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DiCaprio to co-operate in probe into Malaysia's 1MDB scandal
Source: BBC
DiCaprio to co-operate in probe into Malaysia's 1MDB scandal
19 October 2016 Business
Leonardo DiCaprio has offered to help US authorities in their corruption probe into Malaysia's state fund 1MDB.
Both the Hollywood actor's charity foundation and his movie The Wolf of Wall Street have allegedly received money siphoned off the Malaysian fund.
The US hopes to seize more than $1bn (£761m) in assets related to the fund.
The Justice Department filed a civil suit to seize luxury real estate, artwork and other assets purchased with allegedly stolen funds from 1MDB.
A spokesman for Mr DiCaprio said his charitable foundation would return gifts or donations if they were found to have come from the fund.
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19 October 2016 Business
Leonardo DiCaprio has offered to help US authorities in their corruption probe into Malaysia's state fund 1MDB.
Both the Hollywood actor's charity foundation and his movie The Wolf of Wall Street have allegedly received money siphoned off the Malaysian fund.
The US hopes to seize more than $1bn (£761m) in assets related to the fund.
The Justice Department filed a civil suit to seize luxury real estate, artwork and other assets purchased with allegedly stolen funds from 1MDB.
A spokesman for Mr DiCaprio said his charitable foundation would return gifts or donations if they were found to have come from the fund.
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Read more: http://www.bbc.com/news/business-37700744
