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>United States Reaches Settlement to Recover More Than $49 Million Involving Malaysian Sovereign Wealth Fund-justice.gov
Wolf of Wallstreet
MOAR:
The FBI Deputy Director Andrew McCabe says that the "Malaysian people were defrauded on an enormous scale".
The lawsuits allege that public money stolen from the Malaysian state fund 1MDB - which was set up by the Prime Minister Najib Razak in 2009 - was used to buy a laundry list of expensive properties, and even finance the Wolf of Wall Street movie.
It alleges that among the things bought by the money were:
L'Ermitage hotel property and business
Park Lane Hotel assets in New York
Four California properties
Four New York properties
One London property
A private jet
EMI assets, including royalties
Van Gogh painting
Two Monet paintings