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The Wolf Of Wall Street A New York stockbroker refuses to cooperate in a large securities fraud case involving corruption on Wall Street, corporate banking world and mob infiltration. Based on Jordan Belfort’s autobiography.In 1987, Jordan Belfort procures a job as a Wall Street stockbroker for L.F. Rothschild, employed under Mark Hanna, who quickly entices him with the sex- and drugs-fueled stockbroker culture and teaches him that a stockbroker’s only job is to make money for himself. Jordan soon finds his career terminated following Black Monday and takes a job at a boiler room brokerage firm on Long Island that specializes in penny stocks. Thanks to his aggressive pitching style and the high commissions, Jordan makes a small fortune.Jordan befriends his neighbour, Donnie Azoff, and the two found their own company. They recruit several of Jordan’s friends, whom Jordan trains in the art of the “hard sell”. The basic method of the firm is a pump and dump scam. To cloak this,
Jordan gives the firm the respectable-sounding name of Stratton Oakmont. After an exposé in Forbes, hundreds of ambitious young financiers flock to his company. Jordan becomes immensely successful and slides into a decadent lifestyle full of prostitutes and drugs. He has an affair with a woman named Naomi Lapaglia. When his wife finds out, they divorce, and he marries Naomi. Meanwhile, the SEC and the FBI begin investigating Stratton Oakmont. Jordan illegally makes $22 million in three hours upon securing the IPO of Steve Madden. This brings him and his firm to the attention of the FBI. To hide his money, Jordan opens a Swiss bank account with corrupt banker Jean-Jacques Saurel in the name of Naomi’s Aunt Emma, who is a British national and thus outside the reach of American authorities. He uses the wife and in-laws of his friend Brad Bodnick, who have European passports, to smuggle the cash into Switzerland.
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