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Bernie Madoff Scandal Summary. Madoff was able to steal roughly 65 billion dollars during the course of multiple decades. White collar crime was defined by Edwin Sutherland as a crime committed by a respectable person of high social status during the course of their career and can include fraud embezzlement and insider trading 170.
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His only goal was to benefit himself and his family while completely ignoring the well-being of others. Demarest Jr the Assistant Director-in-Charge of the New York Field Office. Dassin the Acting US.
Bernie Madoff is famous for operating probably the largest Ponzi scheme in history.
Madoff owed 170 Billion in restitution as part of his sentence. Demarest Jr the Assistant Director-in-Charge of the New York Field Office. In the end Bernard L. That summer the 71-year-old was sentenced to 150 years in prison.
