The Wolf of Wall Street Ratted Me Out to the Feds
Jordi Shamah, former vice president and sales manager at Stratton Oakmont, joins Honor Among Thieves Podcast to share his account of working inside the brokerage made famous by The Wolf of Wall Street. Shamah says Jordan Belfort secretly wore a wire during visits to his home, an Alcoholics Anonymous meeting, and dinner—and that he discovered the recordings only after his FBI arrest. He explains how the investigation involved stock promotion after Stratton Oakmont closed and why he believes Belfort turned on him.From earning as much as $500,000 a month to high-stakes golf games and extravagant yacht trips, Jordi describes the money and excess behind Stratton Oakmont’s rise and collapse. He discusses his relationships with Danny Porush and Steve Madden, explains the firm’s stock-selling practices, and challenges parts of The Wolf of Wall Street movie’s portrayal. Along the way, he acknowledges turning a blind eye to wrongdoing while enjoying the lifestyle it funded.The conversation follows Jordi through his arrest, his own agreement to cooperate, and a sentence of three years’ probation. He also opens up about decades of sobriety, a life-threatening medical crisis, Steve Madden’s support, and his work helping others rebuild their lives. This episode explores securities fraud, FBI cooperation, personal accountability, and the consequences behind one of Wall Street’s most recognizable stories.Subscribe to Honor Among Thieves Podcast for firsthand true crime stories, criminal investigations, and conversations about redemption. Subscribe to Honor Among Thieves Podcast for more true-crime interviews, federal prison stories, organized crime history, drug-trafficking cases, and raw conversations about consequences and redemption. This episode is presented for documentary, journalistic, and educational purposes. It does not promote or glorify illegal drug use, drug trafficking, identity fraud, or other criminal activity. Chapters 00:00 Preview: Jordan Belfort Ratted on Me03:41 Growing Up With Danny Porush & Steve Madden06:59 How Steve Madden Helped Jordi Get Sober10:29 Joining Stratton Oakmont as a Stockbroker12:23 When Jordan Belfort Left Stratton Oakmont16:02 What Jordi Says The Wolf of Wall Street Movie Got Wrong18:31 Making $500,000 a Month & Turning a Blind Eye22:48 How Stratton Oakmont Sold Stocks25:35 Becoming Stratton Oakmont’s Vice President31:05 Million-Dollar Months & Extravagant Spending34:14 Stratton Oakmont’s Shutdown: Jordi’s Account40:24 Jordi Says Jordan Belfort Wore a Wire on Him41:31 The FBI Arrest at Jordi’s Home44:24 Jordan Belfort’s Cooperation After Stratton Oakmont47:16 Steve Madden’s Support During Jordi’s Health Crisis50:00 Life Coaching, Sobriety & Redemption 📌 Have an unbelievable story? Apply to be a guest: 👉 https://www.honoramongthievespodcast.com/guest Become an Honor Among Thieves Patreon Member Join The Underworld👇👇👇 https://www.patreon.com/cw/honoramongthieves?utm_campaign=creatorshare_creator 👕Honor Among Thieves Merch👇 https://shop.honoramongthievespodcast.com/ 🔗 Links👇👇👇 📸 Nelson on Instagram https://www.instagram.com/montanatheprophet/ 📸 Jordan on Instagram https://instagram.com/jordanshamahofficial?obrf=ZndnaWxiMzRrZWk0 💎 Sponsor NordVPN Use Promo Code MONTANA https://bit.ly/honorvpn Learn more about your ad choices. Visit megaphone.fm/adchoices