Fact or Fiction?
Jordan Ross Belfort[5] (/'b?lf??rt/; born July 9, 1962) is an American motivational speaker and former stockbroker. He was convicted of fraud crimes related to stock market manipulation and running a penny stock boiler room, for which he spent 22 months in prison.[6] He recounted his life in his memoir, The Wolf of Wall Street.
Belfort started his career as a broker at L.F. Rothschild. In the 1990s, he founded the brokerage firm Stratton Oakmont which functioned as a boiler room marketing penny stocks, where he defrauded investors with fraudulent stock sales. Stratton Oakmont employed over 1,000 stock brokers and was involved in stock issues totaling more than $1 billion.
Belfort was indicted in 1998 for securities fraud and money laundering. After cooperating with the FBI, he served 22 months in federal prison for a pump and dump scheme, which resulted in investor losses of approximately $200 million.
http://en.wikipedia.org/wiki/Jordan_Belfort
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17 | 38124 | 6.390 |
18 | 27551 | 6.380 |
Price($) | Vol. | No. |
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