Wolf of Wall Street calls Australia rumours 'insane' Angry over reports he is in Australia: Jordan Belfort. Jordan Belfort, the man portrayed in the Martin Scorsese film The Wolf of Wall Street, has responded to rumours of his presence in Australia, describing reports as "insane," "libellous" and having "caused significant damage" to his reputation. After pleading guilty to fraud in the 1990s, in which investors lost approximately $US200 million, Mr Belfort has failed to adhere to court orders to pay his victims, according to US prosecutors. The Wall Street Journal had reported that prosecutors allege Mr Belfort is living in Australia, funded by royalties from movies, book proceeds and motivational speaking fees, out of US jurisdiction. Leonardo DiCaprio as Jordan Belfort in The Wolf of Wall Street. The publication said the US attorney's office in Brooklyn, New York, believes Mr Belfort has earned more than $US1 million, and has failed to hand over appropriate reparation. A lawyer for Mr Belfort has denied both claims, stating The Wolf of Wall Street lives in Manhattan Beach, California, and has made every payment to victims that has been required and that he has pledged to hand over 100 per cent of movie and book royalties. On his Facebook page, in what he described as "one of the most important posts I have ever made," Mr Belfort said: There was an utterly insane and libelous article in the Wall Street Journal that alleged, among other things, that I have fled to Australia to avoid paying my restitution, and that I am using loopholes to keep my assets out of reach of the US government. In addition, it also alleged that I have not paid any restitution in years, have been keeping book royalties for myself, and that I have not agreed to turn over 100% of the profits of both books and the movie (that I essentially made that whole post last week up)!. But the truly craziest part of all was that the WSJ's source was allegedly a spokesperson for the government, a Mr. Nardoza, from the US Attorney's office. This false and libelous story has now been circulated around the globe, in all forms of media, and has caused significant damage to my reputation as a man who not only owns his mistakes but also makes it a point to go above and beyond to do the right thing. Fortunately, the US Attorney's Office, through my attorney, has issued me a personal apology and the Wall Street Journal will run a correction. I respect them for promptly admitting their mistake (which I believe was isolated to this one man, and, hence, not indicative of the integrity of the entire office), although the damage it has caused has already been done. Please repost my post, to spread the word, as the article was the most idiotic, venomous and blatantly false attack on my character, and how I have lived my new life, that i have ever experienced. As always, I am still 100% committed to turning over 100% of the profits of both books and the movie, which I hope will amount to many, many millions. In 1998, Mr Belfort was indicted by US Federal prosecutors for securities fraud and money laundering. After pleading guilty he was ordered to pay $US110.4 million to his victims. He was ordered to pay 50 per cent of his gross income until the sum was paid off. According to The Wall Street Journal, Mr Belfort has paid $US11.6 million. BusinessDay