WEBVTT - The Billion Dollar 1MDB Heist: Jho Low Meets Leo and Marty

0:00:00.480 --> 0:00:02.680
<v Speaker 1>Ridiculous crime. It's a production of iHeartRadio.

0:00:03.560 --> 0:00:05.440
<v Speaker 2>Elizabeth Dutton, Sarah Burnette.

0:00:05.480 --> 0:00:06.200
<v Speaker 3>What are you doing girl?

0:00:06.360 --> 0:00:09.399
<v Speaker 2>Just sitting here waiting for me, sitting in my own filth?

0:00:09.680 --> 0:00:11.799
<v Speaker 3>Nice? Do you like my filth?

0:00:11.960 --> 0:00:12.840
<v Speaker 2>I love your filth?

0:00:12.960 --> 0:00:15.560
<v Speaker 3>Heay, right back at you, girl, Thank you. I got

0:00:15.560 --> 0:00:18.960
<v Speaker 3>a question, not about your filth. The question is simple, straightforward,

0:00:19.000 --> 0:00:20.800
<v Speaker 3>right to the point. Do you know it's ridiculous.

0:00:20.840 --> 0:00:21.959
<v Speaker 2>I do know it's ridiculous.

0:00:22.120 --> 0:00:23.040
<v Speaker 3>Is it about your filth?

0:00:23.160 --> 0:00:26.400
<v Speaker 4>It is about my filth. It's about the filth that

0:00:26.480 --> 0:00:31.080
<v Speaker 4>I spread in the world. Oh, so, mashup's ridiculous. It's

0:00:31.160 --> 0:00:35.920
<v Speaker 4>ridiculous when rude dudes dip into the mashup pool, not

0:00:36.080 --> 0:00:40.520
<v Speaker 4>in suggestions, but in participation. We got an email from

0:00:40.640 --> 0:00:46.280
<v Speaker 4>rude dude Tom and it reads Terry ps. As an aside,

0:00:46.520 --> 0:00:49.760
<v Speaker 4>Terry the assistant actually forwarding emails around.

0:00:50.920 --> 0:00:51.400
<v Speaker 3>They're good.

0:00:51.920 --> 0:00:54.160
<v Speaker 2>Not to tell you, Terry. Oh ya, anyways, let me

0:00:54.200 --> 0:00:54.520
<v Speaker 2>read it.

0:00:55.040 --> 0:00:58.960
<v Speaker 4>Hi, Guys love the show. It's always entertaining. I'm a

0:00:59.120 --> 0:01:02.920
<v Speaker 4>native wiscons tonight and a lifelong PBR drinker.

0:01:03.520 --> 0:01:06.360
<v Speaker 2>Do with that what you will. Thanks to you.

0:01:06.560 --> 0:01:09.840
<v Speaker 4>I heard about the Grillos PBR and found some at

0:01:09.880 --> 0:01:12.720
<v Speaker 4>my local quick trip. What I have to say, it's

0:01:12.760 --> 0:01:15.800
<v Speaker 4>actually pretty good. I attached a picture of a nearly

0:01:15.880 --> 0:01:19.080
<v Speaker 4>finished can feel free to use this if you'd like.

0:01:19.160 --> 0:01:21.520
<v Speaker 4>Thanks for the mashup. And there's a picture of a

0:01:21.600 --> 0:01:23.480
<v Speaker 4>nearly finished can Wow.

0:01:23.720 --> 0:01:26.920
<v Speaker 3>Look at that. Tom a mash up team. And I

0:01:26.959 --> 0:01:29.479
<v Speaker 3>didn't even grimace once you took one for this because

0:01:29.520 --> 0:01:30.880
<v Speaker 3>you took one for the team.

0:01:31.280 --> 0:01:33.040
<v Speaker 2>Well, and I think it's interesting. He's like, he says,

0:01:33.040 --> 0:01:34.160
<v Speaker 2>it's actually pretty good.

