Bernard Madoff

investigations against Bernie Madoff between 1992 and 2006, regulator lawyers for Securities and Exchange Commission (SEC) produced lackluster efforts and results to prevent Madoff from conducting financial fraud that robbed many individuals, charities, non-profit organization, and educational institutions of their entrusted and invested funds (Shafritz, Russell, & Borick, 2013). In essence it was the SEC that enabled Madoff to further build his Ponzi scheme, which resulted with Madoff…

“Fake it ‘til you make it” sadly doesn’t always work, especially when what’s being faked is Jesus’s brother’s ossuary. “Unholy Business: A True Tale of Faith, Greed and Forgery in the Holy Land” by Nina Burleigh was published in 2008, describes the journey and struggle of validating this ossuary. James Ossuary is the main focus of this book, and all of the experts and millionaires that want to have it in their collection. The story of the discovery, travel, and testing of the ossuary is told…

Analyzing The Big Short The whole housing market is built like a giant Jenga tower. The AAA mortgages are at the top of the tower while the BBB’s are the lowest base of the tower. The AAA’s and AA mortgages were to make so much money that the extra money was to trickle down to the BBB’s at the base. This information is in the book The Big Short: Inside the Doomsday Machine written by Michael Lewis. He has written many best-selling non-fiction books like Moneyball and The Blind Side both were…

This is not the first time Madoff office has been raided by SEC investigators, the recent raid being on 20th April 2005. They wanted to know if Madoff had hedge trade funds or executing hedge trade funds for others as he always claimed. Their investigation was after SEC staffers had found an email that expressed why Renaissance Technologies stopped doing business with Madoff. Initially, examiners claimed they were just on a normal routine examination of the brokerage firm’s books and records. On…

crime that Bernie Madoff showed was bankruptcy fraud, and a form of blackmail. Baste of the information in chapter 6 the reason why white collar criminals are able to carry out their schemes for so long are, because most of them are mostly highly educated people that work within a powerful business or organization. One of the ways Madoff was able to keep his scheme going for so long because, he hired inexperienced employees or uneducated people with no background in finances. Madoff was very…

Bernie Madoff started his family-operated business legally selling stocks before committing one of the largest white-collar crimes of our generation. Madoff was a credible and well-respected figure on Wall Street. He was lobbying for investment changes, sat on an advisory committee for regulation of the stock market, and served as the Chairman of NASDAQ (Ferrell, Fraedrich & Ferrell, 2013). As Madoff became more respected, his clientele list became more select. Bernie Madoff promised his…

The Broken Laws Laws and rules are always broken. When they are broken, they can end with consequences ranging from small to major. Harry and Carry, a newly married couple, break a suddenly given law in a small town in Maryland in 2092. Finding out that a major consequence will be dealt with, is not fun. A married couple named Harry and Carry were going out to the store on Monday, the only day to go shopping, when a new law came over the phone. As they were not at the house, Harry and Carry…

My son is one Lionel Messi is one of the best soccer players of ever lived, but for one silly mistake everything can change for him. Messi and his father were really close, but they were up to something. Messi and my husband were always respectful, responsible, and caring. In 2006 to 2009 Messi and his father were doing a tax fraud. Nobody was expecting this not even me. Who expected one of the richest athlete who ever lived not pay taxes. In July 6, 2016 he was taken to court with his father.…

Greetings everyone! Today, I’ll tell you more about the famous billionaire Donald J. Trump! I’ll be talking about these subjects:  Donald Trump’s private life  Donald Trump’s business career  Donald Trump’s political career Donald Trump’s early life: Donald John Trump was born on June 14th, 1946, making him 69 years old. He was born as the fourth of five children to Fred Trump, an American citizen of German descent, and Anne nee MacLeod, a Scottish woman. Donald Trump was born and raised in…

Nicholas Cosmo: Bad Investor or Crook Nicholas Cosmo (Figure 2), born in 1971, is a former American businessman and white collar criminal (Nicholas Cosmo, n.d.). “In 1997, after Cosmo became a licensed stockbroker, he was arrested and later pleaded guilty to mail fraud related to a stock investment scheme. He was sentenced in 1999 to 21 months in prison and ordered to pay restitution of $177,000 plus interest and to undergo therapy for gambling. His broker's license was revoked in 2000 and he…