Real-life ‘Wolf of Wall Street’ Jordan Belfort claims HE was scammed by film’s producers and wants $300M
THE REAL-life “Wolf of Wall Street” is suing the production company behind the famed movie about his career of scamming others — claiming HE was actually the one who was scammed.
Jordan Belfort filed the $300 million fraud lawsuit yesterday against Red Granite Pictures Inc. and its CEO, Riza Aziz, the stepson of former Malaysian Prime Minister Najib Razak, for fraud, .
The movie follows Belfort’s life as a notorious stock swindler who squandered profits in a “pump and dump” scheme while indulging in cocaine and prostitutes, among other things, in the 1980s and 90s through his brokerage firm Stratton Oakmont.
The money was allegedly misappropriated from 1MDB and channeled into bank accounts for Red Granite Pictures.
Red Granite has paid the U.S. government $60 million to settle claims it benefited from the 1MDB scandal, and the U.S. returned the money to Malaysia.
An attorney for Red Granite told Variety in a statement Belfort’s lawsuit “is nothing more than a desperate and supremely ironic attempt to get out from under an agreement that for the first time in his life made him rich and famous through lawful and legitimate means.”
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