Translate
24 January 2020
Najib's stepson Riza Aziz sued for allegedly deceiving him about the source of funds used to finance the movie
Man behind ‘Wolf of Wall Street’ goes after Riza Aziz for fraudulent financing
Friday, 24 Jan 2020 01:05 PM MYT
By Justin Ong
Cast member Leonardo DiCaprio arrives for the premiere of the film adaptation ‘The Wolf of Wall Street’ in New York December 17, 2013. Former stockbroker Jordan Belfort is suing former prime minister Datuk Seri Najib Razak’s stepson, Riza Shahriz Abdul Aziz, for allegedly deceiving him about the source of funds used to finance the movie. — Reuters pic
KUALA LUMPUR, Jan 24 — Former stockbroker Jordan Belfort has sued former prime minister Datuk Seri Najib Razak’s stepson, Riza Shahriz Abdul Aziz, in the US for allegedly deceiving him about the source of funds used to finance the Wolf of Wall Street movie.
Belfort, whose criminal enterprise was the basis of the award-winning Martin Scorsese movie, is seeking US$300 million (RM1.22 billion) in damages from Riza.
According to the LA Times news site, Belfort said he and others have suffered as a result of allegations that the movie’s funds came from money allegedly misappropriated from 1MDB in Malaysia.
Belfort filed his lawsuit in Los Angeles, California yesterday, naming Red Granite Pictures as the respondent.
Riza co-founded Red Granite Pictures that financed Wolf of Wall Street, but is now on trial here in Malaysia for money laundering over the same funds.
His stepfather, Najib, is also facing a litany of criminal charges related to the 1MDB corruption scandal.
“Belfort is significantly damaged by Red Granite’s tainting of his book/story rights, coupled with Red Granite’s inability and/or refusal to exploit and maximise the rights acquired from Belfort as required by contract, due to the highly publicised scandal and amid the allegations of their direct involvement,” LA Times reported citing Belfort’s complaint,
Belfort claimed that the scandal prevented him from pursuing another movie deal based on a continuation of his life story as contained in a follow-up book titled Catching the Wolf of Wall Street.
The former stockbroker was convicted in 1999 of securities fraud, after leading a flamboyant life using the money earned from various stock manipulation schemes and pump-and-dump techniques.
He was sentenced to 22 months’ imprisonment in a plea deal that included him testifying against his former accomplices and employees.
Red Granite Pictures’ legal representative responded to the suit with derision.
“Jordan Belfort’s lawsuit is nothing more than a desperate and supremely ironic attempt to get out from under an agreement that for the first time in his life made him rich and famous through lawful and legitimate means,” the firm’s lawyers were quoted as saying.
Red Granite was among entities named in the US anti-kleptocracy action related to 1MDB and voluntarily surrendered US$57 million to the country’s Justice Department in a settlement deal.
Popular Posts - Last 7 days
-
Pastor didakwa bunuh, simpan mayat ibu dalam peti sejuk beku Astro Awani 26/11/2024 Deanesh didakwa di bawah Seksyen 302 Kanun Keseksaan ya...
-
Woman hit by car at pedestrian crossing while chasing young boy dashing across road image: http://www.thestar.com.my/~/medi...
-
DHL cargo plane crashes in residential area 25/11/2024 Initial reports indicated that there were four people on board the ill-fated plane ...
-
Malaysia to become leading hub for green investments, drive sustainable growth Astro Awani 20/11/2024 Minister of Housing and Local Governme...
-
Malaysian man to be publicly caned at mosque for Islamic crime of close proximity Reuters 21/11/2024 A sharia court judge in the northeaster...
Popular Posts - Last 30 days
-
CNN CBS AP BBC US PRESIDENTIAL ELECTIONS LIVE RESULTS: https://edition.cnn.com/election/2024/results/president?elec...
-
Kadar jangka pendek diunjurkan kekal kukuh disokong operasi BNM Bernama 04/11/2024 Hari ini, BNM akan menawarkan dua tender repo berbalik m...
-
Ringgit advances as domestic optimism offsets US rate concerns Bernama 18/11/2024 Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzani...
-
Sugar overload: A growing threat to kidney function Bernama 16/11/2024 Approximately 3.8 mln Malaysians suffer from chronic kidney disease, ...
-
Pastor didakwa bunuh, simpan mayat ibu dalam peti sejuk beku Astro Awani 26/11/2024 Deanesh didakwa di bawah Seksyen 302 Kanun Keseksaan ya...
-
Lyia Meta, the first Malaysian singer nominated in the Grammy Awards Astro Awani 11/11/2024 Lyia Meta continues to strengthen her position...
-
TikTok gives assurance to cooperate with MCMC, BNM to address cyberbullying, scams Bernama 14/11/2024 PM Datuk Seri Anwar Ibrahim meeting w...
-
The King of Spain was mocked, pelted with mud and eggs by flood victims Agency 04/11/2024 07:15 MYT King Felipe VI (with an umbrella) is pr...
Blog Archive
-
▼
2020
(6800)
-
▼
Jan 2020
(347)
- A man who violently attacked his wife was arrested...
- Father and 3-year-old daughter burnt alive after t...
- On IGP's Admission he knows the whereabouts of the...
- A masseur and an e-hailing driver charged for supp...
- A storekeeper pleaded not guilty to the charge of ...
- English will once again be used to teach Math and ...
- Negri Sembilan strips RITZ Corporate Holding Bhd m...
- Fizow Kitchen in Bachok Kelantan gets top marks Fr...
- World Health Organization (WHO) declared the Coron...
