Yes. The 'Wolf of Wall Street' is a true account. Belfort was involved in pump - and - dump schemes, which is basically artificially inflating the price of stocks and then selling them off. His story is a cautionary tale about the unbridled greed and lack of ethics that can exist in the financial industry. The movie tried to capture his story as faithfully as possible, from his lavish parties to his legal troubles.
Indeed, it is a true story. Jordan Belfort's story was one of extreme excess in the world of finance. He made huge sums through illegal activities like stock market manipulation. The movie 'Wolf of Wall Street' depicted his rise and fall quite accurately, showing how he built his so - called 'empire' on fraud and greed, and then ultimately faced the consequences.
Yes, 'Wolf of Wall Street' is based on a true story. It's about Jordan Belfort's real - life experiences in the financial world on Wall Street, including his wild and unethical business practices and excessive lifestyle.