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Feds Seize Luxury Watches, Art, Memorabilia From 'Wolf of Wall Street' Producer
Wolf of Wall Street producer Joey McFarland handed over a trove of movie memorabilia including vintage posters from Hollywood classics King Kong and Cool Hand Luke as well as a drawing by Jean-Michel Basquiat as the U.S. government continues to reclaim items alleged to have been purchased via money stolen from Malaysia's scandal-plagued 1MDB sovereign wealth fund.
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McFarland, in tandem with Riza Aziz, established Red Granite Pictures in 2010. The company went on to finance and produce a string of Hollywood movies, including Scott Cooper's Out of the Furnace, Alexandre Aja's Horns and most notably Martin Scorsese's Wolf of Wall Street, which starred Leonardo DiCaprio and made $392 million at the global box office.
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Aziz, the stepson of the now disgraced former Malaysian Prime Minister Najib Razak, was arrested in Kuala Lumpur on July 4 and charged with five counts of money laundering from Good Star Ltd., a company linked to Low. He faces up to 25 years in prison if found guilty of the charges and is currently out on bail.
The charges against Aziz claim he laundered US$248 million into a U.S. (Red Granite Productions Inc.) and a Singapore (Red Granite Capital Ltd.) bank account between 2010 and 2012.
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Red Granite last year paid out $60 million to settle a claim that the company had financed the box office hit "Wolf of Wall Street" with cash siphoned from 1MDB. |
https://www.hollywoodreporter.com/news/feds-seize-luxury-watches-art-memorabilia-red-granite-founder-1224799
Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn!
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