Zzzz Best Carpet Cleaning Commercial

The company was involved in huge amounts of fraud.

Zzzz best carpet cleaning commercial.

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. Dr matthew partridge 13 mar 2019 dyyb43. 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. Minkow turned an insolvent carpet cleaning business into a public company with a paper value of more than 200 million.

I remember as a very young buck going into my dad s office at the height of zzzz best. Barry minkow who as a teen built a fortune out of his zzzz best carpet cleaning business in reseda before it collapsed as a fraud was sentenced to five years in prison for embezzling 3 million. I had been reading a story in the wall street journal about how wonderful barry minkow was doing with his carpet cleaning company. It was a front for a ponzi scheme.

It quickly turned into a house of cards built upon a foundation of fake customers fake projects and fake supporting documents. Minkow launched a massive television advertising campaign portraying zzzz best as a carpet cleaner that southern californians could trust. He owned a ferrari and a bmw and bought a mansion in the wealthy valley community of woodland hills. He was lionized in the press indulged on the oprah winfrey show and.

Minkow was sixteen and still at school when he founded the company. Zzzz best founded by barry minkow was a carpet cleaning and restoration company that served as a front for a ponzi scheme.