Original Title: The Wizard of Lies
Release Date: May 20, 2017
Creators: Diana Henriques, Sam Levinson, Samuel Baum, John Burnham Schwartz
Directors: Barry Levinson
Runtime: 133 min
The Wizard of Lies is a biographical drama about the main financial fraud of the XXI century from HBO channel.
Bernie Madoff founded his firm on Wall Street shortly after graduating in 1960. The business was so successful that Madoff became one of the most influential financiers, brokers and consultants in the world. For some time He was chairman of the board of directors of NASDAQ. Moreover, his fund was one of the ten largest on Wall Street. He was the head of the corporation until 2008. Then his sons Mark and Andrew, working on him, informed the FBI that his father’s investment fund worked on the Ponzi principle for the last decade and was a total fraud. As a result, the clients of The Wizard of Lies began to withdraw their money, and soon he had nothing to pay. This scandal brought tens of billions of dollars in losses. Bernard pleaded guilty to all counts and got a prison term as long as 150 years for the largest fraud in the history of the United States. His brother, who worked at his firm, was also convicted. The wife of the Wizard of Lies Ruth was forced to give money from her funds, becoming an involuntary partner in the husband’s fraud. The eldest son Mark committed suicide two years after his father’s arrest, and his younger brother died of cancer in a few years.
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Teaser Trailer #1