• Sam Antar on Green Mountain: Inventory Changes Signal Trouble

    Sam Antar, former CFO of Crazy Eddie, a massive fraud in the 1980s, has been following Green Mountain Coffee Roasters (GMCR) for a long time. He has pointed out red flags of fraud over and over, and the current problem […]

  • Implied Credibility Given to White Collar Criminals (and Others!)

    Yesterday Reuters Insider published a video of an interview with Sam Antar, former CFO of fraudulent Crazy Eddie, talking about the efforts of the FBI to profile white collar criminals. The starting point for the interview was this article about […]

  • Overstock.com: The Circus Continues

    Sam Antar has often referred to Overstock.com and CEO Patrick Byrne as the gifts that keep on giving. And he sure is right! There is never a dull moment when it comes to wacky conspiracy theories and accounting woes that […]

  • Conservatism is no excuse for false financial statements, Overstock.com

    I’ve written extensively in the past about the train wreck that is Overstock.com (NASDAQ:OSTK) and its nutty CEO, Patrick Byrne.  Just when I think there couldn’t possibly be more to write about the horrible company and Byrne’s crazy antics, I’m […]

  • The Journal of Accountancy recommends Sam Antar’s blog

    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 […]

  • When Money Talks, Mark Shurtleff Listens

    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 […]

  • Overstock.com Materially Overstates EBITDA

    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 […]

  • About the SEC “sprinkling holy water” on Overstock.com

    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 […]

  • Sam Antar’s Advice to Investors

    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!

  • Overstock.com: What are you hiding?

    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 […]