Theft, lying, stealing, being a criminal, and destroying lives of people are a few ethical issues that come to the surface in this white collar crime. Bernie Madoff is the epitome of unethical business practices and how the fallout is not worth the crime. Madoff has admitted that he knew he would eventually get caught and in a recent interview from jail has suggested that he could have had a successful career. The ethical issues and what made a human being do this is insurmountable. Madoff being a successful financier knew that he could not keep up the charade. More money was coming than was going out and this was ok until people started drawing money. Using other people for his gain was a devious plan Ferrell & Fraedrich & Ferrell, 2010).
