Bernard Lawrence Bernie Madoff Valerie Correa Prof. Masheika E. Allen    BUS 100 Mini Session 10/26/2010 1. calculate three types of nonlegal business behavior asseverate against Mr. Madoff and for for each one type of behavior, explain how the behavior is illegal or wrong in the conduct of business. Mr. Madoff was found blood vile of white trey crimes. Some of the crimes he was found guilty of were cash laundering, bearing false witness and securities lampoon. Description: Securities fraud is one of many white pass with flying colours crimes which violate trading laws. The definition of security encompasses many things including standards, bonds, commodities and divide trustments. property laundering is money obtained from criminal activity as a white collar crime is and have it even out out on as it originated from a legitimate source. Money laundering laws were enacted to disengage the profit out of criminal activity. lying under oath is known as lying under oath. It is the deliberate, willful swelled of false, misleading or incomplete testimony under oath. Mr.
Madoff, who is allegedly illogical $50 billion in investor money in histories cock-a-hoopst documented Ponzi scheme, He plead guilty for stealing wide sums of dollars from individuals and organizations, some of them charitable, by taking their money and pretending to invest it in the stock market, when in actuality he used the! money for his own egotistic purposes. 1. Name three types of parties who were impacted by the actions of Mr. Madoff and describe how they were impacted. some(prenominal) billionaires, as well as foundations or companies funded by or associated with billionaires were as well affected in Madoff scheme, they lost large sums of dollars after investing with Madoff. Investors such as mental picture producers, Banks in Europe, Asia and the United States have been affected, charities such as Chais Family...If you compliments to get a full essay, order it on our website:
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