Worth millions by the age of 27, Jordan Belfort inspired the true story behind "Wolf of Wall Street". This charismatic salesman plead guilty to fraud and related crimes in connection with stock-market manipulation and running a boiler room as part of a penny-stock scam.
Directors: Adeline Dessons
Series : Criminal 2.0 - White Collar Gangsters
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His concept is still very much alive. Every days there’s people calling me trying to sell bogus services, some penny stock or crypto.
@@Didem888 how do you know they use burner phones
He made 1 million a month & was fined 2 million by the SEC. No wonder he thought he was invincible with that kind of 'punishment'.
" .... 90's when money was king ..." When was money not king? 🤔
its always been power. ask genghis khan.
50’s
@@supriseimblack Really ...?
Before the 1930's
I get so tired of the glamorizing of cheats, scoundrels and charlatans. It’s all rather sickening how little this guy suffered for his crimes.
Well said. I can appreciate that perspective. What does such glamorization say about those place those of such low character upon such high pedestals? It's a self projection of sorts more often than not.
There will be a day of reckoning no man or woman can escape. There is only one advocate who can guarantee freedom if truly repentant. He paid the debts fully of the repentant and faithful heart. The rest believe they owe nothing and remorse is worthless. Eternity awaits both.
He served the jail sentence that was given to him, and was ordered to pay back victims. If society chooses to glamorize him after the fact, that's not really his fault.
@@user-s4k9s399because he ratted out people who helped him
@@justinchamberlain3443who knows. You might do the same if you had the opportunity
Given half a chance this guy would still rip off anybody unlucky enough to encounter him
He still does.
Yes he does! People need to stop giving money to these scumbags!! According to google, he still owes the people he defrauded $100 million which he hid in offshore accounts! He defrauded his own American people while others put their lives on the line in the army to keep America safe from enemies! He’s a wolf in sheep’s clothing!
@@Didem888 you focus on fraudsters like these but ignore the ones who are more sophisticated and protected by the establishment
I didn’t realise the character was to be seen as Heroic !
Calling him the Wolf of Wall street, is like saying a minnow stared in Jaws. He was just that, a minnow on Wall street. The real wolves are still RUNNING Wall Street, not just participating. They have since the 1700's.
Jeff gets it.
@@clicheguevara5282 It's almost amazing how many don't, Almost. All done right in the open.
Very fair point.
The real wolves own politics....why we'll never get donor transparency.
Great point.
Why do they keep saying he had a modest upbringing? Both is parents were accountants and he grew up in the most expensive city. Upper middle class would have been more accurate.
Right??? He grew up learning about money.
They lived in the Bronx lol 😂
@@craigdutton6072 They MOVED from the Bronx to Bayside.
Bronx
They weren't millionaires. I know accounts that make $50k maybe...and CPAs that make $100k or so...but that isn't rich.
Learn to control your emotions and money, don't let money control you so your wisdom doesn't look foolish. Manage your gifts and don't be in any hostile competition with anyone.
Whenever I hear the SEC called "the watchdog", I laugh almost as hard as Bernie Madoff did.
Who watches "the watchdog"?
@@coogeetech3110 Excellent point.
Big bad Gary G.
What a creep he should be in jail.. Fleecing the elderly .
Is it really any less evil to fleece younger people who are saving money for their families? Of course not Most older people will at least have Social Security. But a working family has nothing if they get scammed.
Without greed, he could never "Fleece" anyone. I never feel sorry for anyone that loses in stocks. The Stock Market is a Tool of Lucifer. Did you notice the Address on the building of LF Rothschild? Rothschild used the stock market the last day of the French Napoleon war to cash out high, crash the market, buy it back for pennies, and as the saying is, "Bought England overnight". It is the Rothschild's, Morgan's, Rockefeller, Warburgs that OWN America, and Citizens of it. They own the Federal Reserve, The Central Bank, the IRS, and countless corporations, the media. They use these to control and manipulate people. They created the Democrat party for that purpose. What this guy did, isn't a peanut in a tornado.
Those are special people and they never go to jail
He was in jail.
