Crazy eddie electronics scammed
WebMar 7, 2008 · To begin with, Dave Bergman dba Extreme-Scooters (and dba Extreme-Hobby) used to immediately answer my initial phone calls and he also used to … WebSep 11, 2016 · Eddie Antar, the electronics kingpin who once presided over a retail empire spanning four states, died Saturday, according to a family member. Antar's company was known for its frenetic...
Crazy eddie electronics scammed
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WebSome people can see through the robocallers' tricks, but with new technology and changing schemes, others get caught up in the deceptive and convincing traps...
WebJul 20, 2024 · Crazy Eddie, as a public company, compensated for its inability to skim cash by initiating new fraud streams. The company inflated its inventories by millions of dollars … WebSep 10, 2024 · A popular brand of smack was called ‘Crazy Eddie.’” “Crazy” Eddie Antar built a Brooklyn stereo store into a brand with higher recognition than Ronald Reagan, …
WebSep 7, 2011 · Crazy Eddie (or Sights and Sounds as it was named back then) was one of the very early regular advertisers on FM radio. The corporate name then was ERS Electronics (ERS stood for Eddie, Rose and Sam – Eddie’s parents). The first station Eddie advertised on was WCBS-FM. The rate was $5 a spot, buy one get one free. WebMar 28, 2024 · How 'Crazy Eddie' Electronics Chain Scammed America Monday March 28, 2024. 01:54 AM , from Slashdot In 1983 the annual revenue at the electronics chain Crazy Eddie was roughly $134 million (or about $372 million today), remembers The Hustle. The next year they'd sold $44 million just in computers and games — and eventually …
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WebMar 26, 2024 · And know that this electronics company was Crazy Eddie, a brand that, in so many ways, was breaking the usual rules. The previous fiscal year, Crazy Eddie’s annual revenues were ~$134m, or ~$372m today. More impressively, the 13-store New York City-area chain led the electronics industry in sales per square foot and profit margins. is a slash and or orWebMar 29, 2024 · Crazy Eddie boasted some of the most impressive retail sales in the country. But its owner was more interested in conducting a brazen fraud. Mark Dent On September 13, 1984, as stocks wavered through a bear market, a regional electronics chain held a hyped initial public offering. ona coker resumeWebMar 31, 2016 · A high school dropout at the age of 16, Eddie Antar wasted no time in exploiting the burgeoning world of consumer electronics. It was the late 1960s, and … is aslan in narnia 2WebSep 17, 2016 · The real Eddie was Eddie Antar, who grew a single store in Brooklyn into a retail empire, and then was brought down in a blizzard of fraud charges and antics worthy of “American Hustle ... is asl and bsl differentWebAug 19, 2009 · On today's Planet Money, we get the inside scoop on the Crazy Eddie scam of the 70's and 80's from Sam Antar, Crazy Eddie's CFO. ... the family ran a popular electronics chain, Crazy Eddie, ... is a skype number freeWebSep 24, 2024 · Electronics retailer Crazy Eddie appeared to be a big success, but it turned out the family-run company had been cooking the books. ... When the scam was finally … is aslains modpack safeWebIn the Crazy Eddie’s fraud, Antar overvalued inventory by $80 million, and employed some pretty outrageous tricks to get there. He and his conspirators “borrowed” merchandise from suppliers to boost the ending inventory count. These were the same suppliers who confirmed Crazy Eddie’s phony receivables. is a slash a punctuation mark