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How Did Bernard Madoff Get Caught Up In The Ponzi Scheme

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I believe that it is quite possible that Bernard Madoff got caught up in the Ponzi scheme before it was too late to make a change. However, I am pretty convinced that greed not only caused the beginning of the activity, but increased as his list of investors did. Madoff started out his business legitimately, but when he witnessed the amount financial gain he could obtain for him and his investors everything changed. When reviewing the case, you see that Madoff was very selective with the companies and people that he chose to do investment business with (Ferrell, Fraedrich, & Ferrell, 2013). These investors were not your average person who lives off their paycheck; they were wealthy individuals and companies who he met through networking

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