DiCaprio’s associate stated in 2017 that the star had actually just recently started procedures to move ownership of the Picasso to the U.S. federal government which he likewise returned Brando’s Oscar, Reuters reported. In addition, Low’s associate released an emailed declaration, stating the Justice Department was continuing its “inappropriate efforts” to take properties which its current activity marked a “further example of global overreach in pursuit of a deeply flawed case,” the outlet stated.
In 2018, federal district attorneys charged Low for conspiracy to dedicate cash laundering, bribery and circumvention of accounting controls for apparently masterminding the embezzlement of $4.5 billion from 1MBD.
The very same year, Red Granite reached a contract with district attorneys to pay $60 million to the U.S. federal government in order to deal with claims that it benefited from the corruption scandal, Variety reported, including that under the offer, it did not confess to any misbehavior.
Also in 2018, DiCaprio provided secret testament to a Washington, D.C. grand jury to affirm as part of the Justice Department’s examination into the scandal, individuals knowledgeable about the case informed the Washington Post, including the star was not a target of the probe.
Michel’s trial is set to start March 2023.
