
Madoff: The Monster of Wall Street is a Netflix true crime miniseries produced by RadicalMedia and Third Eye Motion Picture Company. Directed by Joe Berlinger, it covers the Bernie Madoff scandal.
Wall Street investor Bernie Madoff launched his company Bernard L. Madoff Investment Securities which secured heavy financial returns for any clients who invested with him for over forty years. There was just one problem, it was all a Ponzi scheme. There were never any investments, just a scam. It was one large fraud that was exposed in December 2008 and one that would have ramifications for Wall Street for years.
The four-part documentary does a good job of explaining the history of Bernie starting his company and how it morphed into a Ponzi scheme. You see how he dodged investigations performed by incompetent government officials. He could have been caught in the 90s and even just a few years before he was arrested. That exposure could have protected so many victims, but, as this true crime series notes, that did not happen.
I appreciated how the filmmakers did not try to blame the investors. It was just high rollers who invested with Madoff, but it was retirees, blue-collar workers, and just regular people who were hurt by him. That was a good move on their part and I applaud them. They shined a light on the government failures, how people were hurt, and how a man fooled the world.
Check out the trailer below:
PARENTAL CONCERNS: Some foul language, Thematic elements
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