![]() The DOJ reached a $700 million settlement with Low and a $60 million settlement with Red Granite.īecause of all this, Belfort says the company is now too scared to try to further monetize the rights, and he’s asking a California federal judge to void their contract. Department of Justice filed a record-setting $1 billion forfeiture complaint, which sought, among other things, all future profits from the film. Authorities also discovered more than $4.5 billion was taken from the fund by Jho Low, who was later linked to Red Granite, and other high-level officials. Aziz, Razak and Low (currently a fugitive) are all facing potential jail time in Malaysia. The rights were purchased and the film was funded with cash from the 1Malaysia Development Berhad, known as 1MDB, according to the complaint. Red Granite co-founder Riza Aziz is the stepson of embattled former Malaysian Prime Minister Najib Razak, who is accused of siphoning $700 million from the government-run 1MDB fund into his personal bank accounts. ![]() ![]() ![]() Since he signed over his rights in 2011, he’s learned that wasn’t the case. Belfort says he was told Red Granite was financed by legitimate high-net-worth individuals and companies, including Goldman Sachs. ![]()
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