ZZZZ Best

(redirected from Barry Minkow)
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ZZZZ Best

A company established in the 1980s that engaged in massive fraud. Originally a carpet cleaning company, it later began insurance restoration services. It went public in 1996 and eventually acquired a market capitalization of more than $100 million. Unfortunately, much of that was stolen or simply fabricated. In addition to engaging in aggressive accounting, ZZZZ Best's CEO, Barry Minkow, borrowed from organized crime groups and lied to shareholders about insurance contracts that did not exist. Minkow was eventually convicted and sent to federal prison.
References in periodicals archive ?
LOS ANGELES, March 2 /PRNewswire/ -- For the first part of his life, Barry Minkow made headlines for being the youngest person in United States business history to take a company public through an S-1 registration statement before he was 21 years old.
blamed their recent woes squarely on the shoulders of Barry Minkow and Fraud Discovery Institute (FDI), today FDI has responded to the 8-K through the medium of online video.
on notice that a distributor, offended by the use of the term "terrorist" to describe Barry Minkow in a blast email sent by a high-level Usana distributor to his down-line, has forwarded Usana's unabridged, current distributors list.
SAN DIEGO, March 15 /PRNewswire/ -- The Fraud Discovery Institute, under the direction of Barry Minkow, has issued a report on public company, Usana Health Sciences, Inc.
On February 27, Barry Minkow and his Fraud Discovery Institute will release a three DVD series entitled "Frauds Gone Wild
21 /PRNewswire/ -- The Fraud Discovery Institute, under the direction of Barry Minkow, has issued a 200 page detailed report of an undercover operation involving a possible $250 million international fraud with ties to China and an American public company; it was announced by Barry Minkow and posted on http://www.
The jury awarded damages following proceedings and findings by the trial court that Marsch was liable for conspiring with convicted felon Barry Minkow to engage in an unlawful scheme to extort money from Lennar.
A historical look at massive fraud cases supports Kranacher's latter point: Barry Minkow of ZZZZ Best infamy, Ivan Boesky, WorldCom's Bernard Ebbers and the Rigas family in Adelphia the list goes on.
The call came in for Barry Minkow, the onetime San Fernando Valley whiz-kid con artist who'd just served 7 1/2 years for bilking investors out of $26 million in the notorious ZZZZ Best carpet cleaning company fraud.
Barry Minkow, an entrepreneur, fully understood the laws of supply and demand.
For those of you who don't remember, Barry Minkow was once known as the "Wonder Boy of Wall Street.
Another bizarre and widely publicized business flame-out with its share of screwy accounting was ZZZZ Best, the carpet and furniture cleaning enterprise hatched by a wily Los Angeles teenager named Barry Minkow.