Leonardo DiCaprio has had to turn over his Oscar because of a major international criminal investigation. Click through the gallery for all the info.
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Leo, 44, won his first Oscar for 2015’s The Revenant. That’s not the statue that he had to return, though.
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The Titanic actor also had Marlon Brando’s 1954 Oscar for On The Waterfront.
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It was a gift from Malaysian financier Jho Low, who bought it for $600,000 from a film memorabilia dealer. Jho met the Aviator star when he funded The Wolf of Wall Street.
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Photo credit: MEGA
Leo’s problem is that Jho is accused of committing massive fraud. According to the
New York Times, prosecutors say he helped siphon billions of dollars from a Malaysian government investment fund, then went on a colossal spending spree.
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Photo credit: MEGA
So the government is seizing his assets and items he gave as gifts, like Leo’s Oscar. Jho also gave Leo a painting by Pablo Picasso and a collage by Jean-Michel Basquiat. He turned them all over and it’s believed they’ll be sold off.
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Photo credit: MEGA
But the government is out of luck if they try to sell Brando’s Oscar. The Academy has the right to buy it back for just $1.
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Photo credit: INSTARImages
According to the
Times, some of the laundered money helped fund films like
The Wolf of Wall Street and
Daddy’s Home. Some believe Leo should
turn over his earnings from the film as well as the gifts.
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Photo credit: MEGA
Jho is currently a fugitive. Authorities believe he’s hiding out in China.
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Photo credit: INSTARImages
Do you think Leo should turn over the money he made from the film Jho funded? Sound off in the comments!
Leo, 44, won his first Oscar for 2015’s The Revenant. That’s not the statue that he had to return, though.
Photo credit: INSTARImages
The Titanic actor also had Marlon Brando’s 1954 Oscar for On The Waterfront.
Photo credit: INSTARImages
It was a gift from Malaysian financier Jho Low, who bought it for $600,000 from a film memorabilia dealer. Jho met the Aviator star when he funded The Wolf of Wall Street.
Photo credit: INSTARImages
Leo’s problem is that Jho is accused of committing massive fraud. According to the
New York Times, prosecutors say he helped siphon billions of dollars from a Malaysian government investment fund, then went on a colossal spending spree.
So the government is seizing his assets and items he gave as gifts, like Leo’s Oscar. Jho also gave Leo a painting by Pablo Picasso and a collage by Jean-Michel Basquiat. He turned them all over and it’s believed they’ll be sold off.
But the government is out of luck if they try to sell Brando’s Oscar. The Academy has the right to buy it back for just $1.
According to the
Times, some of the laundered money helped fund films like
The Wolf of Wall Street and
Daddy’s Home. Some believe Leo should
turn over his earnings from the film as well as the gifts.
Photo credit: INSTARImages
Jho is currently a fugitive. Authorities believe he’s hiding out in China.
Do you think Leo should turn over the money he made from the film Jho funded? Sound off in the comments!
Photo credit: INSTARImages
