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.

单词	zzzz best
释义	ZZZZ Best 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.
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