Crook Speaks to 'Good Guys' at Fraud Conference

Crook Speaks to 'Good Guys' at Fraud Conference

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Andrew Adams, KSL Newsradio There was a "rock star" in a room full of "good guys" downtown today. It was a bad guy at the "White Collar Crimes Conference."

The women auditors were almost in a swoon.

Sam Antar just explained how his family had skimmed $20 million off the top, and then made another $75 million from pumping and dumping Crazy Eddie, Inc. stock in the 1980s.

Chief Deputy Attorney General Kirk Torgensen was a sponge. "When you hear it from somebody who did it, it gives you insights into how they think," Torgersen said.

"I'm no rock star, I'm a crook," Antar said. "White collar crime is just as brutal as violent crime."

That was Antar's message. He says the way to crack down is with better auditing and policing. He also says his CPA license was just revoked; that should have happened 15 years ago.

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