Jordan Belfort
Encyclopedia
Jordan Belfort is an American author, motivational speaker and former white collar criminal who spent 22 months in jail for offences related to stock market manipulation and running a boiler room
.
In the 1990s, he founded brokerage firm Stratton Oakmont
which functioned as a boiler room
, and developed a hard-partying lifestyle, which included a serious drug addiction (namely Quaaludes). The firm also served as inspiration for the film Boiler Room
.
As the owner of Stratton Oakmont, he employed over 1000 stockbrokers and was involved in stock issues totalling more than $1 billion, including an equity raising for footwear company Steve Madden Ltd
.
Belfort was the final owner the 37m yacht the Nadine (renamed after his second wife) originally built for Coco Chanel
which by the time it was sunk had been extended to over 50m. In June 1997, it sank off the east coast of Sardinia
. The Italian Special Forces were called to rescue all aboard the vessel - no one was harmed. In his book, Belfort details how he insisted on sailing out in high winds against the advice of his Captain which eventually caused the ship to sink as result of violent waves smashing the foredeck hatch. Features of the Nadine included a helicopter, 8 jetskis and 4 or 5 tenders.
Alabama Securities Commissioner Joseph Borg
pushed the formation of a multi-state task force which eventually led to the prosecution of Stratton Oakmont after his office was inundated with complaints regarding the brokerage.
Belfort was indicted in 1998 for securities fraud and money laundering. After cooperating with the FBI, he served twenty-two months in federal prison for a pump and dump
scheme, which resulted in investor losses of approximately $200 million.
Belfort was ordered to pay back $100 million that he took from stock brokers.
Reportedly sober for 14 years, Belfort's two bestselling memoirs, The Wolf of Wall Street and Catching the Wolf of Wall Street, have been published in approximately forty countries and translated into eighteen languages.
His life-story is currently being turned into a motion picture by Warner Brothers, with Leonardo Dicaprio set to star and Martin Scorsese set to direct. Filming is set to begin in mid-2011.
He has toured internationally as a motivational speaker, discussing how to achieve success without sacrificing integrity and ethics. Belfort currently resides in Los Angeles
.
Jordan Belfort (born July 9, 1962) is an American author, motivational speaker and former white collar criminal who spent 22 months in jail for offences related to stock market manipulation and running a boiler room
.
In the 1990s, he founded brokerage firm Stratton Oakmont
which functioned as a boiler room
, and developed a hard-partying lifestyle, which included a serious drug addiction (namely Quaaludes).Who's Jordan Belfort? I'll Tell You Exactly Who He Is The firm also served as inspiration for the film Boiler Room
.Random House
As the owner of Stratton Oakmont, he employed over 1000 stockbrokers and was involved in stock issues totalling more than $1 billion, including an equity raising for footwear company Steve Madden Ltd
.
Belfort was the final owner the 37m yacht the Nadine (renamed after his second wife) originally built for Coco Chanel
which by the time it was sunk had been extended to over 50m. In June 1997, it sank off the east coast of Sardinia
. The Italian Special Forces were called to rescue all aboard the vessel - no one was harmed. In his book, Belfort details how he insisted on sailing out in high winds against the advice of his Captain which eventually caused the ship to sink as result of violent waves smashing the foredeck hatch. Features of the Nadine included a helicopter, 8 jetskis and 4 or 5 tenders.
Alabama Securities Commissioner Joseph Borg
pushed the formation of a multi-state task force which eventually led to the prosecution of Stratton Oakmont after his office was inundated with complaints regarding the brokerage.
Belfort was indicted in 1998 for securities fraud and money laundering. After cooperating with the FBI, he served twenty-two months in federal prison for a pump and dump
scheme, which resulted in investor losses of approximately $200 million.
Belfort was ordered to pay back $100 million that he took from stock brokers.Jordan Belfort - Interview from Sunday Profile - (ABC)
Reportedly sober for 14 years, Belfort's two bestselling memoirs, The Wolf of Wall Street and Catching the Wolf of Wall Street, have been published in approximately forty countries and translated into eighteen languages.
