Masterminds is more of a fictional creation. It might draw inspiration from real events or concepts, but it's not a direct account of a true story. The plot and characters are likely fabricated to engage and entertain the audience.
Authors like Isaac Asimov are masterminds in science fiction. He created a vast universe in his Foundation series with complex ideas about society and prediction. Another is Arthur C. Clarke. His works often involve advanced scientific concepts, such as in '2001: A Space Odyssey'. And then there's H.G. Wells, who was way ahead of his time with works like 'The War of the Worlds' that predicted alien invasions.
I'm not entirely sure which specific 'masterminds' you are referring to. There could be many things named 'masterminds' such as movies, books, or real - life groups. If it's about the movie 'Masterminds', it was based on the true story of the Loomis Fargo bank robbery in 1997.
Definitely not. Masterminds is a made-up story. It doesn't draw from any actual events or people. The plot and characters were invented for entertainment purposes only.