I'm not interested in debating such a thing. Let's just say (agree?) the labor/services Madoff performed were not the labor/services his investors had hoped for. And since his labor/services were in opposition to agreed upon contracts, he is sitting in jail.

I have already provided at least 2 other examples of people immorally earning (per your new definition) money, you have ignored both to focus on semantics involving Madoff.

My point remains. Your original post and overall point is invalid. In fact, it is 100% backwards. Money is morally neutral. It's how you get money and what you do with it that determines morality.