'Wolf of Wall Street' living high life again despite owing $100 million to scam victims
Could take 1,600 years to pay back restitution at current rate
Jordan Belfort, who was immortalized in the blockbuster movie, The Wolf of Wall Street, claims he's a changed man and nothing like the greedy, corrupt character played by Leonardo DiCaprio.
However, an Inside Edition investigation found “The Wolf” living a life of luxury while still owing his victims millions.
In 2014, Belfort boasted that he planned on paying back about $100 million to 1,513 victims that year.
“I'm actually doing a U.S. tour that I announced and I’m giving a hundred percent of the profits to pay back the victims,” he told Inside Edition’s Chief Investigative Correspondent Lisa Guerrero back in 2014.
Were his statements to pay all his victims back just another Belfort con?
Inside Edition found he still owes $100 million to his victims, but that huge debt hasn’t stopped him from living like a king.
He's lived in gorgeous homes, like an oceanfront beauty in California, and a five bedroom mansion that he rents on the shores of Lake Tahoe in Nevada, which is selling for $16 million.
He takes ski trip vacations and even took his fiancée to The Vatican.
Retired dentist Alfred Vitt says Belfort still owes him more than $200,000.
“I want to vomit when I look at these pictures,” Vitt said as he was shown photos of Belfort’s lavish vacations. "He’s a liar and a damn crook."
How is Belfort able to live a life of luxury while still owing his victims roughly $100 million?
These days he travels the world making big bucks as a lecturer, spilling the secrets of a great salesman.
Guerrero recently caught up with Belfort at an event in London. Inside, we found every seat taken as 3,600 men and women were hanging on his every world.
But Guerrero was there for a different reason. She wanted to ask him about all those forgotten victims.
As Belfort opened his presentation up to questions, she stepped up to the mic.
“In 2014, you promised you would pay back all of your victims that year, it's three years later and you still owe your victims $100 million,” she said as a chorus of boos rained down on her. “When are you going to pay your victims back?”
“The Wolf” was in no mood to answer and asked for the next question.
Security took Guerrero’s mic away and escorted her out. A few moments later, Belfort abruptly left the stage.
The show was over, but not before he spread his message to those who dream of becoming rich, just like him.
Melanie Grace was in the audience and watched Guerrero’s interaction with Belfort.
“He really didn't want to answer that question or go near that question,” she said. “It was a very, very, very touchy subject.”
The U.S. Attorney's Office, which overseas Belfort’s restitution, had no comment. At the current rate Belfort is paying — $4,000-$5,000 per month — it would take him more than 1,600 years to pay back all his victims.
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