@@elizabethsohler6516Of course this crime is more devastating to the elderly, for several reasons. Older folks are often not of sound mind in later years, and taking advantage of this vulnerability is about as cruel as it gets. Older folks typically have a lifetime of savings, as opposed to more moderate savings of a younger person, therefore the dollar loss is greater for the elderly. Most importantly, the elderly have far less time left in their lives to go back to work to recover from such a loss, and they are often not even ABLE to work, due to health issues. A loss later in life can pose a desperate situation for the elderly. In fact, Bernie Madoff's elderly sister was so desperate after her brother lost all of her money, she shot her husband and then committed suicide because they no longer had the funds necessary to sustain their lives. Social security...is a joke. Regarding the level of "evilness"...I have no doubt older people suffer more from a crime like this.
What I notice about these greedy people is that they waste money. Never using it for anything of substance.
Yes ...seems like a pretty empty life
so true..I don't get it
Agreed💚💚💚
Waste money? Nah, to each his own. Perhaps the way you spend money is a waste vs. how I spend it. Welcome to the real world.
Agreed! Bcause should they use it for something of substance, it would not be waste... SAD!
He bankrupted thousands of small investors,mostly elderly people
They deserved it. Trying to make dishonest money.
@@wolfthequarrelsome504 True. Both parties were wrong. As they say, "a fool and his money are soon parted".
@@wolfthequarrelsome504 ?????? 🤷♂️🤷♂️🤷♂️🤷♂️🤷♂️ What are you on about? Shut the F UP! 🖕😄 Please, explain that one to me, because I don't understand how an old person, that has been working their entire life to make a decent amount of money, is guilty of wanting to use their savings to make more money through investments(the legal ones).
@wolfthequarrelsome504 That's a bunch of BS.
And a black man is serving 20 years in prison without parole for selling weed. Make that makes sense.
Because he’s black. What else needs to be explained
We got a different set of rules bro!
Always making shit about race
Oh, here we go with this tired old BS!
Boo hoo. Maybe you should start a pump and dump instead of selling weed.
After getting out of jail he was put on the international speaking Circuit earning millions of dollars a year going around the world telling people how to succeed. Who said crime doesn't pay?
He also will owe hundreds of millions of dollars to thousands of people and he will take that to his grave. He lived the American Dream for a small portion of his life, has no one that loves him, kids that hate him. So yeah crime does pay but not in the end when you’re lonely and by yourself on your deathbed.
“Greed is good, pal.”
@@ewjimlhes worth 100 mill atleast today lol has his own podcast, turning his story into a movie and broadway show that he gets royalties from…….he’s doing this pretty damn good. As far as wife and kids hating he can get another wife make more kids, age doesn’t matter for men.
Lousy 4 years to serve only 22 months😳 Who is worse: the guy or the system? I’ve seen people do less than him get tougher sentences
The fucking sistem
This sounds an awful lot like glorification of despicable people behaving despicably, and bankrupting people like my uncle, who lost his family and disappeared into alcoholism for a couple decades, only to die a few years after turning up. "I didn't trust him, but he was fun to party with." Brilliant.
Well nobody took the money away from him. He gave it to them. Its his own fault.
And?
Yea we tend to glorify this kind of heinousness. No telling how many peoples retirement he stole that we'll never know about. It's the saddest part, many old folks aren't able to go back to work. Their screwed.
@@Kocicka11042 Risk takers aren't brave; they just don't know how to properly evaluate risk and take proper action based on due diligence. The first rule of investing is to never invest money you can't lose. Too many people in too many situations say, "It should be OK" or "I have a hunch" and go where angels dare tread and get burned.
@@tomsanders5584 Well said.
I will be an average working class man working till i cannot get up in the morning because its what i been doing since the age of 14yrs old. I sleep well at night and do not owe anything to anyone other then the bank. How this conman can steal from folks and ruin the future planned by parents to kids is beyond me. I would be afraid to show my face in public if i was him.
He's disgusting.
Seared heart! No conscious!
It is possible he is a psychopath, so it would be impossible for him to feel shame or remorse for what he did. But I don’t know really, it’s just a possibility.
Me to brother,work hard sleep like a baby
But how well does a judge who allowed him to keep the proceeds of his crimes sleep? The judge is as guilty as this criminal. And you and I will work till we drop because the system protects and rewards criminality on a big scale.
Of course, Brett knew. No one will be charged because they're afraid of who they'll take down with them.
