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

FILE - In this Tuesday, Dec. 17, 2013, file photo, Jordan Belfort attends the premiere party for "The Wolf of Wall Street" at the Roseland Ballroom in New York. On Wednesday, May 16, 2018, a federal judge in New York City said she wants to make sure real-life “Wolf of Wall Street” Belfort continues to pay back the nearly $100 million he owes in restitution. Belfort has so far paid off about $13 million of an owed $110 million in restitution. (Photo by Evan Agostini/Invision/AP, File)

Evan Agostini

NEW YORK (AP) — 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.

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.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.