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Jordan Belfort – From ‘Wolf of Wall Street’ to ‘Deadbeat on Main Street’

from Zero Hedge

For Jordan Belfort -the Long Island penny-stock boiler-room operator of “Wolf of Wall Street” infamy – trouble does not seem to stray too far from his life on ‘Main Street’ as prosecutors say, he isn’t just a con, but also a deadbeat, and they want him to pay up.

[…] For those who’ve forgotten, Bloomberg reports that at his sentencing in 2003, Belfort was ordered to pay $110.4 million in restitution and other penalties.

Belfort was released from prison in April 2008. He was convicted of defrauding 1,513 investors out of more than $200 million and sentenced to four years behind bars. He was also ordered to pay 50 percent of his gross income to victims after he was freed.

Continue Reading at ZeroHedge.com…

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