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Scandal

Wells Fargo: When inflating sales fall flat

“Wait—Wells Fargo is a top business scandal of 2020? Didn’t that mess happen in 2016? Turns out it’s more accurate to say the scandal started in 2016. Four years later it’s still going strong, meriting a Special Achievement Award among business scandals and thus a place on our list. D-Day was Sept. 8, 2016, when news broke that […]

Crimes Scandal

ZZZZ Best, Carpets and Cleaning Out Pockets

“In 1986, shortly after graduating from high school, Minkow took ZZZZ Best public. This raised over $11 million for ZZZZ Best after fees and costs, but even this wasn’t enough to pay off all the debts Minkow had accumulated while building his business. One problem going public created was that Minkow had to provide audited […]