Director, Center for Business Ethics
RIT’s E. Philip Saunders College of Business
Crazy Eddie’s Chief Financial Officer, Sam E. Antar, used to enjoy playing the numbers to his company’s advantage—until he was convicted of masterminding one of the largest white-collar securities frauds of its time.
For the record, the reformed criminal will offer some straight talk on his life as an “economic predator” from 6 to 8 p.m. on Monday, Feb. 12, in the B. Thomas Golisano College of Computing and Information Sciences auditorium at Rochester Institute of Technology. The event, “The Implications of the Crazy Eddie’s Fraud for the 21st Century Auditing Requirements” is open to the public and sponsored by the RIT Office of Institute Audit, Compliance & Advisement, and the Center for Business Ethics, E. Philip Saunders College of Business.
“Everyone is tempted to do the wrong thing at the wrong time in the wrong place,” says Professor Bruce Oliver, director of the Center for Business Ethics in the Saunders College of Business. “Sam E. Antar succumbed to that temptation when he willfully participated in violations of federal securities laws at the consumer electronics chain, Crazy Eddie’s.”
During his public appearances, Antar offers no self-apologies, self-pity or self-promotion. But he does offer insight into the heart of combating white-collar fraud.
“As a criminal, I used every tool I knew to gain my objectives,” Antar explains. “I took advantage of people’s weaknesses, niceties, etc., in any way I could. I could be any person I had to be for any situation. I hope by publicly exposing my own past criminal misdeeds that others will use them as an example of how to avoid future frauds.”
The Sam E. Antar presentation is free and open to the public. Parking is available in Lot J. For more information, call (585) 475-6668.