The ethical issues involved in the Madoff case were moral philosophy and value. The moral philosophy that Bernie Madoff portrayed completely defies the moral compass that most people use. Most people rely on their instinctive nature of honesty and trustworthiness. Bernie Madoff claims that he and his sons built a great investment firm to which there was no intention of unethical behavior. His unethical behavior got out of control and he didn’t know how to stop. The facts of the case prove that he schemed $65 billion dollars from investors of all walks of life. One US Senator even got caught up in his scheme unbeknown to her that she was involved. She was under the strict life guideline that she would only spend half of her earnings and
