Beautifully engraved SCARCE certificate from the ZZZZ Best Co. issued in 1987. This historic document was printed by Jeffries Bank Note Company and has an ornate border around it with a vignette of company logo. This item has printed signatures by the Company's President (Barry Minkow) and Assistant Secretary. Folds from original mailing and storage.
ZZZZ Best Inc., 1986 - Barry Minkow, the owner of this business, posited that this carpet cleaning company of the 1980s would become "The General Motors of carpet cleaning." Minkow appeared to be building a multi-million dollar corporation, but he did so through forgery and theft. He created over 10,000 phony documents and sales receipts without anybody suspecting anything. Although his business was a complete fraud designed to deceive auditors and investors, Minkow shelled out over $4 million to lease and renovate an office building in San Diego. ZZZZ Best went public in December of 1986, eventually reaching a market capitalization of over $200 million. Amazingly, Barry Minkow was only a teenager at the time! He was sentenced to 25 years in prison.