Posted inCrime

Diamonds, Picasso art, a mega-yacht, movie rights: Feds allege $540 million Malaysian corruption scam, call it ‘extravagant web of lies and bogus transactions’

The Justice Department Thursday filed complaints seeking the forfeiture and recovery of about $540 million in assets associated with an international conspiracy to launder funds misappropriated from a Malaysian sovereign wealth fund. When combined with civil forfeiture complaints filed last year that seek more than $1 billion and civil forfeiture complaints filed last week that […]