World War II remains a rich source of inspiration for movies, even seventy years after its end. The clear moral lines between good and evil that the Nazi era puts into relief allow for little wiggle room for postmodern movie makers to blur them. The masterful script and ace directing nevertheless manage to stretch these lines to the uttermost, resulting in a great deal of suspense where the viewer is at times unsure of who is who and who is good or evil.
Based on a good deal of historical truth, Riphagen is presented as a combination suspense and mystery. Andries Riphagen, sometimes called the Dutch Al Capone, was an influential member of the Dutch underworld who collaborated with the German occupiers for his own personal gain. Only the most gullible of viewers will be fooled by the smooth stories he tells desperate Jews as he tries to "help" them park their assets until after the war. Nevertheless, exactly how Riphagen is scamming people and how particular situations turn out remain unclear until the last moment, as he often has to improvise and adjust his plans based on changing circumstances. This keeps the movie suspenseful till the very last minute. Don't be fooled by what seems to be a slowing down of the story in the last third.
Not without minor pacing problems, this movie is nevertheless a major achievement. Despite a ridiculously small budget, it is masterfully executed. The entire movie breathes the 1940s. The acting by Jeroen van Koningsbrugge as Riphagen as well as by the actors in the many indispensable supporting roles are superb. Camera work, lighting and editing haven't succumbed to modern artsy fads but are crisp and effective. Too bad they couldn't get more real German actors to play German soldiers - Richard Gonlag's German (as Willy Lages, head of the regional division of the German secret police SD) in the original Dutch version is very good, but his native Dutch accent is nevertheless unmistakable. Highly recommended.