ZZZZ Best, founded by Barry Minkow, was a carpet-cleaning and restoration company that served as a front for a Ponzi scheme. The company went public in December 1986 and was quickly valued at over $300 million. Within seven months of the IPO, ZZZZ Best was bankrupt and its assets were auctioned for approximately $64,000.
Click to rate this post!
[Total: 0 Average: 0]