Hit movie The Wolf of Wall Street

Real Wolf of Wall Street sues film studio for $300m

Belfort was played by Leonardo DiCaprio in the film, which was Oscar-nominated and a box office success.

He claims Red Granite Productions lied about being "legitimately funded" when he sold the rights to his story.

The company's lawyer described Belfort's lawsuit as "desperate and supremely ironic".

Red Granite Productions co-founder Riza Aziz was arrested on suspicion of money laundering last year.