0:01:34.240 --> 0:01:37.320
<v Speaker 3>Okay, So I trust him for Tom. Yeah, I was

0:01:37.360 --> 0:01:38.679
<v Speaker 3>like that, that sounds good for Tom.

0:01:39.280 --> 0:01:40.160
<v Speaker 2>I think that's awesome.

0:01:40.200 --> 0:01:42.479
<v Speaker 3>Thank you, Tom, honestly, thank you. That is good.

0:01:42.560 --> 0:01:44.440
<v Speaker 2>It's not only awesome, but you know what else it is?

0:01:44.640 --> 0:01:48.160
<v Speaker 2>What ridiculous? Oh yeah, there it is over to you, Zarin.

0:01:48.360 --> 0:01:51.360
<v Speaker 3>Okay, Well, Elizabeth, I want to talk to you about

0:01:51.440 --> 0:01:54.440
<v Speaker 3>something that near and dear to my heart. Marlon Brando

0:01:54.600 --> 0:01:57.640
<v Speaker 3>got an Oscar statuette for the Best Actor for his

0:01:57.720 --> 0:02:00.880
<v Speaker 3>starring roleing on the Waterfront, right okay and leaving the

0:02:00.920 --> 0:02:05.240
<v Speaker 3>whole like you know, Elia Cason, non American activities out

0:02:05.280 --> 0:02:07.880
<v Speaker 3>of it. I still love that movie, right, great film.

0:02:07.960 --> 0:02:12.080
<v Speaker 3>Leonardo DiCaprio used to own that Oscar really before he

0:02:12.080 --> 0:02:13.679
<v Speaker 3>had an oscar of his own before he won I

0:02:13.680 --> 0:02:16.400
<v Speaker 3>think for The Revenant or whatever. He had that oscar,

0:02:16.440 --> 0:02:17.960
<v Speaker 3>but sadly he no longer owns it.

0:02:18.000 --> 0:02:19.240
<v Speaker 2>Did he get it a yard sale?

0:02:19.360 --> 0:02:22.679
<v Speaker 3>No, and he didn't resell it. Instead, he was seized

0:02:22.919 --> 0:02:27.000
<v Speaker 3>by the Department of Justice, which means the US government

0:02:27.040 --> 0:02:30.000
<v Speaker 3>now owns Brando's oscar for on the waterfront.

0:02:30.160 --> 0:02:30.359
<v Speaker 2>What.

0:02:30.720 --> 0:02:33.640
<v Speaker 3>Yes, Elizabeth, this is all part of the story I

0:02:33.680 --> 0:02:37.440
<v Speaker 3>want to tell you today, the behind the scenes, real

0:02:37.480 --> 0:02:41.280
<v Speaker 3>life story, crime story no less of the Wolf of

0:02:41.280 --> 0:02:44.799
<v Speaker 3>Wall Street the movie. Oh there's a whole crime story

0:02:44.840 --> 0:02:48.440
<v Speaker 3>bigger than that one behind that movie, and it features

0:02:48.480 --> 0:03:14.440
<v Speaker 3>a man named Jolo Jolo. Yes, this is Ridiculous Crime,

0:03:14.520 --> 0:03:19.760
<v Speaker 3>a podcast about absurd and outrageous capers, heists, and cons.

0:03:20.120 --> 0:03:25.400
<v Speaker 3>It's always ninety nine percent murder free and one hundred

0:03:25.480 --> 0:03:31.800
<v Speaker 3>percent ridiculous. Elizabeth. Yes, Now, I've flirted be telling you

0:03:31.800 --> 0:03:33.520
<v Speaker 3>this one for a long time, you know, and well

0:03:33.560 --> 0:03:37.480
<v Speaker 3>today is finally that day we get into the rampant

0:03:37.560 --> 0:03:41.840
<v Speaker 3>international embezzling scheme that financed the Wolf of Wall Street.

0:03:42.200 --> 0:03:43.760
<v Speaker 4>Oh so you're not going to tell the story of

0:03:43.760 --> 0:03:46.080
<v Speaker 4>the dude who was Wolf of Jordan Belford.

