Thursday, June 15, 2017

DOJ Moves To Seize DiCaprio's Picasso, Rights To "Dumb and Dumber To" As Part Of 1MDB Case | Zero Hedge

DOJ Moves To Seize DiCaprio's Picasso, Rights To "Dumb and Dumber To" As Part Of 1MDB Case | Zero Hedge: As part of the ongoing money-laundering probe of Malaysia's sovereign wealth fund, 1MDB, which is perhaps best known for Goldman's enabling and participation in what may end up being one of the world's biggest, multi-billion, cross-border embezzlement schemes, on Thursday the DOJ moved to seize a Picasso and Basquiat paintings given to Leonardo DiCaprio, as well as rights to two Hollywood comedies, in complaints filed to recover about $540 million they say was "stolen" from 1MDB (with Goldman's help).

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