This week, Compliance Week chats with Sam Antar—former CFO of Crazy Eddie’s, the disgraced stereo equipment business that foisted a $70 million fraud on investors in the 1980s. Antar helped mastermind the scheme, and then was a star witness in the trial that sent his cousin Eddie Antar to prison. Today, Sam Antar is an outspoken champion of Sarbanes-Oxley reforms. Below are Antar’s frank views of how financial fraud operates and what more America should do to prevent it. An index of previous conversations is available here.
