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Bernard Madoff: A Game Of Greed

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Bernard Madoff: A Game Of Greed
Bernard Madoff himself stated that this had been going on since the early 1990's. Given that this confession was probably something that he did by himself at the beginning. His staff such as his accountant and auditors should have detected the scheme due to the fact that his profits were so unachievable solely on legal investment practices. As the others may have acted with Madoff he was the mastermind of the scheme and probably received majority of the money. The scheme may have started as a “short term strategy” but it quickly became a game of greed. Bernard Madoff’s goodness made it easy for him to take some many people’s money (Arvedlund, 2009). Misapplying funds through sinister means became easier than doing the actual job and helping people/companies make sound and conservative investments for their future and easy money is almost always made by unethical/illegal means (Ferrell, Fraedrich, & Ferrell, 2015). …show more content…
Meanwhile, since Madoff sons alerted authorities of there father wrong doing makes them seem not involved but the fact that one of his sons ended his life shortly after the father was arrested appears

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