While still in high school, Minkow founded ZZZZ Best (/ ˈ z iː b ɛ s t / [2]), which appeared to be an immensely successful carpet-cleaning and restoration company. However, it was actually a front to attract investment for a massive Ponzi scheme.

2022年8月3日 · ZZZZ Best was a carpet cleaning and restoration company founded by Barry Minkow that served as a front for a famous Ponzi scheme. The company went public in December 1986 and was...

2024年3月8日 · ZZZZ Best was a carpet cleaning and restoration company founded by Barry Minkow, infamous for operating a Ponzi scheme. The company’s rapid rise to a valuation of over $300 million in just seven months after going public concealed a web of fraud and deception.

1989年3月28日 · Barry Minkow, who as a teen-ager founded the ZZZZ Best carpet-cleaning company, was sentenced today to 25 years in prison and ordered to pay $26 million restitution for fraud.

ZZZZ Best (pronounced: zee best) was a carpet cleaning and restoration company that was created in Inglewood, California in 1982 by Barry Minkow. Minkow was sixteen and still at school when he founded the company. The company was involved in huge amounts of fraud. It was a front for a Ponzi scheme.

2019年3月13日 · Great frauds in history: ZZZZ Best. ZZZZ Best was a carpet-cleaning company set up in 1982 by 16-year-old Barry Minkow, who would use it to run a Ponzi scheme that netted millions.

1987年9月6日 · Los Angeles Police Chief Daryl F. Gates has announced that Minkow and ZZZZ Best are under investigation for allegedly being part of a money-laundering conspiracy linked to organized crime. While...

1989年3月30日 · But together they pulled off one of the biggest swindles in Southern California history, a $100-million con that convinced wealthy investors, a Big Eight accounting firm and Wall Street bankers...

1988年12月15日 · Prosecutors alleged that the charismatic, fast-talking young salesman engineered a classic sting operation--complete with faked documents, staged phone calls and even rented office space hastily...

2020年11月18日 · Articles are abound about the 1980s Ponzi scheme regarding Barry Minkow and his ZZZZ Best carpeting firm, a legitimate carpet-cleaning firm that greatly exaggerated its revenues in elaborate schemes to attract millions of dollars in investment.