Sunday, February 20, 2022

Wolf Jordan Belfort Offers Crypto Event

The Wolf of Wall Street Jordan Belfort will host a two day event for ten people wanting to improve their cryptocurrency, DeFi and NFT investing chops.  Belfort was convicted for securities fraud and money laundering

DDW reported:

Since being released from prison in 2006, Jordan Belfort has left behind the world of brokerage and has become a traveling motivational speaker, delivering seminars and speeches on everything from sales advice to getting into the entrepreneurial mindset.
Add crypto to his seminar topic list.  Belfort quickly made a splash in Miami where he will host those tem people at his house.. 

How did Michael Milken, Jordan Belfort and the Tinder Swindler resurface after harming lots of people with their financial crimes?   It's a Catch 22 given:

Milken served 22 months of his ten year sentence and authorities let him keep most of his grossly outsized fortune.

Belfort "was sentenced to four years in prison and served 22 months in prison....  At the end of his career as a stockbroker, he was a regular user of ‘22 different drugs." 

The Tinder Swindler served two years in prison in Finland for conning three women.  He ramped up his fleecing skills after his 2017 release.  His larcenous and fraudulent behavior is chronicled in a Netflix film.  Simon Leviev is also a motivation speaker who says he made tens of million from bitcoin and real estate.

Three former fraudsters have their sights set on crypto, defi and NFTs. 

They can all sell anything.  Are you buying?

Update 5-27-22:  Belfort's skill at separating people from their money is a league above the rest.

Update 8-2-22:  A number of FDIC insured banks ran with the crypto devils and may go under as a result.  How this is remotely OK is a question one should ask David Rubenstein and his former employee Jerome Powell/