the pressure that made it crack, and the moment everything collapsed. Watch to learn how the biggest retail fraud of its era was engineered—and finally caught.
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