0:03:46.120 --> 0:03:48.320
<v Speaker 3>Yeah, he shows up in this story. So he is

0:03:48.360 --> 0:03:48.920
<v Speaker 3>in this story.

0:03:49.040 --> 0:03:51.080
<v Speaker 2>He is not the focus, not at all.

0:03:51.520 --> 0:03:53.800
<v Speaker 3>Yeah, talk about irony. Right, you can make a movie

0:03:53.840 --> 0:03:57.520
<v Speaker 3>about financial crimes by paying for it with wait for it,

0:03:57.720 --> 0:04:01.280
<v Speaker 3>financial crimes. No, no, quick question. Have you seen The

0:04:01.280 --> 0:04:04.200
<v Speaker 3>Wolf of Wall Street? Yes, okay, you know. It's about

0:04:04.200 --> 0:04:07.440
<v Speaker 3>a real life crimer named Jordan Belford and he is

0:04:07.480 --> 0:04:10.920
<v Speaker 3>the wolf of the Wolf of All Street. The movie

0:04:11.000 --> 0:04:13.760
<v Speaker 3>basically covers his rise and fall and him being a

0:04:13.800 --> 0:04:16.919
<v Speaker 3>financial crimes mastermind. Right, and he wrote a memoir and

0:04:16.960 --> 0:04:19.160
<v Speaker 3>then Marty Scorsese he turned it into a story that

0:04:19.279 --> 0:04:21.280
<v Speaker 3>became an OSCAR nominated film.

0:04:21.360 --> 0:04:25.000
<v Speaker 2>Yeah, Marty, Marty your friend on that kind of basis.

0:04:25.040 --> 0:04:27.839
<v Speaker 3>We're in a film watching group, Elizabeth and a kickball group.

0:04:28.720 --> 0:04:33.000
<v Speaker 3>Marty's really good in senders. Yeah. So this whole you know,

0:04:33.080 --> 0:04:35.279
<v Speaker 3>Wolf of Wall Street is intended to be a cautionary

0:04:35.320 --> 0:04:38.840
<v Speaker 3>tale about greed another irony. Now, the film has one

0:04:38.880 --> 0:04:41.839
<v Speaker 3>of my favorite Matthew McConaughey scenes where he and Leonardo

0:04:41.839 --> 0:04:44.839
<v Speaker 3>DiCaprio is sitting there there in some skyscraper having like

0:04:44.880 --> 0:04:47.440
<v Speaker 3>a business launch. In Matthew McConaughey, he's doing blow at

0:04:47.440 --> 0:04:50.120
<v Speaker 3>the table and then he makes Leo do that tribal

0:04:50.160 --> 0:04:53.760
<v Speaker 3>beat on his chest. I love that scene. That seems

0:04:53.760 --> 0:04:55.719
<v Speaker 3>not in the script. By the way, Leonardo DiCaprio saw

0:04:55.760 --> 0:04:58.279
<v Speaker 3>Matthew McConaughey doing that for his warm up exercises, and

0:04:58.320 --> 0:04:59.800
<v Speaker 3>he's like, put to put that on camera.

0:05:00.040 --> 0:05:00.359
<v Speaker 2>Warm up.

0:05:00.560 --> 0:05:03.080
<v Speaker 3>Yeah, because Leo, say, was a producer for the film,

0:05:03.120 --> 0:05:05.320
<v Speaker 3>so he could make those kind of calls. Sure, yeah,

0:05:05.360 --> 0:05:07.000
<v Speaker 3>that's his warm up. A lot of people like the

0:05:07.160 --> 0:05:09.800
<v Speaker 3>Denzel talks about that beating on his body a little

0:05:09.800 --> 0:05:12.120
<v Speaker 3>bit to get loose, you know, like, yeah, you really

0:05:12.160 --> 0:05:13.679
<v Speaker 3>want to be in your body as an actor.

0:05:13.760 --> 0:05:15.279
<v Speaker 2>Did he also hunt? Doesn't he hunt?

0:05:15.720 --> 0:05:17.600
<v Speaker 3>Yeah, he's hitting his chest and humming.

