Movie Name :
The Wolf of Wall Street Hindi Dubbed
(2014)
In his position as the founder of Stratton Oakmont, Belfort engaged in the illegal activities that would eventually land him in prison. Stratton Oakmont has been involved in a number of different scams, including pump-and-dump schemes to artificially inflate Penny's stock price. The firm was a kind of boiler room with a team that pressured investors to invest their money in highly speculative securities. Throughout Stratton Oakmont's history, the National Association of Securities Dealers (NASD) has taken legal action against the company.
In 1996 the company was closed. In 1999, Belfort and his partner Danny Porush were charged with money laundering and securities fraud. up to $200 million. He was sentenced to four years in prison and eventually served 22 months in prison.