OTHER NEWS - June 25, 1992

Fugitive Retailer Arrested In Israel: Eddie Antar, the fugitive head of the defunct “Crazy Eddie” electronics store chain, has been arrested in Israel after more than two years on the run, officials said. An 18-count federal indictment charged Antar, his brothers Mitchell and Allen, and their cousin Eddie Gindi with securities fraud, mail fraud and conspiracy to commit securities fraud. They are accused of inflating the value of the 43-store New York-based chain. In Jerusalem, national police spokeswoman Tami Paul-Cohen said detectives tracked down Antar, 45, in the central Israeli town of Yavne. Steps will be taken to extradite him to the United States, she said.