tps://www.dailymail.co.uk/news/article-11934677/Leonardo-DiCaprio-testifies-prosecution-Fugees-star-Pras-Michels-1MDB-money-laundering-trial.html
>The Fugees' Pras Michel is accused of funneling money from fugitive Malaysian financer Jho Low through donors to former President Barack Obama's 2012 reelection campaign.
>It is alleged that from June to November of 2012, Low directed more than $21.6million from foreign accounts to Michel's accounts in order to funnel money into Obama's 2012 campaign.
>Michel then supposedly used the money to pay 20 donors to pass the money to the campaign in their names and hide its true origins.
https://www.rollingstone.com/music/music-news/leonardo-dicaprio-testifies-pras-michel-trial-1234708482/
>LEONARDO DICAPRIO TOOK the stand at the federal money laundering trial against Fugees member Pras Michel on Monday. The actor is one of 72 witnesses prosecutors prepped as potential witnesses for the government.
>DiCaprio, who is appearing as a witness for the prosecution, testified about the alleged exploits of Malaysian financier Jho Low. Low is accused of stealing $4.5 billion from Malaysia’s 1MDB sovereign wealth fund, and Michel is among those accused of assisting him, allegedly receiving $8 million (and as much as $40 million) for doing so.
>“I understood him to be a huge businessman with many connections,” DiCaprio told the court, according to the BBC. “He was a prodigy in the business world.”
>DiCaprio said he met Low at a party in Las Vegas in 2010. The pair were linked in various ways over the next few years, with DiCaprio saying Low frequently invited him (and other celebrities) to “a multitude of lavish parties.” Low also contributed to DiCaprio’s various charitable efforts, with the actor testifying that he regularly participated in auctions “to bring in funds” for his foundation. A firm tied to Low even fronted a significant amount of money to fund Martin Scorsese’s 2013 movie starring DiCaprio, The Wolf of Wall Street.
>The Fugees' Pras Michel is accused of funneling money from fugitive Malaysian financer Jho Low through donors to former President Barack Obama's 2012 reelection campaign.
>It is alleged that from June to November of 2012, Low directed more than $21.6million from foreign accounts to Michel's accounts in order to funnel money into Obama's 2012 campaign.
>Michel then supposedly used the money to pay 20 donors to pass the money to the campaign in their names and hide its true origins.
https://www.rollingstone.com/music/music-news/leonardo-dicaprio-testifies-pras-michel-trial-1234708482/
>LEONARDO DICAPRIO TOOK the stand at the federal money laundering trial against Fugees member Pras Michel on Monday. The actor is one of 72 witnesses prosecutors prepped as potential witnesses for the government.
>DiCaprio, who is appearing as a witness for the prosecution, testified about the alleged exploits of Malaysian financier Jho Low. Low is accused of stealing $4.5 billion from Malaysia’s 1MDB sovereign wealth fund, and Michel is among those accused of assisting him, allegedly receiving $8 million (and as much as $40 million) for doing so.
>“I understood him to be a huge businessman with many connections,” DiCaprio told the court, according to the BBC. “He was a prodigy in the business world.”
>DiCaprio said he met Low at a party in Las Vegas in 2010. The pair were linked in various ways over the next few years, with DiCaprio saying Low frequently invited him (and other celebrities) to “a multitude of lavish parties.” Low also contributed to DiCaprio’s various charitable efforts, with the actor testifying that he regularly participated in auctions “to bring in funds” for his foundation. A firm tied to Low even fronted a significant amount of money to fund Martin Scorsese’s 2013 movie starring DiCaprio, The Wolf of Wall Street.
