In case you all forgot, Jordan Belfort operated a penny-stock boiler room on New York’s Long Island, which eventually resulted in him getting convicted for defrauding 1513 investors out of more than R2,4 billion, and sentenced to four years behind bars.

After his life was turned into a movie by Martin Scorsese back in 2013, the real-life “Wolf of Wall Street” gave up his wily ways and started his second career as a motivational speaker.

Sounds like Belfort’s had a peaceful life since then, huh?

Wrong. Prosecutors are now baying for his blood, according to a report by Fortune. Back when he was sentenced in 2003, Belfort was ordered to pay over R1,37 billion in restitution and other penalties, but the government reckons he still owes about R1,2 billion.

Eish.

Court papers declare that Belfort paid R8,7 million to victims between 2007 to 2009, and nothing in 2010; he has also paid an additional R159 million, but it’s mainly from property he relinquished at the sentencing, they say.

Either way, Belfort is pretty much off the mark there.

At a hearing on Wednesday, after prosecutors complained, U.S. District Judge Ann Donnelly said Belfort must meet his obligations:

It seems like he has some spare change lying around,” Donnelly said, adding that Belfort should be questioned by prosecutors about his income.

“Sorry to interrupt his busy schedule,” she said. “He’s going to have to come here so we can get a grip on what’s going on.”

If you’re wondering if the man – er, wolf in question was going to make a cameo appearance, think again: he was in Lithuania giving a motivational speech.

How convenient.

Belfort’s lawyer, Sharon Cohen Levin, argued on his behalf, saying her client ain’t got any coins to spare:

Cohen Levin argued that Belfort is “cash-strapped.” One of the payments in dispute, ownership units in a startup, may be of “no value” or “may be of extraordinary value,” she said. She argued the shares weren’t subject to the restitution order.

But the prosecutors weren’t buying this:

Prosecutors say Belfort earned at least R112 million in speaking engagements between 2013 and 2015 but pocketed it all. He has also collected other income from a building-design business, they claim.

In 2014, during a global speaking tour, Belfort said he hoped to earn “north of $100 million [R1,2 billion]” by giving speeches about his “redemption,” which would allow him to repay victims.

Hmm, seems like Belfort doesn’t exactly practice what he preaches.

[source:fortune]