Markopolos was the whistleblower of the major Madoff Ponzi scheme in 2008. Years before, he had discovered that there was no doubt the numbers Madoff was coming up with were impossible. After endless amounts of work, the SEC did not believe any of the attempts Markopolos made for them to see the fraud.
After the story about Madoff being a fraud broke, guess who made the front page of the Wall Street Journal? Yeah, it took that long. Corruption really gets you. Alas, after working for years, and fearing the bad guys would catch up to him, before the government believed the fraud, Harry Markopolos could breathe again.
Since, Markopolos and his team have come out with a book and a documentary. The independent documentary was entered in film festivals worldwide and eventually had a limited release in the United States. Personally, I thought it was fascinating. It shows the team effort, and the dark times they went through in order to expose this fraud. Most of all, it shows the corruption in government, and in our financial system and how that ultimately came to ruin many investors lives.
Above is the documentary poster, and the trailer can be found here.
So how does this peak my interest? My mother is Markopolos' lawyer. She's the one on the right of Harry in the poster! I've had the privilege of meeting the "Foxhounds", as they call themselves, and appreciate their work from afar. Furthermore, I got to witness the evolution of the documentary. Not only was I there for her interview (which was a whole day affair), but got to see multiple screenings at the International Film Festival in Amsterdam (IDFA), and the release in the Berkshires. Watching my mother work as an associate producer as well as seeing how the film improved from one festival to the next has been an enormous treat.
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