Crazy Eddie on the silver screen is just crazy

Posted by Al Lewis on May 21, 2009
Mr. Ponzi

sam-antarSam Antar, the former crooked chief financial officer of CrazyEddie, tells me he’s trying to stop his cousin Eddie Antar from selling movie rights to further cash in on his life of crime.

Crazy Eddie ran a namesake electronics retailer in the New York area that became one of the more infamous stock fraud cases of the late 1980s.

“They shouldn’t make a movie out of that,” Antar said.

He gave a heads up to  Howard Sirota, an attorney who won a $706 millionclass-action lawsuit judgment in 1996.  Unfortunately, CrazyEddie has been unable to pay up, so Sirota Antar wants to go after whatever profits he makes from a film.

Appearently, Crazy Eddie has been talking to Danny DeVito. Click here to read more details in The New York Post.

“I will tell you an ironic-but-true story,” said Antar. “While I originally was negotiating my plea bargain around 1990, a certain lawyer representing the victims threatened me that if I did not cooperate, he would make sure that Danny DeVito, himself, would play me in a future Crazy Eddie movie.”

Given all the enormous frauds uncovered in the market since the 1980s, I can’t imagine Crazy Eddie even ranks any more.  Click here if you missed my column on Sam Antar.