It is the persons like Bernard Lawrence “Bernie” Madoff, who give business a bad name. Well, everyone starts a business to make money, and one thing is for certain that making money is not easy, even for the person who is the best at it. And it is in human nature to take the easy way out, and thus people like Bernie Madoff manages to do this much harm. Quite a lot of individual investors, universities, pension funds and corporations lost almost everything they had in Bernie Madoff’s $50 billion Ponzi scheme. And it might come as a surprise to some, but the list of those who have been severely affected by Bernie Madoff’s $50 billion Ponzi scheme, contains some very prominent names. As a direct result of this, the celebrities are suffering from major financial at the moment. Even though Bernard Madoff is currently facing the consequences of his terrible deeds, but the damage has already been done, and if the affected people will ever recover from it is quite unclear at best. The sole purpose of this article is to raise awareness, because men like Bernard Madoff will always be around, and the only defense against such dishonest business person we have is to become aware and acknowledge their existence.
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