'Wolf of Wall Street' Producer Riza Aziz Charged With Five Counts of Money Laundering, Faces 25 Years in Prison
In an ongoing case of life imitating art, Malaysian prosecutors charged Riza Aziz, co-founder of the Hollywood production company behindAziz pleaded not guilty to the charges. He is alleged to have received $248 million in illicit money from 1Malaysia Development Bhd, or 1MDB, the state investment fund established by his step-father, disgraced former Malaysian prime minister Najib Razak.
The proceedings against Aziz follows a flurry of charges against Najib and his inner circle. The former prime minister and his wife, Aziz's mother Rosmah Mansor, are both facing dozens of money-laundering and corruption charges. Meanwhile, Jho Low, Aziz's friend and the alleged mastermind of the 1MDB scandal, is wanted by authorities in Malaysia, the U.S. and Singapore on various charges. Suspected to be hiding out in China, he remains a fugitive at large. The U.S.
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