His life-story is currently being turned into a motion picture by Warner Brothers, with Leonardo Dicaprio set to star and Martin Scorsese set to direct. Filming is set to begin in mid-2011.http://nymag.com/daily/entertainment/2011/02/scorsese_dicaprio.html
He has toured internationally as a motivational speaker, discussing how to achieve success without sacrificing integrity and ethics. Belfort currently resides in Los Angeles
.
Jordan Belfort (born July 9, 1962) is an American author, motivational speaker and former white collar criminal who spent 22 months in jail for offences related to stock market manipulation and running a boiler room
.
In the 1990s, he founded brokerage firm Stratton Oakmont
which functioned as a boiler room
, and developed a hard-partying lifestyle, which included a serious drug addiction (namely Quaaludes).Who's Jordan Belfort? I'll Tell You Exactly Who He Is The firm also served as inspiration for the film Boiler Room
.Random House
As the owner of Stratton Oakmont, he employed over 1000 stockbrokers and was involved in stock issues totalling more than $1 billion, including an equity raising for footwear company Steve Madden Ltd
.
Belfort was the final owner the 37m yacht the Nadine (renamed after his second wife) originally built for Coco Chanel
which by the time it was sunk had been extended to over 50m. In June 1997, it sank off the east coast of Sardinia
. The Italian Special Forces were called to rescue all aboard the vessel - no one was harmed. In his book, Belfort details how he insisted on sailing out in high winds against the advice of his Captain which eventually caused the ship to sink as result of violent waves smashing the foredeck hatch. Features of the Nadine included a helicopter, 8 jetskis and 4 or 5 tenders.
Alabama Securities Commissioner Joseph Borg
pushed the formation of a multi-state task force which eventually led to the prosecution of Stratton Oakmont after his office was inundated with complaints regarding the brokerage.
Belfort was indicted in 1998 for securities fraud and money laundering. After cooperating with the FBI, he served twenty-two months in federal prison for a pump and dump
scheme, which resulted in investor losses of approximately $200 million.
Belfort was ordered to pay back $100 million that he took from stock brokers.Jordan Belfort - Interview from Sunday Profile - (ABC)
Reportedly sober for 14 years, Belfort's two bestselling memoirs, The Wolf of Wall Street and Catching the Wolf of Wall Street, have been published in approximately forty countries and translated into eighteen languages.
His life-story is currently being turned into a motion picture by Warner Brothers, with Leonardo Dicaprio set to star and Martin Scorsese set to direct. Filming is set to begin in mid-2011.http://nymag.com/daily/entertainment/2011/02/scorsese_dicaprio.html
He has toured internationally as a motivational speaker, discussing how to achieve success without sacrificing integrity and ethics. Belfort currently resides in Los Angeles
.
Boiler room (business)
In business, the term boiler room refers to a busy centre of activity, often selling questionable goods by telephone. It typically refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stock or committing outright stock fraud...
.
In the 1990s, he founded brokerage firm Stratton Oakmont
Stratton Oakmont
Stratton Oakmont was a Long Island, New York, "pump and dump" boiler room brokerage house founded by Jordan Belfort, Danny Porush, COO Steven Carter and CFO Kenny Greene that was shut down in the late 1990s. Jordan Belfort wrote a book about it entitled The Wolf of Wall Street...
which functioned as a boiler room
Boiler room (business)
In business, the term boiler room refers to a busy centre of activity, often selling questionable goods by telephone. It typically refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stock or committing outright stock fraud...
, and developed a hard-partying lifestyle, which included a serious drug addiction (namely Quaaludes). The firm also served as inspiration for the film Boiler Room
Boiler Room (film)
Boiler Room is a 2000 American drama film written and directed by Ben Younger, and starring Giovanni Ribisi, Vin Diesel, Nia Long, Ben Affleck, Nicky Katt, Scott Caan, Tom Everett Scott, Ron Rifkin and Jamie Kennedy....
