Ethical issue that has been revealed is that Bernie Madoff Ponzi Scheme

The ethical issue that has been revealed is that Bernie Madoff Ponzi Scheme where he has stolen the company’s investors without knowing it. Bernard Lawrence “Bernie” Madoff, an American banker who has carved the largest project “Ponzi” in history, has thwarted investing thousands of billionaires for at least 17 years and is no longer able to do so. He was an electronics commercial pioneer and leader of the Nasdaq market in the early 1990s. According to the Securities and Meteorological Commission, the Ponzi project is a pyramid scheme that works on “robbing Peter to pay Paul.” With the promise of income-earning fraud, new investor interest is used to …

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