Bernard Madoff is a utilitarian because he believed that he could help people gain more money. He promised to his investors that their money would grow and grow. People made 18% back on their money and Madoff only made 10%. Madoff investor made back more of their money than they had invested but that was only for those pulled their money back out. …show more content…
He would take one for every five dollars that was earned. The money that was skimmed was placed into offshore bank accounts. He was taking money from cash sales avoid claiming it on taxes. Antar would falsely use inventory information by putting off used goods and new goods. Antar used his family member as a auditor so he would be able to falsify their inventory. He would fake insurance claims on damaged goods so he could get insurance money from those goods. He was only hiring family members to help skim money from the company. He cashed out the stock for the company before it crashed. When he sold his company, he scammed the new owners. The new owner quickly found out about the false inventory. Antar fled the country and left Sammy, the spy auditor, for the