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Podcasts The Frame
Feds move to seize 'Wolf of Wall Street' assets from Red Granite Pictures
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The Frame Tile
Jul 21, 2016
Listen • 5:14
Feds move to seize 'Wolf of Wall Street' assets from Red Granite Pictures
While accepting his Golden Globe award in 2014, Leonardo DiCaprio thanks "Joey, Riz and Jho" from his "Wolf of Wall Street" production team.
Leonardo DiCaprio plays Jordan Belfort in THE WOLF OF WALL STREET, from Paramount Pictures and Red Granite Pictures.
Leonardo DiCaprio plays Jordan Belfort in THE WOLF OF WALL STREET, from Paramount Pictures and Red Granite Pictures.
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Photo credit: Mary Cybulski
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Leonardo DiCaprio in Martin Scorsese's "Wolf of Wall Street."
Leonardo DiCaprio in Martin Scorsese's "Wolf of Wall Street."
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Paramount
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While accepting his Golden Globe award in 2014, Leonardo DiCaprio thanks "Joey, Riz and Jho" from his "Wolf of Wall Street" production team.

While accepting his Golden Globe award in 2014, Leonardo DiCaprio thanks "Joey, Riz and Jho" from his "Wolf of Wall Street" production team.

https://youtu.be/0E1gaVl99AQ?t=2m17sNow, the movie about duplicity in the financial markets is itself targeted in a lawsuit titled: The United States of America versus “The Wolf of Wall Street.” And the three men DiCaprio thanked during the Golden Globes are at the center of the legal action.

The U.S. government is seeking all future income from the film.  The Department of Justice alleges that Red Granite Pictures, which made “The Wolf of Wall Street,” used more than 100 million dollars of funds unlawfully diverted from the Malaysian government to make the Martin Scorsese movie.

The U.S. government says the movie was part of a more than $3 billion misappropriation of money that was supposed to develop Malaysia's business profile.

The Department of Justice singled out Red Granite principals Joey McFarland and Riza Aziz — who is the stepson of the Malaysian Prime Minister. It also named is Jho Low, a Malaysian financier. None have been charged, and Aziz and Low have denied any wrongdoing.

For more about this complex case we dialed up Eriq Gardner, senior editor for the Hollywood Reporter for an explanation of the US government’s claim.

Listen to the interview to hear more, and read the full complaint below:

http://www.wsj.com/public/resources/documents/1MDB-Filing-07-20-2016.pdf