The government is also seeking to seize those properties.Īs part of the case, the government has also taken possession of three artworks that Low and an associate gifted to Leonardo DiCaprio, the star of “The Wolf of Wall Street.” DiCaprio also agreed to turn over an Oscar that had been awarded to Marlon Brando, and which Red Granite had given him as a gift. Aziz was also accused of using stolen funds to buy luxury real estate, including a $35 million condominium in New York, a $41.8 million London townhouse, and a $17.5 million mansion in Beverly Hills. That will continue until the $60 million is paid in full.Īziz has claimed that he never knowingly used stolen funds for his film projects. The film version of The Wolf of Wall Street brought Belfort a new degree of pop culture recognition and helped. Under the terms of the settlement, Aziz is not drawing any salary from Red Granite above what is required to maintain health insurance coverage. A second book, Catching the Wolf of Wall Street, was published in 2009. Red Granite can apply to receive some of the Paramount funds early, but only if for “ordinary course” transactions.
The balance of the Paramount funds will be released to the company upon full payment of the forfeiture. After the first forfeiture payment of $30 million, the government will release $3 million of the Paramount funds to Red Granite, to cover its operating expenses for the following 180 days. While the case has been pending, Paramount Pictures has held Red Granite’s profits from “Daddy’s Home.” Under the agreement, Paramount will transfer that amount to an account controlled by the government. The agreement provides that Red Granite will make the forfeiture payment in three installments: $30 million within 30 days, $20 million within the next 180 days, and the final $10 million within 180 days after that. Three men have the nickname The Wolf of Wall Street however, Martin Scorsese’s new movie, The Wolf of Wall Street is based on the life of one Wolf in particular Jordan Belfort.Throughout the 1980’s, Jordan Belfort worked at several brokerage firms and once he saved enough money, he started his own firm on Long Island, New York Stratton Oakmont.
Prosecutors alleged that he used more than $100 million taken from 1MDB to finance “The Wolf of Wall Street,” “Dumb and Dumber To” and “Daddy’s Home.” Riza Aziz, the CEO of Red Granite, is the stepson of Malaysia’s prime minister and a close friend of Low’s.