Malaysian Fugitive at Center of 1MDB Corruption Scandal That Funded ‘The Wolf of Wall Street’ Reportedly Located in China

Jho Low, the playboy Malaysian financier who was central to the multi-billion dollar 1MDB corruption scandal, has reportedly been located and his new identity discovered.

Low was the mastermind behind the embezzlement of at least $4.5 billion from the 1MDB Malaysian development fund, much of which was used to buy luxury real estate across the U.S., plus art, a private jet and a superyacht. But he also managed to use the finances to ingratiate himself into Hollywood circles, most notably becoming close with Leonardo DiCaprio — who would star in 2013 hit “The Wolf of Wall

→ Continue reading at Variety

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