- Bank clerk is the latest person to be questioned f...
- The 2011 Movie Contagion Is Getting A Huge View Bo...
- Great work by Plainclothes Policemen as they arres...
- Special task force set up to bring back Malaysians...
- Company chairman among eight charged with drug tra...
- A lion dancer has been arrested for allegedly rapi...
- CoronaVirus: 8th positive case in Malaysia confirm...
- Manchester City lost 1-0 to Manchester United but ...
- Police have arrested one of the suspects allegedly...
- The death toll rose to 170 in the new virus outbre...
- China’s Supreme People’s Court rebuked police for ...
- Australian man who sexually abused dozens of boys ...
- A tutor, two pharmacy assistants and a university ...
- Everyone on board a Malindo Air flight from Sabah ...
- Shah Alam turning into a ghost city?
- Passengers on some flights to China will have to m...
- Rival groups face off outside PKR HQ as Zuraida re...
- Media barred from covering trial involving cop acc...
- Sidang Media Perdana Menteri Tun Dr. Mahathir | 29...
- A Myanmar refugee was awarded RM1.7 million in dam...
- Be Careful What You Forward, Man arrested for spre...
- Malaysian Health Ministry confirmed three more cas...
- Police in fake news dragnet to curb Wuhan coronav...
- Bournemouth 1 - 2 Arsenal | FA Cup Highlights | As...
- Popular Ali Cafe Tomyam Seafood Restaurant illegal...
- Drug Lord in Penang has RM366mil worth of assets s...
- PKR secretary-general Datuk Seri Saifuddin Nasutio...
- Coronavirus Latest: Over 4,500 cases confirmed in ...
- Indonesia's Aceh unveils new female flogging squad
- IGP confirmed Baling MP Abdul Azeez Rahim called t...
- The RM520mil Movie Animation Park Studios (MAPS) w...
- Three people died and four were seriously injured ...
- Footballer suffered the ignominy of being shown th...
- A man survived a fall from the fifth storey of a s...
- 5 year-old girl sneaked out of Kemaman Hospital by...
- Johor’s TMJ breaks his silence on politics - ‘I to...
- Malaysian government has halted all visas for Chin...
- Police have recorded 138 deaths (94 motorcyclist) ...
- Grammy Awards 2020 Highlights
- Helicopter carrying NBA Legend Kobe Bryant, his da...
- Billie Eilish swept the Grammy Awards winning all...
- Who to blame for the situation at Manchester United?
- Jurgen Klopp will NOT manage or pick a senior play...
- Interesting Challenge for Bersatu Youth and Womens...
- Liverpool forced into a Replay With Shrewsbury Tow...
- CoronaVirus di Malaysia - Kes ke 5 disahkan di Bin...
- PM in waiting Anwar Ibrahim will not sue Muhammed ...
- CoronaVirus di Malaysia - Kes ke 5 disahkan di Bin...
- The driver in viral video hitting several vehicles...
- CoronaVirus Latest 27 January -Confirmed cases: At...
- The government is said to have picked the Naza-Ber...
- Sidang Media DPM Selepas Mesyuarat Khas Tergempar ...
- Lelaki China yang cuba memanjat dinding cermin di ...
- Tun Dr Mahathir Mohamad & Mukhriz kekal sebagai ke...
- Siblings 2 and 4 from China Quarantined in Langkaw...
- Malindo Air crews quarantined up to 14days in Zhen...
- 2020 CNY Acrobatic Lion Dance Performance @ Pavili...
- Coronavirus - Sidang media Perdana Menteri, Tun Dr...
- Police Arrested Two Men who assaulted bus driver a...
- Wuhan Coronavirus: Shantou A city 1000km from Wuha...
- Singapore police arrested a maid accused of scaldi...
- PM attends Chinese New Year Open Houses of Gerakan...
- Crowds throng Thean Hou temple
- FGV (Felda Global Ventures): MoU to set up halal p...
- Police raided a reflexology parlour here believed ...
- Budak Cina yang dijangkiti coronavirus ditahan sem...
- Kes keempat positif koronavirus dikesan di Malaysia
- 2 Year old Chinese toddler infected by coronavirus...
- Coronavirus: Fourth victim of Wuhan virus confirm...
- Tabung Haji (TH) will send out haj offer letters t...
- Mujahid must Investigate UMNO Youth expose - that ...
- 3 coronavirus cases detected in Malaysia - relati...
- Exotic food market in Wuhan the source of the high...
- PM: Be thankful for a strong independent economy ...
- A Doctor at a hospital in China's Hubei province, ...
- Man claimed trial to sodomising and molesting his ...
- Najib Razak was momentarily cornered during his RM...
- Najib's stepson Riza Aziz sued for allegedly dece...
- The International Court of Justice has ordered Mya...
- Ketika ujian memandu, Tiada lagi pegawai JPJ sebel...
- Couple come home to find robbers and car in the ca...
- Bank Negara’s decision to cut the Overnight Policy...
- Liverpool's Egyptian King Mo Salah vs Lovren: Luna...
- Huanggang has become the second Chinese city to go...
- What's Wuhan virus and how can it be dealt with?
- AirAsia and Malindo Air have cancelled flights to ...
- Wolverhampton 1 - 2 Liverpool | EPL Highlights | A...
- Ustaz Jatuh Atau Kena langgar? - Ustaz Azhar Idrus...
- School headmaster in Thailand was arrested on susp...
- Najib says Difficult to get Saudi royal family to ...
- Rakaman video pemandu Ford Ranger berusia 37 tahun...
-
▼
Jan 2020
(347)