“The Real Wolf of Wall Strt” features exclusive interviews with insiders who have never previously spoken out about Belfort, plus new footage and 15,000 previously unreleased government documents. It will show how Belfort became the face of 1990s excess before his fraudulent brokerage firm imploded and he was sent to prison. (As of now, Belfort is not involved in the project.) As the head of Stratton Oakmont, Belfort led a stock market scheme that defrauded investors with “pump and dump” penny stock sales. Before it all came crashing down, he was famous for his extreme party lifestyle, which involved copious amounts of drugs, women and yachts. In 1999, after securities regulators had closed in on Stratton Oakmont, Befort pled guilty to securities fraud and money laundering charges. He served 22 months in federal prison and became an FBI informant, giving testimony against several of his co-conspirators. In 2007, he published the memoir “The Wolf of Wall Strt,” which Scorsese adapted into his Oscar-nominated film of the same name.
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