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Greed: Bernie Madoff Fraud Case

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Greed is the only option that can support Bernie Madoff decision on becoming a criminal. He was already well off from the start of his parents under the table schemes he just wasn’t satisfied. According to biography.com the Madoff parents seems to have started their under the table schemes in the 1960s when he was just a child, they started when his mother registered as a broker-dealer and listed their home as an office and called the company Gibraltar Securities following that the SEC forced the closure of the business for failing to report its financial condition. The only thing that can refute he did the right thing by engaging in fraud was he was following his mother guide on running the business and his business traits were passed down

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