ItsAValueTrap Posted December 17, 2013 Share Posted December 17, 2013 http://www.nj.com/news/index.ssf/2013/08/nephew_of_crazy_eddie_founder_gets_prison_in_his_own_investment_scam.html Sam Antar was charged with taking $225,000 from an investor in January 2011 so he could purchase electronics equipment he purportedly planned sell at a mark-up through an Eatowntown company called S&H Closeouts LLC, according to the U.S. Attorney’s office. Instead, federal prosecutors said, Antar took the money and used it to gamble and buy stock options. I'm not sure how true this is. I couldn't find any other sources that say this. New Jersey has a system that shows court cases. A "Sam Antar" appears three times for very small cases (a few thousand or less). The case above probably would have gone through the 'united states district court southern district of new york'. I don't have access to PACER / don't know how to use it. Link to comment Share on other sites More sharing options...
indythinker85 Posted December 17, 2013 Share Posted December 17, 2013 Hmmm.... Still on twitter? Same person right? https://twitter.com/SamAntar Link to comment Share on other sites More sharing options...
ItsAValueTrap Posted December 17, 2013 Author Share Posted December 17, 2013 Parsad! You can have a field day with this one. ;) Hmmm.... Still on twitter? Same person right? https://twitter.com/SamAntar Looks like it. Link to comment Share on other sites More sharing options...
Orange Posted December 18, 2013 Share Posted December 18, 2013 This is a different Sam Antar. There's like 3 in the family. But this is NOT the Sam Antar that criticizes OSTK. It is Crazy Eddies' nephew, OSTK Sam Antar is his cousin. The article says the Sam Antar that got arrested is 37 years old. The OSTK Sam Antar started college in 1975. http://www.linkedin.com/in/samantar?_mSplash=1 So unless he got admitted to university as a fetus, I think it's a different Sam Antar. Link to comment Share on other sites More sharing options...
ItsAValueTrap Posted December 18, 2013 Author Share Posted December 18, 2013 Hmm I think you're right. Nevermind folks... Link to comment Share on other sites More sharing options...
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