Oklahoma lawyer met ‘Wolf’ of Wall Street
OKLAHOMA CITY — “The Wolf of Wall Street” opened on Christmas Day and has been nominated for a slew of awards including five Academy Award nods.
Actor, Leonardo DiCaprio won a Golden Globe and he’s up for an Oscar for his portrayal of Wall Street stockbroker Jordan Belfort.
The movie is an in-your-face drama about wealth and power in the financial capitol of the world, and it turns out there is an Oklahoma connection to the real-life story behind the movie.
“Literally he doesn’t know what the f**k he’s going to do so he answers a newspaper ad.” said Oklahoma City attorney Scott Adams, who met Jordan Belfort during his work representing two other mid-level brokers on that same case.
Adams clients got caught up in the same federal investigation that snagged Belfort and his firm Stratton Oakmont.
The Wold of Wall Street has grossed more than $100 million.
The real life criminal case on which the movie is based, Adams describes as “the most massive fraud I’ve ever been involved with in my life.”
Belfort was convicted of cheating Americans out of hundreds of millions of dollars in junk stock.
He and his teams of brokers were well-known for their raunchy behavior.
The movie has more than 500 “f-words” on screen, more than any other feature length movie in history.
“I saw a lot of things that were totally inappropriate with women.” Adams said. “I saw a mound of cocaine that made me extremely uncomfortable I had to get up and leave. Actually, my clients fought. They had a fist fight in front of an italian restaurant, and one of them knocked the other one out in the street the day before the initial appearance. It was just out of control.”
Adams still has the FBI files from the case.
He says, for the most part, everything in the movie really happened.
“Overall, in regards to the depiction of these guys and how they were with drugs and prostitutes and money; it was all exactly what I saw and what I read in FBI 302s.” Adams said.
Adams’ says his clients were the only two who didn’t get prison time.
While he remembers getting the royal treatment in New York, he came back to Oklahoma and never represented another Wall Street tycoon again.
“This afternoon I’m headed to Guthrie on a case. Driving my pickup. So it’s a little different. It’s an experience I’ll never forget.”
The three-hour movie is rated R.
The real Jordan Belfort spent 22 months in prison.
He was ordered to re-pay his victims $110 million.
Belfort is now making millions on a speaking tour.
As for the Wall Street clients Scott Adams represented, he hasn’t heard from any of them since the case ended more than eight years ago.
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