For the Journal of Accountancy’s “Smart Stops on the Web” column: IT TAKES ONE TO KNOW ONE www.whitecollarfraud.blogspot.com Who knows fraud better than a fraudster? Sam E. Antar, former Crazy Eddie Inc. CFO and convicted felon, shares his views and […]
How much does it cost to get Mark Shurtleff, Utah’s Attorney General, to lie for you? Apparently only $5,000. What a bargain! Today Sam Antar has an enlightening piece on his blog, entitled “Overstock.com (NASDAQ: OSTK) CEO Patrick Byrne Pays […]
Sam Antar has a great article today on Overstock.com (NASDAQ:OSTK) continuing to overstate EBITDA. Specifically, Sam says: In Overstock.com’s Q1 2008 earnings release and 10-Q report the company continued to improperly remove from its EBITDA calculation, certain stock-based expenses in […]
Last week in the Overstock.com (NASDAQ:OSTK) earnings conference call, the company’s executives had the following to say about the SEC’s investigation of the company: Patrick Byrne So, is it fair to say that all these other issues that the knuckleheads […]
In a recent article in Fortune Magazine about felon turned fraudfighter Sam E. Antar…. Sam gave the following tips to investors about looking for fraud in public companies. I think it’s sound advice!
The “Black Ops” train at Overstock.com (NASDAQ:OSTK) has been chugging full steam ahead over the last month, so that can only mean one thing… Patrick Byrne and his minions have something to hide. And indeed, the fourth quarter financial results […]
The December 24 issue of Fortune magazine has an article on Sam E. Antar, the man most widely known as the former CFO of Crazy Eddie, a New York City electronics retailer that went down in flames in 1987 after […]
This year, Patrick Byrne and company have taken a liking to discussing the Overstock.com (NASDAQ: OSTK) financials using non-GAAP measures. This means that they present certain financial figures that are not computed in accordance with GAAP (accounting rules). Who cares? […]
Yesterday I wrote a letter to Mark Shurtleff, Utah’s Attorney General, urging him to issue a public apology to Sam Antar. Last week, Mr. Shurtleff wrote a letter to Overstock.com (which Overstock and Patrick Byrne later attached to a press […]
Sam Antar posted this on his blog today regarding Mark Shurtleff’s letter about Sam. He says he just received notification from blogger.com TODAY that there was a comment waiting for approval by him. I reiterate my earlier concern: Why didn’t […]
