requiere 100 words 

This week's discussion will focus on financial fraud and the implications on consumers and the financial markets.  Select ONE of the TWO topics below for your weekly discussion topic: 

1)  Research and discuss the Bernie Madoff ponzi scheme.  What does this story tell you about human nature?  Discuss the role of the regulatory agencies and the reasons for not detecting the fraud? Analyze the impact of this type of fraud on the U.S. economy.

https://www.businessinsider.com/how-bernie-madoffs-ponzi-scheme-worked-2014-7

2)  Research and discuss the Theranos scandal involving Elizabeth Holmes and Ramesh Balwani.  What does this story tell you about human nature?  Make sure to discuss how regulatory agencies and investors were not able to detect the fraud?  Discuss how this type of fraud could impact consumer confidence.

https://www.smh.com.au/business/companies/blood-fraud-and-money-led-to-theranos-ceo-s-fall-from-grace-20180315-p4z4f8.html