Didn't he know you can't get away from The taxman 😂
when you steal from common people the authorities will always look the other way, when you cross the line and steal from the rich you go to jail, belfort learned that lesson the hard way.
ill keep that in mind.
Couldn’t of said that better
Good Evening Patrick.....Thanks James
Temptation: I'll give you safety, greed, or pleasure until you're addicted
This is what makes America great
This is the real life Boiler Room film!
Yeah, that film was also about Belford but changed a lot of details and names so they didn't have to pay anyone royalties.
@@joelwillems4081 Especially with changing the name of the character played by Jonah Hill. Also, the movie did dial back a bit the absolute craziness of the world of Stratton Oakmont and Belfort's home life.
His "Roots" explains a lot. Look behind all the evil money, you'll find those same roots more often than not.
Absolutely Every single time
He embodied lust, avarice, greed you name it and by the sounds of it still does. Imagine living the rest of your life knowing you've stolen the life savingt of hundreds maybe thousands who commited the outrageous act of trusting you?
Oh shut up...
Yeah what a Fckn Legend HuH
Stole from the rich , GOOD MAN WE NEED HIM TODAY
His 'company' was not even legitimate. It was all a boiler room scam.
Better than the Washington politicians who steal the future of everyone.
0.43 Gosh, if sharks could smile, it definetely would look something like this...
He didn't do anything different than the governments around the world. If he was in politics, he'd still be going strong and people would be praising him
Sooo two wrongs make a right to you. Got it.
He’s a liar and a cheat. He does not deserve sympathy.
@@DJM.I.A.?
I 100% agree with you. funny thing is he didnt even have to be a politician...if he had focused on making healthy donations to the right people we more than likely would not even know who was.
as a lobbyist at least
And this is the only time the SEC has ever done their jobs. Comatose during Madoff
Preach!!
@@miguelpotter3316 His sentence was not upheld. Repayment was never enforced and Jordan still makes $$$$$$$$$$.
@@CherylSimser as I understand it, he hasn't paid back a DIME and yet is on US media saying he's done it. NOT>
@@Dwightstjohn-fo8ki It's truly despicable!
Lots of wealthy scumbags became rich as a way of dealing with certain personality issues. Money gives them power to do whatever they want.
great movie, the scene in the country club when the 714's kick in is comedic gold.
Belfort preyed on others' greed; the "victims" were enticed by their own greed. Not a defense for Belfort, but absence victims' greed, Belfort would've remained an unknown.
wrong the majority of the people he conned with the elderly and middle class he is an evil man
These people were just trying to pay thier rent bruh
Agree 100%.
@@9002RPMS Pay your rent by gambling on pennystocks? That's like saying you'll pay rent by playing poker and slots. Ever notice how intelligent investors were never scammed?
@@SugarWeasel1227This exactly
Some scammer's are masterminds. They are educated, well spoken, well manner, and well groomed. They come with smiles. Making their clients feel comfortable. You sign paperwork from them. You give them your money. You don't see your money again😒❕️.
I would've never watched the wolf of Wall Street if I knew it was based on a true story. I personally been conned many times and would hate to see someone glorifies it
I was con once
Poor thing... He can not feel the things a human being should feel meaning that he is a just moving flesh. We all need to be alert to sense this sort of moving flesh not to lose our assets.
Think Donald Trump if you haven’t been paying attention to U.S. politics.
True, but at the same time, most human beings can’t ever feel what he feels. What I mean is that, for the vast majority of people, they will never be able to do what he did and the high he felt from ripping off people and all the financial benefits that came from it. It takes a special kind of personality. You have to be so driven to make money that it’s just crazy to me.
He is exactly what I think of al traders of the stockmarket.
Than you, my friend, do not know much at all about Wall Street
That Stratton Oakmont logo! Even the lion looks waspy. Perfect.
They need to put him back in jail.all his money from the book and movie should go to the victims.
Would you believe this guy is now a motivational speaker? WTF
Western decadence lifestyle
@@ihs51 Indeed
Disgusting! 🤮
Teaching others how to con? Yuck
There are many men and women running around town like him, some have become president, and have followers who believe them to be messiah!!! Human nature is in my opinion unbelievable "greed is good" they always exhibit even while shouting against greed. vanity rules!!!
