(KUALA LUMPUR, Malaysia — “The Wolf of Wall Street” producer and stepson of Malaysia’s former prime minister pleaded not guilty on Friday to laundering $248 million from a state investment fund, becoming the third person in his family charged in the 1MDB scandal that helped end Najib Razak’s government last year. Riza Aziz was solemn as he appeared in court to be charged with receiving the illicit funds between 2011 and 2012 in the U.S.

BING NEWS:
  • DOJ recovers $100 million civil forfeiture in 1MDB scheme
    The Department of Justice said Wednesday an agreement was reached in the alleged embezzlement of $4.5 billion from Malaysia's sovereign investment fund known as 1Malaysia Development Berhad.
    06/26/2024 - 8:27 am | View Link
  • U.S. Recovers Monet Painting, Paris Apartment From 1MDB Fugitive Jho Low
    The recovery is the latest in a string of settlements to resolve allegations that Low was the mastermind of the multibillion-dollar 1MDB fraud.
    06/26/2024 - 8:05 am | View Link
  • Justice Department Returns Millions To Malaysia As Work Continues On 1MDB Scandal
    The Justice Department announced it has turned over an additional $156 million in misappropriated 1Malaysia Development Berhad (1MDB) funds to the people of Malaysia.
    06/13/2024 - 7:19 pm | View Link
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