Barry Minkow
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Barry Minkow
Barry Jay Minkow (born March 22, 1966) is a former American businessman, pastor, and convicted felon. While still in high school, Minkow founded ZZZZ Best (pronounced "Zee Best"), which appeared to be an immensely successful carpet-cleaning and restoration company. However, it was actually a front to attract investment for a massive Ponzi scheme. ZZZZ Best collapsed in 1987, costing investors and lenders $100 million in one of the largest investment frauds ever perpetrated by a single person, as well as one of the largest accounting frauds in history. The scheme is often used as a case study of accounting fraud. After being released from jail, Minkow became a pastor and fraud investigator in San Diego, and spoke at churches and schools about ethics. This came to an end in 2011, when he admitted to helping deliberately drive down the stock price of homebuilder Lennar and was ordered back to prison for five years. Three years later, Minkow admitted to defrauding his own church and ...
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Inglewood, California
Inglewood is a city in southwestern Los Angeles County, California, in the Los Angeles metropolitan area. As of the 2020 U.S. Census, the city had a population of 107,762. It was incorporated on February 14, 1908. The city is in the South Bay region of Los Angeles County, near Los Angeles International Airport. History The earliest residents of what is now Inglewood were Native Americans who used the Aguaje de Centinela natural springs in today's Edward Vincent Jr. Park (known for most of its history as Centinela Park). Local historian Gladys Waddingham wrote that these springs took the name Centinela from the hills that rose gradually around them, and which allowed ranchers to watch over their herds," (thus the name ''centinelas ''or sentinels). Spanish era The original settlers of Los Angeles in 1781, one of whom was Spanish soldier Jose Manuel Orchado Machado, "a 23-year-old muleteer from Los Alamos in Sinaloa". These settlers, she wrote, were ordered by the offic ...
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San Diego
San Diego ( , ; ) is a city on the Pacific Ocean coast of Southern California located immediately adjacent to the Mexico–United States border. With a 2020 population of 1,386,932, it is the List of United States cities by population, eighth most populous city in the United States and the county seat, seat of San Diego County, the List of the most populous counties in the United States, fifth most populous county in the United States, with 3,338,330 estimated residents as of 2019. The city is known for its mild year-round climate, natural deep-water harbor, extensive beaches and parks, long association with the United States Navy, and recent emergence as a healthcare and biotechnology development center. San Diego is the List of municipalities in California, second largest city in the U.S. state, state of California, after Los Angeles. Historically home to the Kumeyaay people, San Diego is frequently referred to as the "Birthplace of California", as it was the first site vi ...
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Claims Adjuster
A claims adjuster, desk adjuster, field adjuster, or general adjuster (claim adjuster, claims handler, claim handler or loss adjuster in the United Kingdom, Ireland, Australia, South Africa, the Caribbean and New Zealand) investigates insurance claims by interviewing the claimant and witnesses, consulting police and hospital records, and inspecting property damage to determine the extent of the insurance company's liability. Other claims adjusters who represent policyholders may aid in the preparation of an insurance claim. Duties In the United States, claims adjusters typically: * Verify an insurance policy exists for the insured person and/or property. In general, these are written by the policy-holding insurance company. * Review the insurance policy to determine if coverage exists for the loss(es). * Assess risk(s) of loss(es), or damages to property, culminating in the loss of property and or bodily injury. * After completing the above investigations, evaluate the covered inju ...
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New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ...
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Thomas Nelson (publisher)
Thomas Nelson is a publishing firm that began in West Bow, Edinburgh, Scotland, in 1798, as the namesake of its founder. It is a subsidiary of HarperCollins, the publishing unit of News Corp. It describes itself as a "world leading publisher and provider of Christian content". Its most successful title to date is '' Heaven Is for Real''. In Canada, the Nelson imprint is used for educational publishing. In the United Kingdom, it was an independent publisher until 1962, and later became part of the educational imprint Nelson Thornes. British history Thomas Nelson Sr. founded the shop that bears his name in Edinburgh in 1798, originally as a second-hand bookshop at 2 West Bow, just off the city's Grassmarket, recognizing a ready market for inexpensive, standard editions of non-copyright works, which he attempted to satisfy by publishing reprints of classics. By 1822, the shop had moved to 9 West Bow, and a second shop had opened at 230 High Street, on the Royal Mile. In 1835, ...
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Check Kiting
Check kiting or cheque kiting (see spelling differences) is a form of check fraud, involving taking advantage of the float to make use of non-existent funds in a checking or other bank account. In this way, instead of being used as a negotiable instrument, checks are misused as a form of unauthorized credit. Kiting is commonly defined as intentionally writing a check for a value greater than the account balance from an account in one bank, then writing a check from another account in another bank, also with non-sufficient funds, with the second check serving to cover the non-existent funds from the first account. The purpose of check kiting is to falsely inflate the balance of a checking account in order to allow written checks to clear that would otherwise bounce. If the account is ''not'' planned to be replenished, then the fraud is colloquially known as ''paper hanging''. If writing a check with insufficient funds is done with the expectation they will be covered by payday it i ...
