![]() ![]() Jordan Belfort was born in 1962 to an accountant and a homemaker. In 1999, he pleaded guilty to fraud and money laundering and was sentenced to prison. As founder of the brokerage firm Stratton Oakmont, he was involved in pump-and-dump schemes. Jordan Belfort is an American former stockbroker, motivational speaker, and author of two memoirs, The Wolf of Wall Street and Catching the Wolf of Wall Street. In 2016 media reports indicated that 53 cars parked at various locations. In 2015 Belfort co-founded a marketing company selling seminars in motivational speaking with former business partner Danny Porush called The Motley Foolish. The music video was released worldwide on September 17, 2013. He paid $110,000,000 plus interest toward restitution to the victims of the scams that he perpetrated or was involved in perpetrating while running Stratton Oakmont as part of the agreement under which he pleaded guilty to fraud-related crimes another 150 million dollars are still owed on this debt today however, Belfort’s published accounts state that he has paid back all monies owed as required by law (which is true).īelfort’s memoirs have been adapted into two major motion pictures: The Wolf of Wall Street (2013), directed by Martin Scorsese, starring Leonardo DiCaprio as Jordan Belfort and Boiler Room (2000), directed by Ben Younger, starring Giovanni Ribisi as Seth Davis.Ī feature film based on The Wolf of Wall Street is currently being produced with Paramount Pictures planning on releasing the film sometime around late 2017 or early 2018.īelfort appeared as himself in the music video for “Money Make Her Smile”, a song by Bruno Mars from his second studio album Unorthodox Jukebox (2012). He served 22 months of a four-year prison sentence as part of an agreement under which he gave testimony against numerous partners and subordinates in his fraud scheme. They had two children together: a daughter named Chandler and a son named Carter Belfort.Īfter having been arrested for selling unregistered stocks and participating in a scheme that involved stock manipulation and money laundering, Belfort pled guilty to fraud and related crimes in 1999. Belfort was married to Nadine Caridi from 1991 until their divorce in 2005. They divorced soon after he began work at LF Rothschild. Personal lifeīelfort married his first wife, Denise Lombardo, while still in college. ![]() Not to be deterred by this setback, he soon established Stratton Oakmont as a franchise of Stratton Securities, then later bought out that company’s portion of the firm.Īfter establishing himself as a shrewd and successful entrepreneur with an insatiable appetite for money and adventure-as well as for drugs and other vices-Belfort committed numerous securities frauds through Stratton Oakmont that resulted in his conviction. At this time, however, the stock market crashed and Belfort lost his job. After moving on to another firm, he was earning $100,000 by the time he was 25 years old. ![]() government has now assisted in the recovery of $1.1 billion in embezzled 1MDB assets.Following his graduation, Belfort landed a job at a brokerage firm in the Wall Street area of New York City. The funds will be “used for the benefit of the people of Malaysia after deduction of the government’s associated costs,” according to a stipulation.Īccording to prosecutors, the U.S. The seized assets include the sale proceeds from a Kentucky maintenance company in which Aziz had an interest, according to prosecutors.Īziz does not admit to any wrongdoing under the agreements. He also forfeits any claim to $28 million held in a Huntington National bank account and the “Metropolis” poster. Under the agreements filed in court on Wednesday, Aziz also gives up his claim to three lavish properties: the “Pyramid House” in Beverly Hills, a penthouse duplex in the Park Laurel tower in Manhattan and a London townhouse. Leonardo DiCaprio also returned three artworks - including a Picasso - that had been given to him by figures in the scandal, as well as Marlon Brando’s Oscar statuette. Red Granite Pictures previously agreed in 2018 to pay $60 million in proceeds from its films to resolve asset forfeiture claims brought by U.S. ![]()
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