The Fugees co-founder faces up to 20 years in prison
The co-founder of Fugees, Pras Michel, was convicted of his involvement in a ring involved in laundering billions of dollars in Malaysia. The court found Pras guilty of ten charges, including violations of campaign finance rules, money laundering, illegal lobbying and witness tampering.
The American rapper, singer and songwriter faces up to 20 years in prison.
The case concerns Low Taek Jho, also known as “Jho Low”, a fugitive businessman who has been accused of embezzling $4.5 billion from a Malaysian sovereign wealth fund known as 1Malaysia Development Berhad (1MDB).
Michel allegedly acted on behalf of Jho, without registering on the relevant list of the US Department of Justice (Foreign Agents Registration Act), where it is mandatory to register all those who represent foreign countries and third party interests in America.
He also tried to influence two different presidencies by pouring millions of dollars into Barack Obama’s 2012 re-election campaign and lobbying Donald Trump’s administration to drop a Justice Department investigation into 1MDB. He was also reportedly paid tens of millions of dollars for his services.
Actor Leonardo DiCaprio testified at Michel’s trial, who spoke of how Low used some of the embezzlement proceeds to finance Martin Scorsese’s 2013 film, “The Wolf of Wall Street,” as part of a broader effort to gain influence in Hollywood. Low also gave money to DiCaprio’s environmental foundation. The actor said he cut off all contact with Low in 2015 after discovering the illegal sources of his money.
Source :Skai
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