''Chasing Madoff'' is a 2010 documentary film written and directed by
Jeff Prosserman. The film is based on the book by
Harry Markopolos. It was first released at the International Documentary Film Festival in Amsterdam on 19 November 2010. It was first shown in North America on 26 August 2011.
Summary
The film chronicles how Harry Markopolos and his associates spent ten years trying to get the
U.S. Securities and Exchange Commission (SEC) and others to acknowledge and act on their investigative proof of
Bernie Madoff
Bernard Lawrence Madoff ( ; April 29, 1938April 14, 2021) was an American fraudster and financier who was the admitted mastermind of the largest Ponzi scheme in history, worth about $64.8 billion. He was at one time chairman of the NASDAQ ...
's
Ponzi scheme
A Ponzi scheme (, ) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are comi ...
, which scammed an estimated $18 billion, or $65 billion including fake returns, from investors. Despite a series of meetings over a number of years, the SEC ignored Markopolos and his associates or only gave the evidence a cursory investigation.
Interviewees
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Harry Markopolos
* Frank Casey
* Neil Chelo
* Michael Ocrant
* Gaytri Kachroo
Reception
On
Metacritic
Metacritic is a website that aggregates reviews of films, TV shows, music albums, video games and formerly, books. For each product, the scores from each review are averaged (a weighted average). Metacritic was created by Jason Dietz, Marc ...
, the film has a weighted average score of 52 out of 100, based on 17 critics, indicating "mixed or average reviews".
Entertainment Weekly
''Entertainment Weekly'' (sometimes abbreviated as ''EW'') is an American digital-only entertainment magazine based in New York City, published by Dotdash Meredith, that covers film, television, music, Broadway theatre, books, and popular cult ...
gave the film a B+ rating.
References
External links
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{{Madoff investment scandal
Films about con artists
Madoff investment scandal
American documentary films
2010 documentary films
2010 films
Documentary films about crime in the United States
Fraud in the United States
2010s English-language films
2010s American films