Belfort will forever be associated with a US penny stock fraud scheme he ran in the 1990s that employed 1,000 brokers at its peak, before the US Securities and Exchange Commission shut down his company and he was arrested by the FBI in 1998.
 |
| Jordan Belfort, the author of the autobiography “The Wolf of Wall Street” |
Convicted of money laundering and securities fraud in 2003, he received a four-year prison sentence, but he served only 22 months and was ordered to pay US$110.4 million to a victim compensation fund.
During his visit to Vietnam, Belfort will hold dialogues with the public to talk about his intriguing life as the “wolf” of the Wall Street stock market and how he turned his life around. Belfort forever an eternal optimist believes “we are not the mistakes of our past, but we all are the resources and capabilities that we gleam from out past.”
Belfort told his own life’s story in the memoir “The Wolf of Wall Street” about a boy who sold ice creams in the street during summers in Italy and became a millionaire in a minute.
