Fugitive Malaysian Financier Accused of Embezzling Billions and Funding Obama Campaign

Fugitive Malaysian Financier Accused of Embezzling Billions and Funding Obama Campaign


Leonardo DiCaprio, one of the biggest movie stars in the world, made headlines recently for his involvement in a federal trial involving a Malaysian financier,

Jho Low. The trial centers around what appears to be a money-funneling scheme that was designed to donate tens of millions of dollars to Barack Obama’s 2012 re-election campaign, the New York Post reported.

The scheme was allegedly run by Prakazrel “Pras” Michel, the founder of the Fugees, who was recruited by Low to funnel money to Obama’s campaign.

Foreigners are not allowed to contribute to US campaigns, so Michel allegedly took “tens of millions of dollars” from Low to lobby the government on behalf of the Chinese government.

The money was passed off to 20 “straw donors” from June to November 2012, who made the contributions to the Obama campaign in their names so that the money couldn’t be tracked back to Low.

DiCaprio’s involvement in the saga stems from his relationship with Low. The two were said to have partied together, and Low apparently suggested to DiCaprio during a conversation that he intended to contribute to Obama’s presidential campaign. DiCaprio testified that it was a casual conversation about political parties, and that he simply told Low which party he supported. He added that Low told him that he and a group were going to make a significant contribution to the Democratic Party.

Low reportedly helped fund DiCaprio’s 2013 hit film, “The Wolf of Wall Street,” which won the actor a Golden Globe for best actor. The actor apparently understood Low to be a significant businessman with ties to Abu Dhabi and Malaysia.

Low is now accused of embezzling $4.5 billion from 1MDB, Malaysia’s state investment fund, and is reportedly hiding in Macau.

Michel, on the other hand, was paid $70 million for his assistance to Low and is facing 11 criminal counts of attempting to influence the Obama and Trump administrations.

Prosecutors have also noted that the artist is being accused of attempting to interfere with Trump’s investigation into Low.


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