Gov't Goes After Another $540M In Assets In 1MDB Scheme

By Jack Newsham (June 15, 2017, 7:51 PM EDT) -- The federal government dramatically expanded its efforts to seize assets linked to a sprawling corruption scheme surrounding the sovereign wealth fund 1Malaysia Development Bhd. on Thursday, asking a California federal court for permission to seize $540 million worth of goods including a $250 million yacht, a Picasso painting and jewelry given to the supermodel Miranda Kerr and the wife of a top Malaysian government official....

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