 Belfort was then indicted for securities fraud and money laundering in 1999.Belfort served 22 months of a four-year sentence at the Taft Correctional Institution in Taft, California, in exchange for a plea deal with the Federal Bureau of Investigation for the pump-and-dump scams which he ran that led to investor losses of approximately $200 million.Belfort was ordered to pay back $110.4 million that he swindled from stock buyers.