His story became the focus of the Oscar nominated and Golden Globe winning film The Wolf Of Wall Street, but after a brief set-back, Jordan Belfort is back living the high life.
The man, whose nickname became the title of the film, still owes millions (an estimated $100m) to the people he cheated, yet claims he's nothing like the character played by Leonardo DiCaprio.
That's interesting, considering this post on his Facebook page...
After claiming that he had paid back the people he owed, many say they've received nothing. All while he lives it up, according to an investigation by Inside Edition.
Belfort said he'd pay back more than 1,500 victims, but instead is enjoying trips to Vatican.
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Credit: Facebook/Jordan Belfort
He became rich after encouraging clients to buy penny stocks based on misleading or exaggerated statements. For doing so, he received a 22-month prison sentence after pleading guilty in the 1990s.
He turned his crimes into a memoir which later got turned into the blockbuster.
The (very breif) Wolf Of Wall Street Story
- In 1987 Belfort began working for LF Rothschild, and was introduced to the sex and drugs-fuelled stockbroker culture.
- He's fired and starts work for a bottom-end brokerage firm who specialised in penny stocks. His aggressive pitching style and high commissions made him a small fortune.
- He starts his own company, it becomes success, but suspicious activity leads him straight into the path of the FBI.
- After much investigation, Belfort is caught.
- After prison, Belfort makes a living hosting seminars on sales technique
"I'm actually doing a US tour that I announced and I'm giving a hundred per cent of the profits to pay back the victims," he told Inside Editions chief investigative correspondent Lisa Guerrero.
Credit: Facebook/Jordan Belfort
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But that was back in 2014, he's still doing world tours now, and living his life to the max - all while reportedly owing the same amount of money.
He allegedlyowns large mansions - including one that is up for sale at $16m - private jets, and funds high class holidays to the Vatican and skiing destinations.
One victim, retired dentist Alfred Vitt, claims Belfort still owes him more than $200,000.
"I want to vomit when I look at these pictures," said Vitt whilst being shown the photos of Belfort's lavish lifestyle.
"He's a liar and damn crook."
The US Attorney's Office, which overseas Belfort's restitution, has made no comment.
At his current rate of paying between $4,000 and $5,000 per month to victims, it would take him 1,600 years to pay back all his victims.
Featured Image Credit: Instagram/Jordan BelfortTopics: Leonardo DiCaprio