The film tells the true story of a successful Wall Street stock broker (Leonardo DiCaprio) whose downfall began after he failed to co-operate in a securities fraud case, which involved corruption and mob dealings.
Boardwalk Empire creator Winter, who collaborated with Scorsese on that show's pilot episode, has adapted The Wolf of Wall Street from Belfort's memoir of the same name.
"[Belfort] had a rollercoaster ride of a life. He got into just about every drug on the planet, just unbelievable," Winter told Empire.
"It's the comic, tragic, at times horrifying story of this rise and fall of a Wall Street whizz kid, and it's just not like any other movie involving that subject matter and it's going to be terrific."
Jonah Hill, Matthew McConaughey, Jean Dujardin, Jon Favreau and Kyle Chandler round out the cast.
Asked whether the film's subject matter felt especially timely, Winter confirmed: "Yes, there's certainly a lot going on in the world.
"If you think the mid-'90s were corrupt, hold that up to what's going on now or what's been going on since then."
The Wolf of Wall Street begins shooting in New York tomorrow (August 8)
Watch the trailer for Scorsese's last film Hugo below: