1. Ethical Analysis of the Bernard Madoff Investment Scandal
... later, he confesses to the largest ponzi scheme scandal the world has ever known. The Bernard "Bernie" L. Madoff scandal is of epic proportions. No one in the history of investments has ever defrauded so much money from banks, companies, and individuals as he did. Not even the Chicagoan lawyer, turned master conman, Leo Koretz, comes close to Madoff. In the 1920's Koretz stole through ... fraudulent pyramids scams 400,000 millions dollars, based on today's value. Through a fraudulent investment operation Madoff managed to steal for himself 20 billion dollars of principal funds that were ...
- Word Count: 2330
- Approx Pages: 9
- Has Bibliography
- Grade Level: Undergraduate