Wolf of Wall Street

About Wolf of Wall Street

The 2013 film The Wolf of Wall Street depicted the excesses of Jordan Belfort, a penny stock broker who defrauded investors of over 200 million in the 1990s. Belfort used high pressure sales tactics to sell worthless penny stocks. He lived an extreme lifestyle of drugs, yachts, and parties. The film, directed by Martin Scorsese and starring Leonardo DiCaprio, was a box office success. Some criticized the film for glorifying bad behavior. Belfort was convicted of fraud, served 22 months in prison, and was ordered to repay 110 million. He became a motivational speaker. The film highlighted the sleazy world of penny stock promotion and boiler room sales tactics that continue to exploit retail investors.