Bernard Madoff

Charles Ponzi is probably one of the most well-known con artists America has ever encountered. Beginning his crimes with forging bad checks to smuggling Italian immigrants into the U.S. He was cunning and had a slick way with his speech to trick people into believing his scams. Unfortunately for him, his charm wasn’t enough to keep him out of jail. Charles Ponzi was born in Parma, Italy, in 1882. He came to America on the S.S. Vancouver in November of 1903, when he was 21 years old. It’s said…

There are no heroes in the Madoff story, just villains and those who lost millions of dollars in what is known as the “con of the century”. The scary truth to the story is that if Madoff hadn’t faced seven billion dollars in redemptions his Ponzi scheme might not have been discovered. Everyone in New York City wanted to know how he could’ve possibly pulled off such a stunt. Madoff was one of the most active traders in the marketplace and the list of victims grows longer and longer by the day. On…

behavior is that of Bernard Madoff and his Ponzi scheme. Bernard…

greedy people stealing from the average Joe. Bernie Madoff is a prime example of taking greed to an incomprehensible level, intentionally stealing billions of dollars from unknowing investors. He was the mastermind of the biggest ponzi scheme in American History. It 's possibly he stole money simply for the fun of it, or maybe the thought of being able to get away with this greedy act was too tempting. The bottom line is, either way Bernie Madoff still got caught, and it appears it was…

1. Gordon Gekko, a man that is sentenced to jail for money laundering, comes out eight years later and finds himself with alone. He is in love with money and finds a way to get his millions that he once had, when Jake Moore (his daughters fiancée comes to him. Jake wants to take revenge for his mentors death, Gordon takes advantage of this and becomes and ally. Gordon gains Jakes trust and pretends to help him by telling him where to find a large amount of money. He tricks Jake and takes the…

In the passage," Isabella Stewart Gardner Heist: 25 years of theories", the police and FBI agents discovered that a special piece of artwork was stolen, Rembrandt's Christ in the Storm on the Sea of Galilee. The stolen work of art was worth $500 million dollars, making it known as the largest art theft in American History. Later on, it tells us about our main protagonist, a reporter for the Boston Herald. He tells us about some paint chips he received in1997 from people who were in charge of to…

One of the raging civil wars in the cryptocurrency world is Ethereum vs. Ethereum Classic. Similar to the in-fighting with Bitcoin and Bitcoin Cash, this civil war is causing a big divide among the cryptocurrency owners. So, what has caused the rift? Should you be moving away from the original and hedging your bets with Ethereum Classic? What Happened to Ethereum? The fallout began with a hack on the integral component that ran on the original Ethereum. There was a significant amount of money…

Akamai Technologies Incorporation, Polycom and People Support. His idea of doing business was just to receive the price information about a stock and then buy it right before it is up in the market for sale and then sell it to the price of his choice. This idea not only made him a wealthy rich person in the wall street but also a celebrity who featured in numerous business magazines and reality shows and once he was start being a role model in wall street to look up to since he rose the ranks…

Mega-star music producer Scott Storch filed for bankruptcy yesterday, officially claiming a meager $3,600 in assets and $100 in cash. In 2010 he was worth $70 million. Storch's fortune came from producing blockbuster hits for artists like Beyonce, Christina Aguilera and Justin Timberlake, but he has allegedly blown it all on cars and cocaine. In 2010, Storch counted a total of 13 cars in the garage of his Miami mansion, including a $600,000 Mercedes SLR and a $1.7 million Bugatti Veyron. He…

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…