Zzzz Best Carpet Cleaning

Barry was the founder and ceo of zzzz best pronounced zee best which started out as a legitimate carpet cleaning company in southern southern california.

Zzzz best carpet cleaning.

Whiz kid entrepreneur barry j. The company went public in december 1986 and was quickly valued at over. Barry minkow founded a carpet cleaning company named zzzz best in his sophomore year of high school. Business pressures and unpaid bills caused a young entrepreneur to perpetrate one of the largest accounting frauds.

While still in high school he founded zzzz best pronounced zee best which appeared to be an immensely successful carpet cleaning and restoration company. It quickly turned into a house of cards built upon a foundation of fake customers fake projects and fake supporting documents. Zzzz best appeared to be an instant success. Minkow was charged in federal court with racketeering money laundering and fraud in connection with zzzz best a company he founded as a teenager.

Barry jay minkow born march 22 1966 is a former american businessman pastor and convicted felon. You ll recall that minkow is the guy behind zzzz best a now long defunct carpet cleaning company that has been the poster case for accounting fraud for more than 20 years. Back in the 1980s minkow launched the company and rapidly grew it into a concern boasting 200 million in market capitalization. This is the longest of 3 tv commercial spots made for zzzz best carpet cleaning co.

Zzzz best was a carpet cleaning company set up in inglewood california in 1982 by the then 16 year old barry minkow while he was still in school. He seemed like a model young entrepreneur except for the fact that he never. However it was actually a front to attract investment for a massive ponzi scheme. Zzzz best founded by barry minkow was a carpet cleaning and restoration company that served as a front for a ponzi scheme.

However it was actually a front to attract investments for a massive ponzi scheme.