I've reviewed several docu-dramas on the Dark Stories Blog including The Social Dilemma (2020), American Animals (2018), Three Identical Strangers (2018). Each offers that delivers that blend of suspense and revulsion at the moral blindness of the characters that is typical of film noir and related genres.
In each of these films, knowing the events actually happened only intensifies the effect. These films are not just "based on a true story," nor are they "inspired by actual events." Everything in the film is fact. Netflix's new, excellent Operation Varsity Blues takes this one step further: the dialogue spoken by actors to dramatize these events is taken verbatim from FBI wiretaps.
Even if you followed news reports of "the College Admissions Scandal" as it unfolded in 2019, this film is worth watching. Especially if you are a student of confidence games (The Big Con by David W. Maurer, The Confidence Game by Maria Konnikova, The Talented Mr. Ripley by Patricia Highsmith), this portrait of Rick Singer (played by Matthew Modine) is compelling and enlightening.
He told wealthy people he could guarantee their children admission to schools like Stanford and University of Southern California for a price. He made no secret of how he would do it: bribery and manipulation of scores on entrance exams. Some of them asked if there was any way this could "come back to bite me." All of them paid, and he delivered. Until he got caught. Then, as they say in the old gangster films, "he sang like a canary."