Madoff: The Monster of Wall Street
It follows the rise and fall of the American financier and ponzi schemer: Madoff.
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"What is not excellent and what was used to really sell this documentary as new info, is the salacious and absolutely unproven allegation that Madoff was using organized crime and drug cartel money. The only evidence of this they offer is that Madoff parked money in the Cayman Islands, which even the documentary admitted, so do millions of legitimate investors. The evidence against him using funds from criminal enterprises, however, is overwhelming and ignored. If he were using such funds he would never have had the cash shortfalls he experienced. OG and drug cartel monies are not subject to th..."
💡 Did You Know?
The French aristocrat Thierry Magon de La Villehuchet committed suicide after losing an estimated $1.4 billion of his and other aristocrat's family fortunes in Madoff's scheme. This was the second time the very wealthy "famille Magon" lost a large part of its fortune. In July 1794, banker Jean-Baptiste Magon de La Balue and 18 other members of the family were guillotined in Paris and a large part of their castles and fortunes confiscated. This happened one year after the decapitation of King Louis 16 and his wife Marie-Antoinette, and ironically, only 9 days before the decapitation of the revolutionary leader Maximilien de Robespierre.
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📖 Synopsis
It follows the rise and fall of the American financier and ponzi schemer: Madoff.