Besides the criminal activity he's worth learning from. What's interesting is that these success stories aren't thorough but I get it not there place to be. I love the learning programs that go deeper then just saying he out sold everyone Like include the words he used, the scripts, the psychology, the specific actions that lead to sales. This is what fascinates me.
I spoke to soon lol it mentioned a technique called a one line persuasion lmao this is the depth I love to see. This is what classrooms need to study.
@@KingMe1384at least you take the positive, it beats whining on about the negative, ❤compassion for the hurt is important, but it shouldn't bring negativit I to more lives
No clue why people love him today
A phrase on 03:18 minute made me chuckle: "in this program we profile the symbol of crazy 90s, when money was king" )...if money was the king in 90s it is the King of the king now....and been always like that!
The corruption, destruction, chaos and excuses of "this type" of man
Do people who buy stocks from someone they have never met and called them over the phone deserve their money?
@@punkinhoot you’re right though. These people are supposed to be professionals not scammers.
He wasn’t a random guy on the street though. When we give our money to someone to invest there’s an expectation that they will do their due diligence and be responsible.
he preyed mostly on the elderly....they are easily fooled
@@thewkovacs316 Where do you get this info from? Thats absolutely not true. Over half of his victims were white collar workers in their mid 40-50s
Fools and money quickly go their separate ways.
That movie Wolf of Wall Street was about the most perverted, disgusting thing I have ever seen. Complete and total lack of any kind of a moral compass. The only thing he had that I covet is that house on Long Island, that looks beautiful and classy, nothing like him.
the bible says covetousness is a sin
Lol....that close up of his pupils tells it all!!
"Land of second and third chances" does imply that people have had a chance in the first place. What chance do most of us really have, with the "wolves" out there, the sharks circling, the vultures waiting to pick over what's left- all awaiting the unassuming, those who make the "mistake" of trusting another person who appears to be helpful. Not all of us invest (or have money enough to do so), but what these guys do really affects all of us. It affects the way we view one another, with concepts like basic decency, generosity of spirit and the benefit of the doubt being lost or abandoned as being the territory of "suckers." Every time white-collar crime is waved away as being all but victimless, we make the world a little less empathetic. It DOES matter, and the money doesn't come out of thin air. Somebody with less power- less money to start- always seems to end up paying.
Well said....Politicians; Banks; Wall Street....that's why we're in the shape we're in...
"And Mandrax, a drug that gets you high" 🤣🤣🤣🤣🤣🤣
This documentary is funny... Like Wall Street is comprised of a bunch saints or something..
I attended grad school with Dr. Cass. We partied together in South Florida many a night. He was a party organizer.
This works for only one group of people ..not everyone 😔
Gotta feelin I know which group you mean . I'm not one of them but I do know, bad apples don't represent all of any group, they are just bad apples and they come in all shades just like good apples like you me and most people. It's easy to be taken in by that racist nonsense but that kinda thinking ruins your judgement and makes you bitter hope you don't fall for that crap, best wishes.
@@MarleneWalker-su8kuit's true
@MarleneWalker-su8ku it's true!
Revolting man. I can’t figure out if he is a psychopath or a narcissist.
How about both......
Both!
Nah "come on man"....he's just your typical greedy American...
Combination of both.
Both , they go hand in hand .
Jordan was running a con game, he should still be in jail.
Ahh shut up
What do you think every government do every day no difference
Yep. The bad guys don't always lose. TECHNICALLY, Jordan Belfort has a net worth of negative 100 million. HOWEVER, he was ordered to pay back 50 percent of his earnings to defrauded investors, and he has paid back 10 million so far. That means he has made about 20 million since he got out, and he can spend the remaining 10 million however he pleases. He has a lot of debt to pay back, but he still has plenty of money to spend after he makes each debt payment. It was a scandalous, corrupt, and textbook sweetheart deal, but he is a very smart, charismatic person.
Well he's not so keep crying.
@jakemurnion4306 you can't get away from the judge of judges tho!
Always enjoy
Isn’t Leonardo worried about the climate? Flying all over the world in a private jet ?
lol..That comes later ;)
He must have been using planes running on organic gas😅
@@disabledbabe hahahaha must have!
The only people worried about the environment are the gullible fools who believe in man made climate change. That lie was sold to them by the people who are trying to start WW3! Imagine what nuclear conflict would do to the precious environment!
