Pink cheques, an insurance company, recently came under close scrutiny after its top management was involved in a major scam. The scam led to the company shutting down and many employees, consequently, losing their jobs. This scenario illustrates that the scam had a:

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Anastasia Tran

Business

17 July, 00:45

Pink cheques, an insurance company, recently came under close scrutiny after its top management was involved in a major scam. The scam led to the company shutting down and many employees, consequently, losing their jobs. This scenario illustrates that the scam had a:

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Aaden Montgomery · Answer 1

I believe the answer is: high magnitude of consequences.

Event with high magnitude of consequences refers to the type of event which resulted in negative impact for a large number of people (such as loss of many jobs, destruction of health, etc). Such event usually ignited by immoral actions that conducted for small group of people to obtain certain level of profit or desire.