NEW YORK | Judge wants to ensure 'Wolf of Wall Street' is paying back

NEW YORK | Judge wants to ensure ‘Wolf of Wall Street’ is paying back

NEW YORK — A federal judge in New York City says she wants to make sure real-life “Wolf of Wall Street” Jordan Belfort continues to pay back the nearly $100 million he owes in restitution.

The judge told Belfort’s lawyers Wednesday at a garnishment hearing that she’s focused on getting his roughly $97 million investor restitution “back on track” almost 20 years after his conviction. The Daily News reports Belfort pleaded guilty to securities fraud and money laundering in 1999.

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Belfort has so far paid off about $13 million of an owed $110 million in restitution.

His attorney says she’s happy to get Belfort on a compensation schedule. He did not appear in court for the hearing.

Belfort was the subject of the 2013 film “The Wolf of Wall Street” starring Leonardo DiCaprio.

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By Associated Press – published on STL.News by St. Louis Media, LLC (A.S)

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