The only ones who are worried about the environment are the gullible idiots who believe in man made climate change. A lie sold to them by the same people who are trying to start WW3. Imagine what nuclear conflict would do to their precious environment!
Absolute insanity, Wolf of Wall St. was seriously one of the best movies out there... despite it all..
Yeah, that movie kept me entertained for hours too 😄
The truth is strange than fiction.
...but stranger still are lies ~Phillip Roth
Best Doc
love it
Mrs Richards: "I paid for a room with a view !" Basil: (pointing to the lovely view) "That is Torquay, Madam ." Mrs Richards: "It's not good enough!" Basil: "May I ask what you were expecting to see out of a Torquay hotel bedroom window? Sydney Opera House, perhaps? the Hanging Gardens of Babylon? Herds of wildebeest sweeping majestically past?..." Mrs Richards: "Don't be silly! I expect to be able to see the sea !" Basil: "You can see the sea, it's over there between the land and the sky." Mrs Richards: "I'm not satisfied. But I shall stay. But I expect a reduction." Basil: "Why?! Because Krakatoa's not erupting at the moment ?"
Interesting 👍
What is wrong with us? He was suffering from an inferiority complex? Really. I think it was pride. We should all remember that pride Comes before a fall.
I’ve seen the WOLFE OF WALL ST. if I’m not mistaken his father was not only an accountant, but his DAD was “CFO’ CHIEF FINANCIAL OFFICER of his son’s company.
He uses his straight line system to this day , he sells it but it’s more of a learning system/advice to growing business and how to sell, since he’s a natural born salesman. He’s more into cryptocurrency , has a social media following such as Instagram , KZhead , tiktok etc.
So nine months later he, M. Cuban, and KK are still crypto Gods?? Or how is that working out? And HOW did he get into Australia. the USA and Australia are the ONLY countries I know of that prohibit FELONS from crossing their border.
They are called stock brokers and cold callers, not traders.
$10 worth of ice cream equalling a $20,000 dollar profit. Hell naw to the naw naw.
😂😂😂😂 I Wanna Know How He Did It Too...
The initial investment was 10 dollars. Probably the ice boxes and the first load of ice cream. Unbelievable profits for something so simple. That is $52,735.32 right now with inflation.
$10 was what he spent on the first day; obviously once he sold out he needed to buy more ice cream from the supplier as well as more ice boxes. It was poorly worded, but he probably made $20,000 in profit total during the whole venture.
These so called reporters in these docs embellish (lie) for ratings and profits . Hmmm... More crooks.
😂🤣😅😅🤣🤣😂
If he grew up and did business in NYC. Why is a French girl talking about him?
Guy defrauds people and gets highly recognized and respected 😂😂 america!
Merica!!
I thought this was normal for Americans, a typical American business owner, I thought this was their culture 🤷♀️😀✌️❤️🇬🇧
Funny how his introduction to wall street was in a building addressed 666
Great documentary. What's a collar criminal?
Why has the court not enforced it's ruling on paying back the victims ?
Because the poor get screwed in America
WOOLUFF❤GOAT,AUTHOR.
If he'd have lived in Brooklyn like I did the Catholics and the Jewish got along great, we all left early from school to do religious study. We had mixed race public school's with much better education then here in Florida and we weren't treated as less then because we're Sicilian. My Mom babysat for children until my sister turned into a biter and then she worked across the street as the manager of the laundry matt. I loved Brooklyn N.Y. at that time, I had friends all in the neighborhood we were allowed to play outside until the outside lights came on , we'd play hopscotch and sometimes street hockey. Where the game would be stopped for a car and we'd all yell "Car!" It was a great we even had monthly neighborhood parties, where the Parents would bring platters of food for sharing the Broadway actress who played Annie came through and would wave from the Car. It was affordable and I miss a dirty water frank and a Kanish sold at practically every corner in Brooklyn, N.Y. and I haven't had a decent one in years nor my "Aunt" Jenny who was my Sicilian off the boat Grandma's best friend who was Jewish but I truly thought she was my real Aunt, and they taught each other there recipe's. My Grandma could make a great matzo ball soup another dish I haven't had in forever and I miss the old Brooklyn which is now gentrified and unrecognizable, it has no heart of Brooklyn, N.Y anymore
tldnr
The difference between your comment and this video is that you're telling the truth and the video is riddled with hype and sensational bullshit about Jordan's fantastic rationalization for his actions because he had to overcome being Jewish and consequently a victim. It's ridiculous.
