Question

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:

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.