Wolf of Wall Street financier Jho Low seeks pardon from Donald Trump
4 hours ago
- #financial fraud
- #Jho Low
- #1MDB scandal
- Fugitive Malaysian financier Jho Low, key in the 1MDB scandal, seeks a pardon from U.S. President Trump to clear U.S. criminal charges.
- Low faces charges for allegedly misappropriating over $4.5 billion from 1MDB, part of one of the world's largest financial frauds; he denies wrongdoing and his location is unknown.
- A U.S. pardon request for Low is pending; Malaysian officials oppose it and urge the U.S. to help locate him for investigation and asset recovery.
- Malaysia temporarily lifted an Interpol red notice against Low to facilitate asset returns; in 2019, the U.S. recouped about $1 billion in assets from him.