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The Madoff Case Study

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The Madoff Case Study
There are several ethical issues surrounding the Madoff case, but the two that significantly caught my attention was white collared crimes and enhancing the wealth of the rich at the expense of working class individuals. According to the textbook, white-collar crime (WCC), is a nonviolent crime orchestrated by highly educated people, resulting in deceit, concealment, subterfuge, and other fraudulent activity; consequently, WCC does more damage in monetary and emotional loss in one year than violent crimes do over several years combined (Hartline & Ferrell, 2014). WCC plays a significant role in the Madoff case. Bernie used his position, influential financial background and intimidation to secure million dollar investments from clientele. Morality

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