Untitled Presentation

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 2

Ethical issues with a ponzi scheme

Ponzi scheme itself is unethical

Conned people for personal gains

Initial investors earned money

Stating False profits/ overstating profits

Shana Madoff got married to a Senior SEC


investigator
False commitments about returning
20% profit within first 90 days

Manipulated investors and made


them feel special

Majority investors were charity and


Russian mafia

You might also like