Wednesday 24 Apr 2024
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LOS ANGELES (March 7): The producer of the "Wolf of Wall Street" agreed to pay $60 million to settle claims it financed the movie with money siphoned from a Malaysian state investment fund.

The settlement between the U.S. Justice Department and Red Granite Pictures Inc., which was co-founded by a stepson of Malaysian Prime Minister Najib Razak, also covers U.S. forfeiture claims against the producer’s rights and interests in two other pictures, “Daddy’s Home” and “Dumb and Dumber To.”

The case is U.S. v. “Wolf of Wall Street,” 16-05362, U.S. District Court for the Central District of California.
 

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