The family members of a Malaysian financier at the center of a $3.5 billion money-laundering case involving the film “The Wolf of Wall Street” have asked to intervene in hopes of asserting a claim over several high-priced hotels and condos in New York and California, a Bombardier jet and music royalties.
Four family members of Low Taek Jho, or Jho Low, stated in court papers that the trustee of their family trust has refused to make a claim for fear of being criminally liable as part of the case, in which the U.S. Justice Department has sought forfeiture of more than a dozen assets allegedly paid for through a scheme run out of Malaysia, including hundreds of millions of dollars held in bank accounts by several prominent law firms.
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