assertions, Crazy Eddie continued to falter. By the autumn of 1989, the chain was down to eighteen remaining locations and sales were continuing to decrease and stores were unable to keep items stocked due to lack of supplier interest in the company. Finally, on October 2, 1989, Crazy Eddie’s bankruptcy was converted from Chapter 11 to Chapter 7, and the company began a total liquidation immediately thereafter. By the end of November 1989, the last eighteen Crazy Eddie stores were shuttered and the chain, which only five years earlier had been one of the more lucrative retail chains in the United States, had ceased to exist. Legal battles In the meantime, a longtime Crazy Eddie associate named Arnie Spindler, who quit the company after Eddie dismissed his father Sam, brothers Allen and Mitchell and others after a family dispute, had provided investigators with information concerning Crazy Eddie's fraudulent business practices. Spindler implicated Eddie and Sammy, but stated the rest of the family was innocent, though subpoenas were served to the entire Antar family. Based on information gathered during its investigation, the SEC charged Eddie Antar with securities fraud and illegal insider trading on September 6, 1989. In January 1990, a Federal district judge ordered Antar to repatriate more than $50 million he had transferred illegally to Israel. He was also ordered to appear in court to explain what had happened with the money. When he failed to appear, an arrest warrant was issued. Eddie surrendered to U.S. Marshals a week later, but was released and ordered to appear at a second hearing. When he failed to appear at that hearing, a second arrest warrant was issued and his assets were frozen. Eddie fled to Israel using a fake passport and the alias David Jacob Levi Cohen, and purchased a townhouse in the city of Yavne. After Eddie fled the country, Sammy offered to testify for Federal prosecutors in exchange for immunity. Sammy pleaded guilty to three felonies. He avoided jail time in exchange for his testimony, however, and was instead sentenced to six months of house arrest, 1,200 hours of community service, three years of probation, and was levied more than $10,000 in fines. As of 2009, Sammy was an adviser for government agencies and businesses investigating fraud. Eddie was arrested in June 1992 on federal racketeering conspiracy charges and was extradited to the United States in January 1993. He