A lot of people have this problem and they need help.” “When I look at what I did, I’m sick about it. “I’ve been in prison once, and I’m probably facing prison again, and it all had to do with me not being able to admit to myself I was a compulsive gambler,” Antar said in an interview with The Associated Press Thursday. In 2013, Sam Antar was sentenced to 21 months in federal prison for taking $225,000 in a fraudulent investment scheme. He also is the nephew of Eddie Antar, who founded the Crazy Eddie electronics stores in the 1970s and 1980s, who defrauded investors out of more than $74 million. In the most recent case, he has pleaded guilty to theft by deception.
New Jersey is in the process of deciding whether to extend its law authorizing internet gambling for another 10 years.Īntar is a convicted fraudster who faces the prospect of additional prison time in November for a scheme in which he cheated friends and relatives of money he used to feed his compulsive gambling habit.
