Question: Based on the facts, what is the primary ethical issue in this case? Who are the stakeholders? What changes could have been made to impact

  1. Based on the facts, what is the primary ethical issue in this case?
  2. Who are the stakeholders?
  3. What changes could have been made to impact the outcome of this fraud?
  4. Research recent developments in this case.What impact have they had on GAAP and/or GAAS, the SEC, the AICPA, etc?
  5. Identify other ways that this Ponzi scheme could have been stopped.

These questions are based on the Bernie Madoff case

case link: https://www.investopedia.com/terms/b/bernard-madoff.asp

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