Jordan Belfort, who served as the inspiration for the hit 2013 film “Wolf of Wall Street,” is suing the production company behind the film for $300 million, saying they lied to him when he first agreed to sell them his rights.
In the lawsuit, Belfort states Red Granite Productions co-founder Riza Aziz represented the company as a “legitimate and legally funded film production company.” Belfort says he relied on that representation when he agreed to make the deal with Red Granite, which eventually released “Wolf of Wall Street” in 2013. The film made over $300 million at the box office.
Belfort alleged that after the film’s release, he learned that Red Granite was not, in fact, “legitimately or legally funded when they acquired Belfort’s rights.” He says he was “blindsided” to learn about the true source of the company’s funding — Aziz has been accused of laundering $248 million into Red Granite — and...
In the lawsuit, Belfort states Red Granite Productions co-founder Riza Aziz represented the company as a “legitimate and legally funded film production company.” Belfort says he relied on that representation when he agreed to make the deal with Red Granite, which eventually released “Wolf of Wall Street” in 2013. The film made over $300 million at the box office.
Belfort alleged that after the film’s release, he learned that Red Granite was not, in fact, “legitimately or legally funded when they acquired Belfort’s rights.” He says he was “blindsided” to learn about the true source of the company’s funding — Aziz has been accused of laundering $248 million into Red Granite — and...
- 1/24/2020
- by Daniel Goldblatt
- The Wrap
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