Jordan Belfort Responded

Jordan Belfort responded to my request for comment claiming what I alleged was "Wildly Misleading" so I thought I'd clear the air by reading his full response. It's pretty amusing.

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Credits:
3D Artist: Ed Leszczynski @LeszczynskiEd
Video Editor: Harry Bagg @HarryRBagg
Virtual Production Software: Aximmetry

This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I think someone who promises $100K/month for an upfront fee of $2K is a scam. Others would call it a Napoleon Hill pitch.

[Coffeezilla]

Here's their full response, with my questions in-line.
[Question]
Hi Jordan,

My name is Coffeezilla, I'm an investigative journalist looking into the ponzi scheme Traders
Domain, and the link within OmegaPro.
I noticed you had a balance of $325, 915.20 with Traders Domain on 09/20/22 via your
company FUTURE GEN LLC, and also participated as a paid spokesman of some kind
for OmegaPro, both massive, interconnected Ponzi Schemes.
[Answer]
Mr. Belfort is not, nor has ever been, a paid spokesman of Omega Pro (he actually
declined their offer). OmegaPro hired Mr. Belfort to speak at two of their events
about sales and entrepreneurship. These were two of over 150 events that Mr.
Belfort spoke at that year, and he has never had any affiliation with the company
and only vaguely knows what they do. In fact, during his speech with OmegaPro he
specifically stated that he was not there to speak about their particular business or
making investments, as he was unfamiliar with what they do.
As far Traders Domain goes, Mr. Belfort has no knowledge of TradersDomain (or any
link they may have with OmegaPro) other than that a very close friend of his said
that he was making a lot of money with a managed account, and he convinced Mr
Belfort to give this money manager a shot. So Mr. Belfort made a small speculative
investment there of approximately $200, 000. To do that, he was advised that he
needed to open an account on a platform named Traders Domain, which his
bookkeeper subsequently did. (Before that, Mr. Belfort had never heard of the
platform.) After a few months of seeing profits, Mr Belfort felt that it was too good
to be true and requested his money back. That’s when the problems started. It took
many months and constant legal threats to get back his original investment, which
he eventually got back with a small profit. (Most of the profits ended up getting
siphoned through with fees and commissions.) He then closed his account and that
was that. He would be willing to discuss “off the record” more of what he suspects
is happening there, as some of his friends that were convinced to open up an
account there by the same person never got their money back. And just to be clear,
despite this “managed account” offering Mr Belfort a 10% override on any money
he could bring in, he never recommended it to any other person ―— because from
the very beginning, he always considered it a speculative investment and had done
no due diligence. Rather, he made the investment based on the word of a friend.

[Question]
You claimed in a speech to OmegaPro investors that "There's only one way to get rich in

this world, and that is quickly. You gotta get rich quick."

[Answer]
The above quote you provided is wildly misleading, as it is only the first half of the
quote. The full quote from the transcript is below and Mr Belfort stands by it to this
very day:
“I’ve been saying this publicly for a long long time: that there’s only one way to get rich in this
world and that is quickly. You gotta get rich quick, OK? And the reason for that is because we
live in a world that’s far too expensive to get rich slowly. You just can’t get rich slowly over time,
between inflation and currency devaluations and all the hard work by the time you get rich it’s
too fucking late...But I'm not talking about a get rich quick scheme
That’s not what I mean. So i'm not advising you to go out and find some get rich quick scheme,
which is not a legitimate business. I'm not telling you to go find something wacky and think you
can put a dollar in it and make a billion dollars...
That's not what i mean
What I’m saying is is that what typically happens in life is that you work really really hard
and you don't get the result you want, and then you keep working really really hard and you still
don’t get the result you want, and then you keep even working harder still and you still don’t get
the result.... but then suddenly all at once after a lot of really hard work...
Bam!. the money starts pouring in in avalanches of abundance. That’s what I’m talking about
here..”

[Question]
Given that you've previously pleaded guilty to fraud in relation to pitching different
"get-rich-quick schemes", penny stocks; what are we to make of your involvement in a new
ponzi scheme, and promotion of risky investments like this?

[Question]
How do you think this reflects on claims that you've "changed" since your wolf-of-wall-st days?
I'm contacting you to give you a chance to respond prior to publication about your
statements and involvement with OmegaPro, and Traders Domain. Please respond
within 24 hours.
--
Thanks,
Coffeezilla

[Pelle.P-KAZ]

Jordan is clearly a honest hard working man, after all he built one of the greatest pyramids in history!

[sheaiek]

Major takeaway: If you see Jordan Belfort speaking at a financial event, turn around and run.

[kirinkappa]

I'm not a paid spokesman, I am merely a money-receiving talker, don't mind me.

[joeschmoe]

Jordan is the guy that 200 years ago would roll into town with a wagon selling magic flasks and be gone next morning

[stephengardner]

Pro tip: when coffee has video evidence of your ridiculous quote, do not voluntarily provide more email evidence lying about said quote.

[wooderson]

Does anyone else see the irony that A movie that exposed Jordan as a con artist only somehow managed to attract more people to his cons?

[benjaminstiegler]

Lets trust the guy who had a movie about being able to sell scams, not to sell us a scam

[ryanstewman]

150 companies in 1 year hired Jordan, a scammer, to come speak at their event. That's unreal. The stupidity out there is insane

[alexrambo]

I can't believe we live in a society where someone is a known scammer and is still hired to scam.

[smith]

Calling Jordan a legitimate businessman is like calling Ronald McDonald a pioneer in healthy cuisine

[johnnychimpo]

Sometimes I think I’m a loser but people that pay to go listen to these clowns speak…that’s a whole different level

[mr_q_]

All I'm saying is that if I saw Jordan Belfort speaking on behalf of any company, I would immediately start trying to get my money back. Because best case scenario, they are fools, and worst case scenario, it's a scam. 😅

[Liboo]

The fact that Jordan Belfort still has a career after The Wolf of Wall Street came out is deeply disturbing to me

[TwoHatsHegemon]

If $200k is considered a "small investment" it makes me wonder what their definition of "small profit" is

[BonkerBeanieZ]

“It’s not a Get-Rich-Quick Scheme” is probably the best possible defense from a notorious scammer.

[JoshuaFletcher]

A company i was a partner in hired Belfort to speak at our yearly event. The excerpts from the Omega event that you’ve shared sound pretty much exactly like the talk he gave at our event. I get the impression these keynote presentations he does are pretty canned. I didn’t get the impression he knew much at all about what our company did and the what the event actually event was actually about.

[tradingtactics]

“There’s only one way to get rich, and that is to get rich quickly”
If that’s not the words of a scammer I don’t know what is

[colbunkmust]

I'm amazed at how discreetly JB was able to describe a pyramid scheme to the audience without them realizing that he just described a pyramid scheme.🤔

[nobodysfavourite]

Even the fact there are folks trusting these people is enough of a proof that we're doomed