Jordan Ross Belfort, an American businessman, author, speaker, and former stockbroker, was born on July 9, 1962.
He entered a guilty plea to fraud and associated charges in 1999 in connection with manipulating the stock market and operating a boiler room as part of a penny stock scheme.
Who was the FBI agent that took Jordan Belfort down?
FBI agent Gregory Coleman.
As part of an arrangement, Belfort served 22 months in jail in exchange for providing testimony against several associates and employees who participated in his fraud operation. He wrote the biography The Wolf of Wall Street in 2007, and Leonardo DiCaprio portrayed him in Martin Scorsese’s 2013 film adaptation of the same name.
On Long Island, New York, Belfort started a door-to-door meat and fish business. According to interviews and his memoirs, the company was initially successful; he expanded it to include many employees and sell 5,000 pounds (2,300 kg) of beef and fish each week. The company finally failed, and at the age of 25, he declared bankruptcy.
According to his memoirs and interviews, a family acquaintance assisted him in landing a position at L.F. Rothschild as a trainee stockbroker. Belfort claims he was fired when the company encountered financial issues as a result of the 1987 Black Monday stock market crisis.
