Episode

Planet Money

NPR

Business, News & Politics

Chart Positions

Business 2
Top 200 22

The economy, explained, with stories and surprises. Imagine you could call up a friend and say, "Meet me at the bar and tell me what's going on with the economy." Now imagine that's actually a fun evening. That's what we're going for at <em>Planet Money</em>. People seem to like it.

Website

#82 Planet Money: Inside The Mind Of A Financial Criminal

August 20th, 2009

Episode 175 of 910 episodes

Before Bernie Madoff, there was the Antar family. The Antars ran the popular "Crazy Eddie" electronics chain, which was known for its frenetic commercials and low prices. The business was crooked from the start, but the fraud got more serious when the family took the company public in 1984. Eddie's nephew Sam Antar was one of the masterminds of the fraud. He explains how the family managed to cheat investors out of millions and why the scheme eventually fell apart.

Featured Podcast

Listen