It really is a crazy story - as in 'Crazy Eddie' of New York fame. 

If you're from the Tri-State area, hearing that brings back memories of lunacy laced commercials for a retail electronics chain.  Damn near every time they played, they'd blow out your TV speakers, with the shouted, frantic tagline ending them.

COME TO CRAZY EDDIE'S! HIS PRICES ARE INSANE!!!

Anyway, the guys who owned the business were from a family of Syrian immigrants: Eddie Antar, the "crazy Eddie" in the commercials, and his Chief Financial Officer was his cousin, Sam.

Crazy Eddie's had been successful enough that the guys took the company public. What happened has become a business fraud legend.

Sam Antar, it turned out, had a natural affinity for both numbers and schmoozling.

How bad is the worst thing you’ve ever done at work? Maybe you “borrowed” a few pens and paper for your kids. Perhaps, you “fudged” some expenses. And maybe you now feel guilty about such petty thievery.

A recently published book will likely make that guilt disappear in a trice.

When you compare whatever you did to what happened at long-gone electronics chain Crazy Eddie, most malfeasance will likely pale into insignificance. Put another way, your infractions would likely be as noticeable as a miniature barnacle on the backside of a blue whale.

...The Antar clan emigrated from Syria, which Weiss says partly explains the grey attitude towards paying taxes. Indeed, scamming New York State of sales taxes was how the Crazy Eddie debacle started.

However, it was when Sam Antar learned the in-and-outs of Wall Street, finance and public accounting, that the fraud really ramped up. Gone was dodging sales tax. In was cooking the company’s books and going public. Sam Antar had figured out that the family could make even 1more money by falsely boosting profits to help push the stock price higher.

Once the fraud was exposed, and Eddie Antar was charged with securities fraud and insider trading, but fled the country, Sammy offered to testify as long as he had immunity.

...After Eddie fled the country, Sammy offered to testify for Federal prosecutors in exchange for immunity. Sammy pleaded guilty to three felonies. He avoided jail time in exchange for his testimony, however, and was instead sentenced to six months of house arrest, 1,200 hours of community service, three years of probation, and was levied more than $10,000 in fines.

Since 2009, Sam Antar has been a forensic accountant, working with federal and local law enforcement agencies, teaching them what to look for in paperwork - and where to look for paperwork - as well as digging on his own time into waste, fraud, and abuse, always on the hunt for white collar crime.

He is a man on a mission.

And way back in February, while going through the records from Letitia James' 'luxury campaign spending,' as he calls it, Sam came across some wonky-looking personal finance filings. Things weren't adding up to the eagle-eyed Antar.

After our recent investigations exposed New York Attorney General Letitia James’ pattern of luxury campaign spending and creative accounting, a deeper examination of her personal financial disclosures reveals troubling new questions about her property holdings and financial reporting.

The same pattern of obscured luxury that characterized her campaign spending now emerges in her personal financial statements, starting with a Virginia investment property that seems to defy financial logic. Purchased in August 2020, James values the single-family home at “$100,000 to under $150,000” in her 2023 financial disclosure. Yet somehow, this same property carries mortgages totaling up to $400,000 – potentially more than twice its declared value.

And the hunt was on.

Crucially, Antar doesn't work for any Trump organization - never has. He's just another Tri-State area Democrat trying to keep the local pols marginally honest with their money trail.

In that February post, Antar flagged discrepancies in valuations on both the James Virginia property and her Brooklyn building.

By March, Antar had mortgage documents he was poring over and quoting New York State law, chapter and verse, on what he found wrong.

For example:

Follow the paper trail of James’ Norfolk, Virginia investment property, and you’ll encounter a puzzling contradiction.

Official property records tell one story. In August 2020, James purchased the modest home for $137,000. She financed it with a $109,600 mortgage from OVM Financial. The mortgage documentation classified it as a second home, with a specific “Second Home Rider” containing legal attestations about occupancy, though lenders typically allow conversion to investment properties with proper notification.

Her sworn financial disclosures tell another story entirely. From day one, she listed the property exclusively as an “investment” generating rental income. But the mortgage that made the purchase possible? It vanished completely – never appearing on a single financial disclosure despite clear legal requirements to report all mortgages on investment properties.

By law, officials must disclose “all mortgages and encumbrances” on reportable real estate. Under Section 73-a of the New York Public Officers Law, elected officials must file sworn annual statements disclosing all real estate holdings (except personal residences that don’t generate income), all sources of income exceeding $1,000, and all debts exceeding $10,000. These aren’t optional formalities but legal statements signed under penalty of perjury. False statements can constitute a Class A misdemeanor under New York law, punishable by up to a year in jail.

The mystery deepens in her 2023 disclosure. While the property’s value remains unchanged at “$100,000-$150,000,” two entirely new mortgages suddenly materialize:

• Freedom Mortgage ($150,000-$250,000)
• National Mortgage ($100,000-$150,000)

These loans could total up to $400,000 – potentially four times the property’s lowest declared value. Combined with the undisclosed but documented OVM loan of $109,600, the total debt could reach up to $509,600 against a property she valued at no more than $150,000. Yet our commissioned title search found no trace of either mortgage in any public records.

This guy is a terrier gone to ground to get the badger.

You can read all his posts and see the documents at his White Collar Fraud site, but why do that when you can listen to him explain most of the whole thing?

“SHE PROBABLY FIGURED BIDEN WAS GOING TO WIN REELECTION AND THAT NOBODY WOULD CATCH HER.”@SamAntar lays out for @stinchfield1776 what he uncovered while looking into Letitia James’ mortgage fraud. “The investigation is insane! Every single mortgage has false information.” pic.twitter.com/i0yynAIrsQ

— Real America's Voice (RAV) (@RealAmVoice) April 21, 2025

Now, Antar's work has everyone swarming James' life in the files, and what they're uncovering is astonishing in its blatant gaming of the system.

And as Antar says, James didn't do this by herself - she had to have help.

Who is going to squeal to save themselves?

The tenants who live in the Brooklyn building that isn't supposed to have tenants are speaking up, and that is really looking awkward all around for James.

Is it true that she required one her colleagues in NY government to serve as a witness in one of the documents that appears not to pass the smell test?

— Reza Chowdhury (@RezaC1) April 22, 2025

OOPS

Most of the material in the criminal referral was sourced from Antar's research, and he is nowhere near done crawling up James' financial sphincter. 

He is not in the least bit concerned whether she knows it or not, either.

First let me say I love the Crazy Eddy Commercials. Second let me say I'm going to love seeing what Crazy Eddy does to Big Tish. This is going to be GLORIOUS! https://t.co/W1VohQBrow

— PoliMomma - Parody of self 😏 free snark provided! (@PoliMomma) April 22, 2025

When a guy's already done time for legendary crazy, there's not much he's going to worry about when he's on the right trail of wrongdoing.

This is gonna be sumpthin' to see.