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Working Capital
Working capital (WC) is a financial metric which represents operating liquidity available to a business, organisation, or other entity, including governmental entities. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. Gross working capital is equal to current assets. Working capital is calculated as current assets minus current liabilities. If current assets are less than current liabilities, an entity has a working capital deficiency, also called a working capital deficit and negative working capital. A company can be endowed with assets and profitability but may fall short of liquidity if its assets cannot be readily converted into cash. Positive working capital is required to ensure that a firm is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and upcoming operational expenses. The management of working capital involves managing inventories, accounts receiv ...
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Los Angeles Times
The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the United States. The publication has won more than 40 Pulitzer Prizes. It is owned by Patrick Soon-Shiong and published by the Times Mirror Company. The newspaper’s coverage emphasizes California and especially Southern California stories. In the 19th century, the paper developed a reputation for civic boosterism and opposition to labor unions, the latter of which led to the bombing of its headquarters in 1910. The paper's profile grew substantially in the 1960s under publisher Otis Chandler, who adopted a more national focus. In recent decades the paper's readership has declined, and it has been beset by a series of ownership changes, staff reductions, and other controversies. In January 2018, the paper's staff voted to unionize and final ...
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Cleveland High School (Los Angeles)
Grover Cleveland Charter High School is a public school serving grades 9–12. Cleveland Humanities Magnet is part of Cleveland Charter High School. The school is located along the community of Reseda Ranch within the neighborhood of Reseda, in the San Fernando Valley portion of the city of Los Angeles, California. Cleveland offers certain pathways and academic programs to personalize learning to the students, allowing for self-exploration. Cleveland offers a Media Arts, Visual Arts, STEM, Performing Arts, Liberal Studies, and World Language pathway. Cleveland's academic programs include the Academy of Art and Technology (AOAT) and the School for Advanced Studies (SAS). It has two magnet programs including the Humanities Magnet and the Global Media Studies Magnet. Cleveland, a part of the Los Angeles Unified School District, was named after President Grover Cleveland. It was in the Los Angeles City High School District until 1961, when it merged into LAUSD. In 2010, Cleveland Hig ...
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Telemarketing
Telemarketing (sometimes known as inside sales, or telesales in the UK and Ireland) is a method of direct marketing in which a salesperson solicits prospective customers to buy products or services, either over the phone or through a subsequent face to face or web conferencing appointment scheduled during the call. Telemarketing can also include recorded sales pitches programmed to be played over the phone via automatic dialing. Telemarketing is defined as contacting, qualifying, and canvassing prospective customers using telecommunications devices such as telephone, fax, and internet. It does not include direct mail marketing. History The term ''telemarketing'' was first used extensively in the late 1970s to describe Bell System communications which related to new uses for the outbound WATS and inbound Toll-free services. Telephonists The rise of telemarketing can be traced back to the 19th century telephonists, or switchboard operators. Trans-cultural hiring of switchboar ...
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San Fernando Valley
The San Fernando Valley, known locally as the Valley, is an urbanized valley in Los Angeles County, California. Located to the north of the Los Angeles Basin, it contains a large portion of the City of Los Angeles, as well as unincorporated areas and the Municipal corporation, incorporated cities of Burbank, California, Burbank, Calabasas, California, Calabasas, Glendale, California, Glendale, Hidden Hills, California, Hidden Hills, and San Fernando, California, San Fernando. The valley is well known for its iconic film studios such as Warner Bros. Studios, Burbank, Warner Bros. Studio and Walt Disney Studios (Burbank), Walt Disney Studios. In addition, it is home to the Universal Studios Hollywood theme park. Geography The San Fernando Valley is about bound by the Santa Susana Mountains to the northwest, the Simi Hills to the west, the Santa Monica Mountains and Chalk Hills to the south, the Verdugo Mountains to the east, and the San Gabriel Mountains to the northeast. The ...
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Reseda, Los Angeles
Reseda is a neighborhood in the San Fernando Valley region of Los Angeles, California. It was founded in 1912, and its central business district started developing in 1915. The neighborhood was devoted to agriculture for many years. Earthquakes struck the area in 1971 San Fernando earthquake and 1994 Northridge earthquake. The neighborhood has 15 public and five private schools. The community includes public parks, a senior center and a regional branch library. History Founding and growth The area now known as Reseda was inhabited by Indigenous peoples of the Americas, Native Americans of the Tongva tribe who lived close to the Los Angeles River. In 1909 the Suburban Homes Company, a syndicate led by Hobart Johnstone Whitley, H.J. Whitley, general manager of the Board of Control, Harry Chandler, Harrison Gray Otis (publisher), H.G. Otis, Moses Sherman, M.H. Sherman and O.F. Brandt purchased 48,000 acres of the Farming and Milling Company for $2,500,000. Henry E. Huntington ...
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