.
As the owner of Stratton Oakmont, he employed over 1000 stockbrokers and was involved in stock issues totalling more than $1 billion, including an equity raising for footwear company Steve Madden Ltd
Steve Madden
Steve Madden is the founder and former CEO of Steve Madden Ltd., a footwear company.Born in Far Rockaway, Queens, Madden grew up in adjoining Lawrence in Nassau County, New York....
.
Belfort was the final owner the 37m yacht the Nadine (renamed after his second wife) originally built for Coco Chanel
Coco Chanel
Gabrielle Bonheur "Coco" Chanel was a pioneering French fashion designer whose modernist thought, menswear-inspired fashions, and pursuit of expensive simplicity made her an important figure in 20th-century fashion. She was the founder of one of the most famous fashion brands, Chanel...
which by the time it was sunk had been extended to over 50m. In June 1997, it sank off the east coast of Sardinia
Sardinia
Sardinia is the second-largest island in the Mediterranean Sea . It is an autonomous region of Italy, and the nearest land masses are the French island of Corsica, the Italian Peninsula, Sicily, Tunisia and the Spanish Balearic Islands.The name Sardinia is from the pre-Roman noun *sard[],...
. The Italian Special Forces were called to rescue all aboard the vessel - no one was harmed. In his book, Belfort details how he insisted on sailing out in high winds against the advice of his Captain which eventually caused the ship to sink as result of violent waves smashing the foredeck hatch. Features of the Nadine included a helicopter, 8 jetskis and 4 or 5 tenders.
Alabama Securities Commissioner Joseph Borg
Joseph Borg (regulator)
Joseph P. Borg is an American financial regulator who has served as the Securities Commissioner of Alabama since 1994. In this position, he is responsible for prosecuting financial crimes which affect Alabama residents. He has also served as the president of the North American Securities...
pushed the formation of a multi-state task force which eventually led to the prosecution of Stratton Oakmont after his office was inundated with complaints regarding the brokerage.
Belfort was indicted in 1998 for securities fraud and money laundering. After cooperating with the FBI, he served twenty-two months in federal prison for a pump and dump
Pump and dump
"Pump and dump" is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price....
scheme, which resulted in investor losses of approximately $200 million.
Belfort was ordered to pay back $100 million that he took from stock brokers.
Reportedly sober for 14 years, Belfort's two bestselling memoirs, The Wolf of Wall Street and Catching the Wolf of Wall Street, have been published in approximately forty countries and translated into eighteen languages.
His life-story is currently being turned into a motion picture by Warner Brothers, with Leonardo Dicaprio set to star and Martin Scorsese set to direct. Filming is set to begin in mid-2011.
He has toured internationally as a motivational speaker, discussing how to achieve success without sacrificing integrity and ethics. Belfort currently resides in Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
.
Jordan Belfort (born July 9, 1962) is an American author, motivational speaker and former white collar criminal who spent 22 months in jail for offences related to stock market manipulation and running a boiler room
Boiler room (business)
In business, the term boiler room refers to a busy centre of activity, often selling questionable goods by telephone. It typically refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stock or committing outright stock fraud...
.
In the 1990s, he founded brokerage firm Stratton Oakmont
Stratton Oakmont
Stratton Oakmont was a Long Island, New York, "pump and dump" boiler room brokerage house founded by Jordan Belfort, Danny Porush, COO Steven Carter and CFO Kenny Greene that was shut down in the late 1990s. Jordan Belfort wrote a book about it entitled The Wolf of Wall Street...
which functioned as a boiler room
Boiler room (business)
In business, the term boiler room refers to a busy centre of activity, often selling questionable goods by telephone. It typically refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stock or committing outright stock fraud...
