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Madoff Ponzi Scheme

Answer the following question on the Madoff Ponzi Scheme case, this is a business philosophy class.
1.What happened?
2.Who got hurt?
3.Who benefitted from the wrong doing?
4.How did the case get resolved?
5.How this case would have been resolved if one of the three major philosophical ethical frameworks would be applied to solve this case?
>deontology
>utilitarianism
>social contract theory
(only use one of the 3 listed to answer number 5)

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