His sorry tale is worth re-telling, if only to piece together the connective tissue between government, big business and, to a lesser degree, the media institutions that propped up what most insiders knew or suspected was a massive fraud for years before Madoff got his comeuppance.
Director Jeff Prosserman's retelling borders on reprehensible, as he attempts to heighten an already powerful tale with a parade of needless bells and whistles, from flashy camera work to melodramatic reenactments. What a shame, because the story is truly astonishing.
Chasing Madoff is a useful reminder that all is far from well with our financial institutions, which continue to lobby for less regulation rather than more. But the human element of the film is so weirdly distracting it often deflects from its primary target.
Robert AbeleLos Angeles Times
The unintended take-away is that you can grasp why the Securities and Exchange Commission - terribly negligent though it was in investigating Madoff - might dismiss the claims of someone so theatrically odd.
Too bad Prosserman can't trust his material: Overloading the screen with aesthetic dross, the director offers up tiresome symbolic imagery of blood-soaked hands, burning money, and out-of-focus documents. Rather than amping up the intensity, these fast-cut sequences prove disastrously distracting.
Nick SchagerSlant Magazine
The fawning personal-life segments are overdone, and undermine the film's compelling reportage about Madoff's ruse and downfall.