, and developed a hard-partying lifestyle, which included a serious drug addiction (namely Quaaludes).Who's Jordan Belfort? I'll Tell You Exactly Who He Is The firm also served as inspiration for the film Boiler Room
Boiler Room (film)
Boiler Room is a 2000 American drama film written and directed by Ben Younger, and starring Giovanni Ribisi, Vin Diesel, Nia Long, Ben Affleck, Nicky Katt, Scott Caan, Tom Everett Scott, Ron Rifkin and Jamie Kennedy....
.Random House
As the owner of Stratton Oakmont, he employed over 1000 stockbrokers and was involved in stock issues totalling more than $1 billion, including an equity raising for footwear company Steve Madden Ltd
Steve Madden
Steve Madden is the founder and former CEO of Steve Madden Ltd., a footwear company.Born in Far Rockaway, Queens, Madden grew up in adjoining Lawrence in Nassau County, New York....
.
Belfort was the final owner the 37m yacht the Nadine (renamed after his second wife) originally built for Coco Chanel
Coco Chanel
Gabrielle Bonheur "Coco" Chanel was a pioneering French fashion designer whose modernist thought, menswear-inspired fashions, and pursuit of expensive simplicity made her an important figure in 20th-century fashion. She was the founder of one of the most famous fashion brands, Chanel...
which by the time it was sunk had been extended to over 50m. In June 1997, it sank off the east coast of Sardinia
Sardinia
Sardinia is the second-largest island in the Mediterranean Sea . It is an autonomous region of Italy, and the nearest land masses are the French island of Corsica, the Italian Peninsula, Sicily, Tunisia and the Spanish Balearic Islands.The name Sardinia is from the pre-Roman noun *sard[],...
. The Italian Special Forces were called to rescue all aboard the vessel - no one was harmed. In his book, Belfort details how he insisted on sailing out in high winds against the advice of his Captain which eventually caused the ship to sink as result of violent waves smashing the foredeck hatch. Features of the Nadine included a helicopter, 8 jetskis and 4 or 5 tenders.
Alabama Securities Commissioner Joseph Borg
Joseph Borg (regulator)
Joseph P. Borg is an American financial regulator who has served as the Securities Commissioner of Alabama since 1994. In this position, he is responsible for prosecuting financial crimes which affect Alabama residents. He has also served as the president of the North American Securities...
pushed the formation of a multi-state task force which eventually led to the prosecution of Stratton Oakmont after his office was inundated with complaints regarding the brokerage.
Belfort was indicted in 1998 for securities fraud and money laundering. After cooperating with the FBI, he served twenty-two months in federal prison for a pump and dump
Pump and dump
"Pump and dump" is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price....
scheme, which resulted in investor losses of approximately $200 million.
Belfort was ordered to pay back $100 million that he took from stock brokers.Jordan Belfort - Interview from Sunday Profile - (ABC)
Reportedly sober for 14 years, Belfort's two bestselling memoirs, The Wolf of Wall Street and Catching the Wolf of Wall Street, have been published in approximately forty countries and translated into eighteen languages.
His life-story is currently being turned into a motion picture by Warner Brothers, with Leonardo Dicaprio set to star and Martin Scorsese set to direct. Filming is set to begin in mid-2011.http://nymag.com/daily/entertainment/2011/02/scorsese_dicaprio.html
He has toured internationally as a motivational speaker, discussing how to achieve success without sacrificing integrity and ethics. Belfort currently resides in Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
.
Jordan Belfort (born July 9, 1962) is an American author, motivational speaker and former white collar criminal who spent 22 months in jail for offences related to stock market manipulation and running a boiler room
Boiler room (business)
In business, the term boiler room refers to a busy centre of activity, often selling questionable goods by telephone. It typically refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stock or committing outright stock fraud...
.
In the 1990s, he founded brokerage firm Stratton Oakmont
Stratton Oakmont
Stratton Oakmont was a Long Island, New York, "pump and dump" boiler room brokerage house founded by Jordan Belfort, Danny Porush, COO Steven Carter and CFO Kenny Greene that was shut down in the late 1990s. Jordan Belfort wrote a book about it entitled The Wolf of Wall Street...
which functioned as a boiler room
Boiler room (business)
In business, the term boiler room refers to a busy centre of activity, often selling questionable goods by telephone. It typically refers to a room where salesmen work using unfair, dishonest sales tactics, sometimes selling penny stock or committing outright stock fraud...
