The corruption surrounding 1MDB remains an international embarrassment for Goldman Sachs. And in 2020, they agreed to pay nearly $3 billion in connection to the scandal. Around $2.3 billion is a fine for violating the Corrupt Practices anti-bribery laws. The last restitution payment was made in June 2021.
Living in Luxury
The conspiracy netted the men a lavish lifestyle. Some of the pilfered money was even used to finance “The Wolf of Wall Street” a film starring Leonardo DiCaprio.
According to prosecutors Low used more than $8 million to purchase jewelry for celebrity Miranda Kerr. And to pay for an over-the-top Las Vegas birthday party where Britney Spears popped out of the cake.