Bernie Madoff, recently sentenced to 150 years in prison for creating a Ponzi scheme which caused clients to lose millions of dollars, engaged in which form of crime

Bernie Madoff was engaged in corporate crime.

Crime is any behavior and any act, activity or event that is punishable by law.

Corporate crimes (white collar crime) are crimes committed by a person of respectability and high social status in the course of his occupation/

Major types of corporate crimes are bribery, counterfeiting, embezzlement, bank fraud and blackmail etc.

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Corporate crime

Explanation: Corporate crimes are crimes perpetrated by a corporation or business entity, that is a business using an legal organizational name in it's dealings.

Corporate crimes could also be traced to individuals who utilizes his or her name and acts on behalf on an organization or corporation.

In the scenario above, Bernie Madoff is guilty of corporate crime as he his likely acting in behalf of an organization who indulges in ponzi scheme which flawed and resulted in the loss or disappearance of his client's investment.

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