Examples Of Ethics And Embezzlement

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Ethics and Embezzlement What is the most ethical way to deal with someone that has embezzled thousands of dollars from you? This paper will discuss how to handle a situation in which you find that a person that has worked for you for approximately twenty years is stealing from you. In a situation like this, you need to consider what is best for the person, the company, and what will bring about the best ending. These are the three classifications are traditionally used in ethics. They classify the basis for ethical decision-making. The first tradition is deontology, in which the person decides if the action itself is ethical. This way of thinking says, “Actions are viewed as having inherently good or bad qualities.” (Wicks, Freeman, Werhane, …show more content…

In addition, if she had been convicted of a crime, the bankruptcy may not have wiped out this debt (Almond, para 3). In that case, she would still be paying for her years of poor choices and the hurt she caused. In other well-known cases of embezzlement, we have seen some heavy sentencing. For example, Bernie Madoff embezzled approximately 65 billion dollars and was sentenced to 150 years in prison. He has only paid back approximately 5.87 billion dollars (Rosenblum). In many cases, the victim will not receive full restitution. Another with Kenneth Lay of Enron, who embezzled eleven billion dollars, faced up to 45 years in prison and died before he could serve this sentence …show more content…

5). Is the action itself good or bad? In this case, embezzlement is wrong; destroying someone’s life over it is a more difficult decision on this scale. Will this prove you someone of good or bad character? Again, embezzling would place you into the bad character category. Choosing to turn someone in and send him or her to prison would not make you a bad person. However, would forgiving and helping everyone move on make you a better person? Do the ends justify the means? Embezzling is considered stealing and is wrong. There are very few examples when it would be justified. The only examples I can think of would be if you were to steal from some kind of crime syndicate. As for turning someone in who has stolen from you. Would destroying their life and the life of their family be worth getting a few extra

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