Board Memberships
Family
Michael Catain
President of Universal Capital Group, a liquidation and appraisal company
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son
Jack Catain, financed a publicly traded carpet cleaning business, ZZZZ Best, that also turned out to be a multimillion dollar Ponzi scheme in 1987. A Wall Street Journal article at the time called Jack "a mobster and loan shark." Jack Catain headed Rusco Industries Inc., a maker of aluminum building products that "was a front for laundering organized-crime money," the Journal reported. Jack Catain was convicted on counterfeiting charges but died before he was sentenced. He was also the third husband of Kathy Hilton, Paris Hilton's grandmother, according to the New York Times.