Class Bernie Madolph and his 50 million dollar ponzi scheme is a perfect example of a white collar criminal. What profile type does he appear to fit into?
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Dear Student,
Hi and thank you for using BrainMass. The solution below should get you started. In this particular task, you are asking for help in discussing Bernie Madoff as a WC profile. I suggest making it simple using this outline:
- About BM – 100 words
- His profile type – 150 words
This outline should yield around 250 words which should cover what you need. Just let me know via the feedback section if you need further clarification.
Bernie Madoff: White Collar
Bernie Madoff’ name as a white collar criminal is now well-known. Denny’s (2013) explanation goes as follows, “Madoff’s white-collar crime was the largest-ever Ponzi scheme in history. By its end, Madoff had effectively stolen $17.5bn (£11.4bn) from more than 4,000 account holders with Bernard L. Madoff Investment Securities (BLMIS), as well as …
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