▲ | _hl_ 6 hours ago | |
For anyone else confused by what actually happened, here is a summary compiled from various sources around the conviction and the related 1MDB scandal: --- Jho Low, a Malaysian financier, masterminded one of the largest embezzlement scandals in history through 1Malaysia Development Berhad (1MDB), a sovereign wealth fund intended to spur economic development. Over $4.5 billion was siphoned from the fund to finance a lavish lifestyle, high-profile investments, and extensive political influence campaigns. Fleeing justice in Malaysia, Low focused on cementing his power in the U.S., including efforts to influence the political landscape and suppress investigations into his crimes. Pras Michel, a founding member of the hip-hop group Fugees, became entangled in Low's schemes, leading to his conviction on 10 criminal counts. Michel first met Low in 2006, and by 2012, he was a key player in Low’s efforts to use his ill-gotten wealth to influence U.S. politics. Low funneled $20 million to Michel to gain access to then-President Barack Obama’s re-election campaign. Knowing direct contributions from foreign nationals were illegal, Michel orchestrated a scheme using straw donors and political committees to route Low’s money into the campaign. Michel also used funds to buy seats at fundraising events and pressured wealthy acquaintances to participate. By 2017, Michel’s involvement deepened as he acted on behalf of both Low and the Chinese government without registering as a foreign agent. In exchange for millions, Michel attempted to influence the Trump administration to drop the U.S. investigation into Low and to extradite Chinese dissident Miles Guo, a target of Beijing. These actions violated federal law, which requires registration for such foreign lobbying efforts. Michel was also convicted of laundering millions of dollars tied to the 1MDB embezzlement and attempting to obstruct justice by pressuring straw donors to support his version of events during the investigation. The trial revealed Michel’s use of burner phones to contact witnesses, an act he later admitted was misguided. His defense argued that Michel was unaware of the legal boundaries and acted on bad advice from his attorney, including the use of artificial intelligence to craft his closing argument—a controversial decision. The prosecution presented Michel as a knowing participant in a broader conspiracy to influence U.S. politics and aid foreign interests. Testimony from high-profile witnesses, including actor Leonardo DiCaprio and former Attorney General Jeff Sessions, underscored the scale of the scheme. Michel was ultimately convicted of conspiracy, campaign finance violations, acting as an unregistered foreign agent, money laundering, and witness tampering. | ||
▲ | maxglute 5 hours ago | parent [-] | |
>extradite Chinese dissident Miles Guo, a target of Beijing Who let's not forget, would go on to hang with Steve Bannon during the Trump years and use influence to build up scams to defraud 1,000s of gullible anti-PRC Americans (and others) out of a billion with a B dollars - he was the fraudster CCP claimed he was all along (scammed banks in PRC), albiet a connected one with some limited insight into old CCP drama, hence US treated him as valuble anti CCP dissident. Truly top kek leopardsatemyface development that no one would have forseen. |