Arrest Warrant for Eddie Antar Issued: A...
- Share via
Arrest Warrant for Eddie Antar Issued: A federal judge issued an arrest warrant for Eddie Antar, former owner of Crazy Eddie Inc., a New York area retail electronics chain, after he failed to appear in court to account for $52 million in overseas bank accounts. The Securities and Exchange Commission has said the money may have come from the fraudulent sale of Antar’s interests in the now-bankrupt electronics chain. The court ordered Antar to return the money to the United States. The electronics retailer was known for its cut-rate pricing and aggressive television advertising before going bankrupt last June.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
