By Steve Dellar  |  05-17-2018   News
Photo credit: Twitter @AzizAlmugairin

Jordan Belfort, the by now larger than life stockbroker portrayed in the immediate classic ‘Wolf of Wall Street’ is facing fresh court calls as a federal judge claims he will need to testify about his current income, given that Mr. Belfort still owes some $97 million in unpaid restitution.

Brooklyn federal Judge Ann Donnelly stated: “I do want to figure out a way to make a bigger dent in what he owes.”

“It’s not a particularly attractive picture, him taking all this money and claiming he needs it to support his family.”

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Jordan Belfort, the &quot;Wolf of Wall Street,&quot; isn’t just a con, but also a deadbeat, prosecutors say, and they want him to pay up <a href=""></a> <a href=""></a></p>&mdash; Bloomberg (@business) <a href="">May 17, 2018</a></blockquote>

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As many of those who’ve seen the movie know, Mr. Belfort served 22 months in federal prison between the years 2004 and 2006 for securities fraud which totaled some $200 million.

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Judges at the time ordered Mr. Belfort to pay back some $110 million of that money, but according to recent court records, he has made considerable amounts from speeches and book sales between 2013 and 2015 of which he kept some $9 million.

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Jordan Belfort - From &#39;Wolf Of Wall Street&#39; To &#39;Deadbeat On Main Street&#39; <a href=""></a></p>&mdash; zerohedge (@zerohedge) <a href="">May 16, 2018</a></blockquote>

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Ms. Donnelly: “It seems like he has some spare change lying around.”

“He’s going to have to come here so we can get a grip on what’s going on.”

Related coverage:

Mr. Belfort’s lawyer, Ms. Sharon Cohen Levin stated that the former stockbroker is “actually is quite cash-strapped, right now.”


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2 Comment/s

Dawn Ford No. 26320 1526560227

$9,000,000 to take care of your family … what doe they eat? diamonds?

Anonymous No. 26328 1526565795

Guys like that usually have caves around the world filled with money.

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