Leo DiCaprio’s Charity Will Reportedly Return Over $1 Million in Donations from Shady Malaysian Fund
This summer, Leonardo DiCaprio’s charity was publicly linked to a multibillion-dollar scandal by the Department of Justice. Now, as pressure from the international community mounts, the A-lister’s non-profit has released a statement explaining that they intend to return some of the funds in question:
“Several months ago in July, Mr. DiCaprio first learned through press reports of the government’s civil action against some of the parties involved in the making of The Wolf of Wall Street,” the statement says, via The Hollywood Reporter.
“He immediately had his representatives reach out to the Department of Justice to determine whether he or his foundation, the Leonardo DiCaprio Foundation (LDF), ever received any gifts or charitable donations directly or indirectly related to these parties and if so, to return those gifts or donations as soon as possible. All contact was initiated by Mr. DiCaprio [sic] and LDF.”
According to the New York Post, DiCaprio’s charity will be returning more than $1 million in funds from 1MDB, a Malaysian sovereign wealth fund, which has served as the personal piggy bank for Jho Low, a well-known playboy who has close ties with the movie star.
According to THR, the statement explains that DiCaprio hasn’t commented on the case up until now “out of respect for its ongoing investigation, which has touched many charities, hospitals, and individuals, who may have been unwitting recipients of funds now in question.”