Teen's $280M Scam Exposed

In the 1980s, a carpet-cleaning company named ZZZZ Best was founded by a 16-year-old boy named Barry Minkow. It reached a $280 million valuation after going public. However, a homemaker who had been overcharged a few hundred dollars exposed the company when her refund requests went ignored-ultimately unraveling it as a Ponzi scheme.

Previous Fact Next Fact