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Who are the stakeholders to Madoff's Pronzi sceme

Who are the stakeholders to Madoff's Pronzi sceme

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Answer #1

Stakeholder to madoff ponzi scheme were as follows-

A. investors who are most important stakeholder who were losing their confidence and trust in investment companies.

B. Government who were not able to formulate enough sound regulation in order to deal with fraudulent practice

C. Secondary markets were another stakeholder in which the investors were feeling completely insecure to take their exposure because they wear feeling like they can get cheated and the trust were lost.

D. Regulator's were also not able to control with the fraud.

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