Latest in Red Granite

EXCLUSIVE: UK sales outfit Dogwoof has picked up world sales rights to doc The Kleptocrats about the scandal surrounding the Malaysian wealth fund 1MDB, whose embezzlement sparked a major international corruption investigation and was linked by U.S. authorities to the funding of Red Granite movies including The Wolf Of…

Former Malaysian prime minister Najib Razak has been arrested by anti-corruption investigators and will be charged over his alleged role in the multi-billion-dollar embezzlement of a state investment fund linked to the financing of 2013 Hollywood hit The Wolf Of Wall Street. A government task force said Najib's…

The Wolf of Wall Street producer Riza Aziz has been summoned to appear on Tuesday before the Malaysian Anti-Corruption Commission, according to multiple reports out of the country. Aziz is CEO of Red Granite Pictures and stepson of former Malaysian Prime Minister Najib Razak. Both Red Granite and Razak have…

Wolf of Wall Street producer Red Granite has agreed to forfeit $60 million to the U.S. government as part of a federal investigation involving a fund known as 1 Malaysia Development Berhad, or 1MDB. When the terms are met, the deal will put to an end to the film company’s exposure. As per the agreement filed today (rea…

Red Granite Pictures, the Hollywood financier and producer of Oscar-nominated The Wolf of Wall Street and other movies, has reached a settlement with the U.S. government for a portion of a wide-ranging federal investigation involving a fund known as 1 Malaysia Development Berhad, or 1MDB. Deadline was the first to…

UPDATED with statements from Red Granite and DiCaprio reps: The U.S. Attorney’s Office’s Money Laundering and Asset Recovery Section has outlined the tangled web of money laundering and the ill-gotten finances that were funneled into Red Granite and used to fund Hollywood films. In a government filing today, the DOJ…

A rainforest preservation charity has called upon Leonardo DiCaprio to step down from his role as a UN Messenger of Peace for climate change unless he cuts ties with Red Granite co-founder Riza Aziz and Malaysian financier Jho How, who are linked to an international money laundering scheme. Speaking at a press…

It was inevitable and the Department of Justice signaled as much in their press conference last month when it was asked about whether investment banker Goldman Sachs would be investigated for establishing bonds for the controversial Malaysian 1MDB the money of which was allegedly misspent going into to fund Red Granite…

Authorities in Singapore and Switzerland have seized assets connected to Malaysian businessman Jho Low. He is at the center of yesterday’s Department of Justice filing that also alleges Red Granite, a company that Low helped to finance through his alleged friendship with Riza Aziz, was used to launder funds illegally…

UPDATE with Red Granite statement: “To Red Granite's knowledge, none of the funding it received four years ago was in any way illegitimate and there is nothing in today's civil lawsuit claiming that Red Granite knew otherwise. Red Granite continues to cooperate fully with all inquiries and is confident that when the…

UPDATE, 6:28 AM: The Justice Department just filed a 136-page civil complaint (read it here) charging The Wolf Of Wall Street producer Red Granite Pictures with participating in “an international conspiracy to launder money” tied to an investment and development company owned by the government of Malaysia. Although…

UPDATED, 7:39 PM: Red Granite, the producer of The Wolf of Wall Street, is now said to be cooperating with a federal investigation into its money relationships (Deadline broke the news of the subpoenas and federal probe earlier this year). The Wall Street Journal today reported that Red Granite is cooperating with the…