0:05:18.160 --> 0:05:21.200
<v Speaker 2>Oh my god. Anyway, I was like embarrassed for him

0:05:21.200 --> 0:05:21.320
<v Speaker 2>in that.

0:05:21.440 --> 0:05:25.160
<v Speaker 3>I vote him and everything he does. So anyway, the

0:05:25.240 --> 0:05:29.000
<v Speaker 3>summer of twenty thirteen, Leonardo DiCaprio had just finished shooting

0:05:29.000 --> 0:05:31.840
<v Speaker 3>The Wolf of Wall Street. Right early talk was this

0:05:31.920 --> 0:05:34.560
<v Speaker 3>film's a lot for the Oscars. They've done it again,

0:05:34.839 --> 0:05:39.280
<v Speaker 3>better than the aviator. Blah blah blah. Now that's this

0:05:39.320 --> 0:05:42.440
<v Speaker 3>helps explain Leo's excitement and his like, you know, self

0:05:42.480 --> 0:05:46.000
<v Speaker 3>serious tone and his confidence when he spoke with Deadline

0:05:46.080 --> 0:05:48.960
<v Speaker 3>later on that same year, in December twenty thirteen, right

0:05:49.360 --> 0:05:52.040
<v Speaker 3>Leo was telling Deadline about his latest film, a dream

0:05:52.160 --> 0:05:54.240
<v Speaker 3>project that he'd been trying to make for a while,

0:05:54.279 --> 0:05:57.000
<v Speaker 3>and he's both the star and the producer, and he

0:05:57.080 --> 0:06:00.719
<v Speaker 3>tells Deadline and I quote everything Jordan and this book

0:06:00.839 --> 0:06:03.120
<v Speaker 3>was so raw. The crash of two thousand and eight

0:06:03.160 --> 0:06:05.960
<v Speaker 3>was a huge motivator for me as well, to want

0:06:06.000 --> 0:06:08.320
<v Speaker 3>to really see what's going on in our culture that

0:06:08.400 --> 0:06:12.360
<v Speaker 3>creates people like this. Greed is a timeless virtue. I've

0:06:12.360 --> 0:06:14.719
<v Speaker 3>been talking about greed a lot in interviews, and you

0:06:14.760 --> 0:06:18.240
<v Speaker 3>can't pinpoint it to any specific time period, or any civilization,

0:06:18.560 --> 0:06:23.160
<v Speaker 3>or even just human beings. It's a fundamental characteristic of survival.

0:06:23.279 --> 0:06:25.559
<v Speaker 3>As we are progressing into the future, things are moving

0:06:25.640 --> 0:06:28.760
<v Speaker 3>faster and we are way more destructive than we've ever been.

0:06:29.080 --> 0:06:32.240
<v Speaker 3>We have not evolved at all, Well, said Leo. Well

0:06:32.279 --> 0:06:38.000
<v Speaker 3>said an, So greed is bad. We're still subject to

0:06:38.040 --> 0:06:41.200
<v Speaker 3>its seductive siren call. Gotcha.

0:06:41.360 --> 0:06:43.320
<v Speaker 2>Because he lives a monastic lifestyle.

0:06:43.400 --> 0:06:46.560
<v Speaker 3>He's an environmentalist, wall he cares about things bigger than him.

0:06:46.800 --> 0:06:49.599
<v Speaker 2>Just not paid for any So, Elizabeth, there's.

