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

Law360, New York (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.

In a dozen new forfeiture cases, prosecutors described how money embezzled from sovereign wealth fund 1Malaysia Development Bhd. allegedly wound its...
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Case Information

Case Title

United States of America v. Certain Rights To and Interests In The Viceroy Hotel Group


Case Number

2:17-cv-04438

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017


Case Title

United States of America v. All Rights to and Interests in The Motion Pictures Daddys Home and Dumb and Dumber to Belonging To Red Granite Pictures


Case Number

2:17-cv-04439

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017


Case Title

United States of America v. One Metropolis Poster


Case Number

2:17-cv-04440

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017


Case Title

United States of America v. All Right and Title to the Yacht M Y Equanimity


Case Number

2:17-cv-04441

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017


Case Title

UNITED STATES OF AMERICA, v. Real Property Located in New York, New York


Case Number

2:17-cv-04442

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Date Filed

June 15, 2017


Case Title

United States of America v. One Painting Entitled Nature Morte Au Crane De Taureau by Pablo Picasso et al


Case Number

2:17-cv-04443

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017


Case Title

United States of America v. Real Property Located in New York, New York


Case Number

2:17-cv-04444

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017


Case Title

United States of America v. One 18-Carat White Gold Diamond Jewelry Set et al


Case Number

2:17-cv-04445

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017


Case Title

United States of America v. Certain Rights To and Interests In Shares of Series D Preferred Stock in Palantir Technologies


Case Number

2:17-cv-04446

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017


Case Title

United States of America v. Certain Rights and Interests in the Electrum Group


Case Number

2:17-cv-04447

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017


Case Title

United States of America v. All Rights To and Interests In The Shares of Flywheel Common Stock Held or Acquired by FW Sports Investments LLC


Case Number

2:17-cv-04448

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017


Case Title

United States of America v. One Pair of Diamond Earrings and Matching Diamond Ring


Case Number

2:17-cv-04449

Court

California Central

Nature of Suit

Forfeit/Penalty: Other

Judge

Dale S. Fischer

Date Filed

June 15, 2017

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