, and developed a hard-partying lifestyle, which included a serious drug addiction (namely Quaaludes).Who's Jordan Belfort? I'll Tell You Exactly Who He Is The firm also served as inspiration for the film Boiler Room
Boiler Room (film)
Boiler Room is a 2000 American drama film written and directed by Ben Younger, and starring Giovanni Ribisi, Vin Diesel, Nia Long, Ben Affleck, Nicky Katt, Scott Caan, Tom Everett Scott, Ron Rifkin and Jamie Kennedy....
.Random House
As the owner of Stratton Oakmont, he employed over 1000 stockbrokers and was involved in stock issues totalling more than $1 billion, including an equity raising for footwear company Steve Madden Ltd
Steve Madden
Steve Madden is the founder and former CEO of Steve Madden Ltd., a footwear company.Born in Far Rockaway, Queens, Madden grew up in adjoining Lawrence in Nassau County, New York....
.
Belfort was the final owner the 37m yacht the Nadine (renamed after his second wife) originally built for Coco Chanel
Coco Chanel
Gabrielle Bonheur "Coco" Chanel was a pioneering French fashion designer whose modernist thought, menswear-inspired fashions, and pursuit of expensive simplicity made her an important figure in 20th-century fashion. She was the founder of one of the most famous fashion brands, Chanel...
which by the time it was sunk had been extended to over 50m. In June 1997, it sank off the east coast of Sardinia
Sardinia
Sardinia is the second-largest island in the Mediterranean Sea . It is an autonomous region of Italy, and the nearest land masses are the French island of Corsica, the Italian Peninsula, Sicily, Tunisia and the Spanish Balearic Islands.The name Sardinia is from the pre-Roman noun *sard[],...
. The Italian Special Forces were called to rescue all aboard the vessel - no one was harmed. In his book, Belfort details how he insisted on sailing out in high winds against the advice of his Captain which eventually caused the ship to sink as result of violent waves smashing the foredeck hatch. Features of the Nadine included a helicopter, 8 jetskis and 4 or 5 tenders.
Alabama Securities Commissioner Joseph Borg
Joseph Borg (regulator)
Joseph P. Borg is an American financial regulator who has served as the Securities Commissioner of Alabama since 1994. In this position, he is responsible for prosecuting financial crimes which affect Alabama residents. He has also served as the president of the North American Securities...
pushed the formation of a multi-state task force which eventually led to the prosecution of Stratton Oakmont after his office was inundated with complaints regarding the brokerage.
Belfort was indicted in 1998 for securities fraud and money laundering. After cooperating with the FBI, he served twenty-two months in federal prison for a pump and dump
Pump and dump
"Pump and dump" is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price....
scheme, which resulted in investor losses of approximately $200 million.
Belfort was ordered to pay back $100 million that he took from stock brokers.Jordan Belfort - Interview from Sunday Profile - (ABC)
Reportedly sober for 14 years, Belfort's two bestselling memoirs, The Wolf of Wall Street and Catching the Wolf of Wall Street, have been published in approximately forty countries and translated into eighteen languages.
His life-story is currently being turned into a motion picture by Warner Brothers, with Leonardo Dicaprio set to star and Martin Scorsese set to direct. Filming is set to begin in mid-2011.http://nymag.com/daily/entertainment/2011/02/scorsese_dicaprio.html
He has toured internationally as a motivational speaker, discussing how to achieve success without sacrificing integrity and ethics. Belfort currently resides in Los Angeles
Los Ángeles
Los Ángeles is the capital of the province of Biobío, in the commune of the same name, in Region VIII , in the center-south of Chile. It is located between the Laja and Biobío rivers. The population is 123,445 inhabitants...
.