4/10
The schemer
10 October 2012
Warning: Spoilers
Harry Markopolos, the man at the center of this documentary, had no clue into what he was about to embark, when his friend, Frank Casey, asked him to check the numbers in a firm that was the 'star' of the investment world. Mr. Casey's intention was to be able to comprehend the success of a powerful man in New York, one Bernard Madoff. It only took Harry five minutes to realize he was looking at the largest fraud perpetrated in the financial annals of the world.

The documentary "Chasing Madoff"', conceived by its director, Jeff Prosserman, and based on the book written by Mr. Markopolos, while trying to clarify the way Mr. Madoff was able to fool everyone, is a dull piece of movie-making. The style the director uses does not add anything to the story that has been told and retold after the scandal broke in 2008. Mr. Markopolos and the other principals keep repeating themselves while the main villain of the story, Bernard Madoff is only a passing thought.

Harry Markopolos had reasons to believe his life would be in danger. He became paranoid, expecting his death, or the harming to his family. His reports to the SEC went directly to the waste basket, so he should not have worried unnecessarily. The best thing in the documentary is the appearance of Congressman Gary Ackerman questioning the big shots of the SEC, the people who should have detected the fraud and sat idly by.
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