"To Red Granite’s knowledge, none of the funding it received four years ago was in any way illegitimate and there is nothing in today’s civil lawsuit claiming that Red Granite knew otherwise. When asked for comment, Red Granite responded with the following statement: DiCaprio is being compelled to testify in that case. This imbroglio isn’t to be confused with the other legal trouble Wolf’s producers are facing: a defamation suit brought by a onetime Stratton Oakmont exec who says the film irrefutably damaged his reputation. Perhaps after the seizure, Low will be able to sleep in his pal’s guest house, where he might be able to visit another one of his lavish purchases: the best-actor Oscar that Marlon Brando won for On the Waterfront, which Low reportedly bought for $600,000 and gave to DiCaprio as a birthday present in 2012-four years before DiCaprio won some hardware of his own. That’s going to make for an awkward block party. His assets are expected to be seized along with Aziz’s-properties and purchases that include Jay Z and Beyoncé’s old Manhattan penthouse, a 1982 Jean-Michel Basquiat painting Low purchased for $48.8 million, and Ricardo Montalban’s former Hollywood Hills estate, which just happens to be in the same neighborhood as DiCaprio’s own home. Low, who got a special “thank you” in the credits of Wolf of Wall Street, is under investigation as well. (Aziz told The New York Times in 2014 that the money came from Mohamed Ahmed Badawy Al-Husseiny, an Abu Dhabi–based businessman.) could certainly help explain how Red Granite, which started out by financing the tiny 2011 indie Friends with Kids (made for less than $10 million), suddenly had $100 million available to pour into Wolf the next year. Part of the paper trail led, unbelievably enough, to Red Granite-which actually isn’t so unbelievable, considering that one of the production company’s co-founders, Riza Aziz, is Razak’s stepson.Ī sudden infusion of funds from 1.M.D.B. It was discovered in early 2015 that billions of dollars-the reported amount varies, though it’s allegedly as much as $7 billion-had mysteriously gone missing from the fund a variety of investigations set forth to determine what happened to the money, including one spearheaded by the U.S. The general gist is that Razak set up a strategic state fund called 1Malaysia Development Bhd-or 1.M.D.B.-when he took office in 2009. Why is Red Granite in such hot water? It’s a sordid tale of international money laundering, fancy real estate, priceless art, and, in a twist worthy of Zoolander, the Malaysian prime minister, Najib Razak. history, according to the Journal The Hollywood Reporter indicates that it will likely top the $1 billion mark. (The news, appropriately, was first published in The Wall Street Journal.) The suit could include one of the largest asset seizures in U.S. Here’s the Wolf of Wall Street sequel you didn’t know you wanted: federal prosecutors are expected to file major lawsuits Wednesday against Red Granite Pictures, the production company behind 2013’s smash hit about finance bros behaving badly.
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