Jordan Belfort has always sought financial independence to simply put it the wealth. So he kept looking for opportunities to earn as much money as possible.
In his early biography, there's a moment when Jordan Belfort dropped out of dental school when his college Dean told him that the golden age of the profession has long passed and no longer had brought quick and easy money.
In pursuit of his goal, Befort becomes a broker and begins a legendary march on Wall Street.
In 1989, he founded the over-the-counter brokerage house called Stratton Oakmont. The brokerage traded cheap shares of little known companies. In fact, Belfort and his team were engaged in a fraud scheme of Pump and Dump, buying garbage shares, manipulating the market to pump up the price and then reselling the shares at a peak price.
It is known that the Stratton Oakmont used whatever means to maximize profits including blocking customer transaction, if it was not profitable for the company.
The FBI launched an investigation in the Stratton Oakmont almost immediately after the company was founded, but this did not prevent Belfort from earning millions of dollars by manipulating the market until 1996. That's when Stratton Oakmont was officially closed by the decision of the US financial authorities.
In two years, Jordan Belfort was charged with securities market fraud and money laundering. He made a deal with the investigation team to uncover similar brokerage companies and in turn he'd get sentenced only to 22 months in prison.
Now, in prison, Jordan gets the idea to write a book and tell the world the story of his life. Then director Martin Scorsese shoots, The Wolf of Wall Street with Leonardo Dicaprio in elite role.
Belfort took an active part in the shooting as a consultant as he puts it. The parties portrayed in the movie were even crazier. Also they had to take out all the information regarding the deals he made with politicians.
Today, the real wolf of Wall Street lives in the United States and earns by sales, coaching businessmen . He is also often invited to financial TV shows as an expert.
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