After watching The Wolf Of Wall Street I have to ask, what did Jordan Belfort do criminally wrong exactly?

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After watching The Wolf Of Wall Street I have to ask, what did Jordan Belfort do criminally wrong exactly?

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Answer: His company had brokers who would “encourage” customers to purchase shares of companies that Belfort had a personal stake in. This inflated the price of the stock, allowing Belfort to make a profit.

He also committed a series of other crimes (money laundering, drug offenses, etc) but the Pump-and-dump was his signature crime.

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