Movie star Leonardo DiCaprio testified in federal court as part of a trial involving international money laundering, bribery and a prominent rap artist.
Prakazrel “Pras” Michel — a founding member of the iconic 1990s hip-hop group, The Fugees —- is accused of funneling money from a fugitive Malaysian financer through straw donors to Barack Obama’s 2012 reelection campaign. Five years later, prosecutors say he tried to squelch an investigation into that same financer under former President Donald Trump’s administration.
At the heart of the case is Low Taek Jho, usually known as Jho Low. He is accused of masterminding an international money laundering and bribery scheme that stole billions from the Malaysian state investment fund known as 1MDB. DiCaprio's connection with the case comes from his years-long relationship with Low, who was one of the primary financers of the movie “The Wolf of Wall Street.” Low is currently a fugitive but has maintained his innocence.Sign up for NBC Bay Area’s Housing Deconstructed newsletter.According to the charges, Michel essentially became a conduit for Low's pilfered millions and his attempts to influence the U.S. government.
DiCaprio testified that he met and befriended Low at a birthday party in Las Vegas in 2010. “I understood him to be a huge businessman with many different connections in Abu Dhabi and Malaysia,” he said.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
'That's a Lot of Money': Leonardo DiCaprio Testifies at Pras Michel TrialThe actor addressed his ties to Malaysian financier Jho Low, including a conversation about a massive donation Michel allegedly helped Low funnel to the Democratic Party
Weiterlesen »
Leonardo DiCaprio testifies for prosecution at trial of Fugees rapper Pras MichelMichel is accused of participating in a global campaign-finance conspiracy funded by Jho Low, a Malaysian businessman who allegedly stole billions of dollars from a Malaysian sovereign wealth fund,…
Weiterlesen »
Leonardo DiCaprio testifies for prosecution at trial of Fugees rapper Pras Michel | CNN PoliticsActor Leonardo DiCaprio testified for prosecution in the trial of former Fugees member Pras Michel, who's accused of participating in a campaign-finance conspiracy
Weiterlesen »
Leonardo DiCaprio testifies in Fugees rapper's lobbying trialActor Leonardo DiCaprio told a federal court in Washington on Monday that Malaysian financier Jho Low tried to funnel up to $30 million to President Barack Obama's 2012 re-election campaign as part of a far-reaching influence operation.
Weiterlesen »
Leonardo DiCaprio testifies in Fugees rapper trial, saying his team vetted 'Wolf of Wall Street' backerLeonardo DiCaprio took the witness stand in the case against former Fugees member Pras Michel, telling jurors that his team vetted a key 'Wolf of Wall Street' investor who is accused of stealing billions of dollars.
Weiterlesen »
Leonardo DiCaprio Testifies in Conspiracy Trial of Fugees’ Pras MichélThe Wolf of Wall Street was partially funded by Jho Low, who’s accused of conspiring to launder billions.
Weiterlesen »