I somehow hadn’t heard about this one, but seriously, this is just... I have no words.
But the part that has completely blown my mind, ... Jho Lo is a fugitive!
Federal law enforcement in this country has become a total laughing stock. High profile arrests/pleas for process crimes and 7-day sentences after multi-million dollar investigations, and then this.
Where was Treasury? Where was FinCEN? Where were the Feds?
To say nothing of the apparently hundreds of people implicated in receiving stolen property. If you receive gifts worth millions of dollars which was stolen money, I mean are they even trying to claw back any of these millions from the “stars” he lavished?
To say nothing of the investors who actually bought the bonds of the now bankrupt fund?
“A billion here, a billion there, eventually you’re talking about real money.”
This guy is a financial terrorist. If you can’t extradite him, legally designate him an enemy combatant and take him out with a Hellfire.
> are they even trying to claw back any of these millions from the “stars” he lavished?
They did:
> Australian supermodel Miranda Kerr has turned over jewelry worth $8.1 million to the U.S. Department of Justice that she received from an ex-boyfriend, Malaysian businessman Low Taek Jho, in 2014.
> Leonardo DiCaprio has already turned over a Picasso painting worth $3.2 million that he received as a birthday gift from Low as well as a Jean-Michel Basquiat collage valued at $9 million, both of which were listed in the June court filing.
Apologies. I started reading, realized I had no idea what this story was about and ended up reading the background story linked by empath75. By that point I was fuming and back here writing my comment. RTFA fail.
But the part that has completely blown my mind, ... Jho Lo is a fugitive!
Federal law enforcement in this country has become a total laughing stock. High profile arrests/pleas for process crimes and 7-day sentences after multi-million dollar investigations, and then this.
Where was Treasury? Where was FinCEN? Where were the Feds?
To say nothing of the apparently hundreds of people implicated in receiving stolen property. If you receive gifts worth millions of dollars which was stolen money, I mean are they even trying to claw back any of these millions from the “stars” he lavished?
To say nothing of the investors who actually bought the bonds of the now bankrupt fund?
“A billion here, a billion there, eventually you’re talking about real money.”
This guy is a financial terrorist. If you can’t extradite him, legally designate him an enemy combatant and take him out with a Hellfire.