The Leonardo DiCaprio Foundation is connected to a $3B embezzlement case
- 8 years ago
The Leonardo DiCaprio Foundation has a financial connection to a $3 billion Malaysian embezzlement scandal currently beinginvestigated by the Justice Department, according to a recent report citing attendees at foundation charity auctions confirmed by theDOJ’s July 20 complaint.
DiCaprio’s personal ties to the individual at the center of the accusations, financierJho Low, have been known for some time and were further detailed in the complaint.
Low, a gambling and partying buddy of the “Revenant” star, is accused by theDOJ of transferring more than $3 billion from a Malaysian sovereign wealth fund, 1MDB, and treating it like a personal fund, buying extravagant items and ingratiatinghimself with Hollywood A-listers. The Hollywood Reporter story alsocites attendees at DiCaprio’s 2013 birthday party who said Low helpedraise money for the foundation by buying bottles of champagne,but that could not be independently verified, according to.
DiCaprio’s personal ties to the individual at the center of the accusations, financierJho Low, have been known for some time and were further detailed in the complaint.
Low, a gambling and partying buddy of the “Revenant” star, is accused by theDOJ of transferring more than $3 billion from a Malaysian sovereign wealth fund, 1MDB, and treating it like a personal fund, buying extravagant items and ingratiatinghimself with Hollywood A-listers. The Hollywood Reporter story alsocites attendees at DiCaprio’s 2013 birthday party who said Low helpedraise money for the foundation by buying bottles of champagne,but that could not be independently verified, according to.