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A fake rich guy Kramer made up to look important. He used it to sneak into an apartment just so he could pee in the bathroom during a parade.
Kramer told Jerry, 'I’m H. E. Pennypacker now. I’m rich. I’m famous. I’m peeing in a fancy bathroom.'
He tried to sell the apartment to a guy named Kel Varnsen, but it was all a scam.
He even brought Art Vandelay to the apartment like he was a VIP.