By ANY MEANS NECESSARY😂THE AMERICAN WAY
Good guys finish last💯%
True unfortunitly. Like women love a bad boy. You look at this bad boy, and think what a mug lol. Jordans case, he clearly had a complex, i would have hated him lol
Yep!! 💯%!!! F## being nice...
@@dannyhmmcup me to
Women who like bad boys get their necks broken
Money isn't a drug, but the things it can buy are. (Boats, Cars, Planes, Real Estate, Women / Men, Power, Clothes, Land, Drugs, Connections......)
The music is unnecessary.
Investments are the finance professions’ biggest scam. Why would you think that someone has your best interest at heart yo make you more money without cost? It’s scam! Spend what you have.
The money hanging out of the pocket just made me crazy.
Forget about this guy who stole some pocket change, waiting for the movie about SBF :D:D
It never occurred to me- why not, I'm not sure- that addicts on Wall Street might be using, in part, to assuage feelings of guilt. This is part of addiction: trying to suppress feelings and memories, often of our own behavior. (The "F-its," I call this, trying to not care.) It should be obvious to anyone that this would create a vicious cycle, particularly in a person who is not naturally a psychopath. It's easy to lie to yourself about why you're using, too. You may think you're a badass, but really you are powerless, and hurting on some level because you really DO care. Wall-street trader is only one of a number of professions in which drug abuse is rampant, encouraged, or part of the culture (include alcohol, and the list expands). Some of these jobs are lucrative; none are worth your soul- and eventually your life. Please consider this when planning your career, and take care with matters of conscience- as suppression of conscience "after the fact" doesn't work so well.
Cocaine is a big part of wall st
Like the movie Boiler Room.
Shout out to the 101 FWY San Fernando Valley in CA ! ……the fwy they show in the beginning is supposed to be Baltimore, is actually in CA ! Van Nuys Blvd exit! Had to point that out cause I’m a foolio!🤪
He fleeces these poor people and we REALLY wonder why someone doesn't take a contract out on him. He should be glad he never took a dime of my hard earned money...
When hasn't money been "king" ?.
Gloria a te Jordan 🥂
Many comments refer to greed but don't recognize that greed is a common human trait. The only thing that modulates greed is risk. Those with low risk acuity or high risk tolerance stand to suffer higher loses. Not knowing this fact is, in itself, a risk.
When has greed not ever been hungry for more and more money?
He is the type that has tarnished the images of public speakers. I don't trust them cause they talk too much and say things like ''take action'' Here's a very criminally minded human being! I always ask for their backgrounds, not to judge but to decide for me.
Yes, beware of motivational speakers.They learned their craft well and they have agendas to take your hard earned money that you pay taxes on.
He was born in the Bronx!! Grew up in the upper middle class neighborhood of Queens!
Wow..I'm surprised he didnt become a US president...he has the exact right credentials. He would've known exactly which war to start at the exact time right time to get the best kickbacks from those huge US donations to countries that don't keep good bookwork🤣😅😂
Absolutely spot on. How astute you are
Spot on! You have to have criminal credentials for that position.
Nancy Pelosi has made 100’s of millions from insider trading!
2023- Jordan Belfort is still a millionaire. 2023- Gregory Coleman still broke.... 😂😂😂 What did he actually do!??...
“ they’re always on drugs, there’s always sex they are always on drugs that’s amazing!” How is that amazing? SMH
Does anyone know where I can find the music that is playing at 26:47?
What do you wanna use the music for?
He definitely didn’t only invest $10 on ice cream to turn over $20k it’s not the full truth
@@William_Alexander if other amounts greater than 10 dollars were invested clearly that wasn’t his initial investment it’s the amount which he may have paid for his first lot of ice creams
reinvested his profits into ice cream again
1990s,When money was King.... what is is it now?
Those guys could of always hang up the phone quickly
I saw the movie it was a good movie. I just couldn’t believe the part how he invites these FBI agents on his boat and displays all this wealth. It had to be the stupidest thing I ever seen in my life! Low-key my friend, unbelievable.