Wolf of Wall Street producer charged in $248-mn 1MDB money laundering case

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July 5 2019

Malaysia on Friday charged one of the “Wolf of Wall Street” film producers, and stepson of former prime minister Najib Razak, with money laundering, alleging he misappropriated $248 million linked to state fund 1Malaysia Development Berhad (1MDB).
Riza Aziz, a co-founder of Hollywood production firm Red Granite Pictures that was behind the Oscar-nominated film “The Wolf of Wall Street,” was charged with five counts of money laundering.
Prosecutors alleged Riza received a total of $248 million as a result of misappropriation of 1MDB funds.