Jordan Belfort is an American entrepreneur, speaker, author, former stockbroker, and financial criminal born in The Bronx, New York, United States. He happens to be one of the two sons of Max and his wife, Leah Belfort.
He is best known for being the former stockbroker who pleaded guilty in 1999 to fraud and related crimes in connection with stock-market manipulation and running a boiler room as part of a penny-stock scam.
In this article, we will dive into his arrest and charges of which he pleaded guilty to know his sentence. continue reading to find out.
What did Jordan Belfort get sentenced?
Jordan, in 1999 was all over the news after he was arrested and charged with fraud and related crimes in connection with stock-market manipulation and running a boiler room as part of a penny-stock scam.
He pleaded guilty to his charges. He was sentenced to four years in prison and ultimately served 22 months in prison. According to the information gathered, he is said to have fraud his investors as much as $200 million.
