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He was identified to tens of millions as Loopy Eddie.
Eddie Antar turned a tiny Brooklyn retailer into the biggest electronics retailer.
Within the Seventies and Nineteen Eighties, his commercials have been in all places.
”Loopy Eddie! His costs are insaaaaane!”
They have been even spoofed on Saturday Night time Reside.
However Loopy Eddie’s success was a fraud from day one.
In actual fact, earlier than Enron, Madoff and The Wolf of Wall Road, Antar’s corruption was second to none.
When it was uncovered, it turned out to be one of many largest SEC frauds in American historical past.
I lately sat down with Gary Weiss, writer of Retail Gangster: The Insane, Actual-Life Story of Loopy Eddie.
What Weiss advised me affirms the outdated adage that reality is usually stranger than fiction.
Click on right here to test it out:
Then, let me know what you suppose by writing in at RealTalk@BanyanHill.com.
Regards,
Charles Mizrahi
Founder, Actual Speak
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