''Chasing Madoff'' is a 2010 documentary film written and directed by Jeff Prosserman. The film is based on the book by

Harry Markopolos Harry M. Markopolos (born October 22, 1956) is an American forensic accounting and financial fraud investigator and former securities industry executive best known for discovering Bernie Madoff's Ponzi scheme in the early to mid-2000s. From 1 ...

. 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 The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market m ...

(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 financial criminal and financier who was the admitted mastermind of the largest known Ponzi scheme in history, worth an estimated $65 billion. He was at one time ...

Ponzi scheme A Ponzi scheme (, ) is a form of fraud that lures investors and pays Profit (accounting), profits to earlier investors with Funding, funds from more recent investors. Named after Italians, Italian confidence artist Charles Ponzi, this type of s ...

, 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

* Frank Casey * Neil Chelo * Michael Ocrant * Gaytri Kachroo

Reception

Metacritic Metacritic is an American website that aggregates reviews of films, television shows, music albums, video games, and formerly books. For each product, the scores from each review are averaged (a weighted average). Metacritic was created ...

, 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 online magazine, digital-only entertainment magazine based in New York City, published by Dotdash Meredith, that covers film, television, music, Broadway theatre, books, ...

gave the film a B+ rating.

References

External links

* * {{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 English-language documentary films