Was this man willing to do anything to achieve high status? What has recently been in the media is about a man named Bernard Madoff and his story of achieving status. Bernie Madoff was a former Amercian Stockbrocker, Investment advisor, Non-executive chairman of NASDAQ Stockmarket. Many wealthy people in America invested their retirement money with him. He was a very wealthy man with much respect and very powerful friends. Many people started to investigate how he was living such an extravagent life, with a penthouse apartment in Manhattan, the shares in two private jets, the yacht moored off the French Riviera. The way he lived such a luxurious life was by the Ponzi Scheme, he stole $65 Billion from his investors. He was not a hard working well respected man, he now became a greedy manipulator, fraud. This man did not care who he hurt to become successful, and to achieve a high status.
Bernie Madoff was charged with security fraud, investment advisor fraud, male fraud, wire fraud, money laundering, false statements, perjury, making false filings with the FEC, and theft from an employee benefit plan. He is now incarcerated in federal custody at Butner Federal Correctional Institution, eating cornbeef for dinner, wearing orange prisoner pants and working as a janitor 35 hours a week. He will be imprisoned for 150 years, the day of his release will be November 14th, 2139!