‘Wolf of Wall Street’ producer charged in Malaysian money laundering scandal

[TomSea]

‘Wolf of Wall Street’ producer charged in Malaysian money laundering scandal
Associated Press

‘Wolf of Wall Street’ producer charged in Malaysian money laundering scandal


Riza Aziz, producer of "The Wolf of Wall Street" and stepson of Malaysia's disgraced ex-leader Najib Razak, arrives for a court appearance July 5 in Kuala Lumpur. (Mohd Rasfan / AFP/Getty Images)

"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. and Singapore.

The charge sheets said the money was misappropriated from 1MDB and channeled into bank accounts of Riza's company Red Granite Pictures Inc., which produced films including the Martin Scorsese-directed film starring Leonardo DiCaprio. The 2013 film was nominated for five Academy Awards, including best picture.

Read more at: https://www.latimes.com/world/la-fg-wolf-of-wall-street-money-laundering-20190705-story.html