0:06:49.400 --> 0:06:52.360
<v Speaker 3>A great cosmic irony that Leo partners in this film

0:06:52.400 --> 0:06:55.880
<v Speaker 3>were the masterminds of international fraud, of palooza and an

0:06:56.040 --> 0:06:59.200
<v Speaker 3>orgy of embezzlement and other financial crimes. And as they said,

0:06:59.279 --> 0:07:02.560
<v Speaker 3>far far bigger than what Jordan Belford had ever done. Really, Yes,

0:07:02.640 --> 0:07:05.480
<v Speaker 3>and when he gave that interview, Leo was knee deep

0:07:05.560 --> 0:07:08.799
<v Speaker 3>in the greed, like just surrounded by it, sinking deeper

0:07:08.880 --> 0:07:11.120
<v Speaker 3>and deeper into it. It was all around him, but somehow

0:07:11.280 --> 0:07:15.040
<v Speaker 3>he missed it, just didn't see it. Wow, somehow this

0:07:15.200 --> 0:07:18.840
<v Speaker 3>highly intelligent, very sensitive actor never recognized the look of

0:07:19.160 --> 0:07:21.520
<v Speaker 3>real life greed when it was the one buying him

0:07:21.560 --> 0:07:22.600
<v Speaker 3>champagne at a casino.

0:07:22.720 --> 0:07:24.480
<v Speaker 2>But zaren he was talking about it a lot in

0:07:24.520 --> 0:07:25.160
<v Speaker 2>the interviews.

0:07:25.320 --> 0:07:25.520
<v Speaker 3>Yeah.

0:07:25.560 --> 0:07:28.080
<v Speaker 2>Well, also, as he pointed out, totally.

0:07:27.840 --> 0:07:30.120
<v Speaker 3>He wanted you know, he's thinking about greed. But he

0:07:30.200 --> 0:07:33.120
<v Speaker 3>still missed it when that same greed gave him a

0:07:33.200 --> 0:07:37.240
<v Speaker 3>Jean Michel basciat painting worth nine point two million dollars. Yes,

0:07:37.760 --> 0:07:39.720
<v Speaker 3>it's just as a gift. He missed it when it

0:07:39.760 --> 0:07:42.560
<v Speaker 3>bought him Marlon Brando's oscar. Right, but we're getting ahead

0:07:42.560 --> 0:07:45.400
<v Speaker 3>of ourselves. It's time to meet our man of the hour.

0:07:45.600 --> 0:07:48.640
<v Speaker 2>Jolo Jolo like Jello, but Jolo.

0:07:48.600 --> 0:07:53.360
<v Speaker 3>Jolo j h o Oh Joe l Ow jo Lo Oh.

0:07:53.400 --> 0:07:56.840
<v Speaker 4>So two words, two words yes, mister Low Yes now

0:07:57.200 --> 0:08:03.080
<v Speaker 4>Low Comma Joe h Ok. I'm doing the math yes

0:08:03.600 --> 0:08:04.239
<v Speaker 4>in my face.

0:08:04.520 --> 0:08:06.400
<v Speaker 3>To give you a sense of his character. Back in

0:08:06.440 --> 0:08:09.280
<v Speaker 3>April of twenty thirteen, just after The Wolf of Wall

0:08:09.280 --> 0:08:11.920
<v Speaker 3>Street was filming done filming, it had wrapped, Jo Loo

0:08:12.200 --> 0:08:14.480
<v Speaker 3>was partying in New York and he nearly lost his

0:08:14.520 --> 0:08:15.600
<v Speaker 3>life to buster rhymes.

0:08:16.800 --> 0:08:19.520
<v Speaker 2>Yeah, I mean who among the By.

0:08:19.360 --> 0:08:20.680
<v Speaker 3>The way, this story is going to keep doing that

0:08:20.720 --> 0:08:21.920
<v Speaker 3>where I'm going to say something and all of a

0:08:21.920 --> 0:08:24.000
<v Speaker 3>sudden a celebrity pops up. You do not expect I

0:08:24.200 --> 0:08:26.800
<v Speaker 3>like that. So the story goes this socially awkward thirty

0:08:26.880 --> 0:08:31.320
<v Speaker 3>year old financier Low Tayke Joe aka Jo Lo because

0:08:31.320 --> 0:08:36.679
<v Speaker 3>he's Malaysian of Chinese ethnicity reverse exactly. So. He was

0:08:36.720 --> 0:08:39.840
<v Speaker 3>at Jungle City Studios in the Chelsea neighborhood in Manhattan.

0:08:40.080 --> 0:08:41.680
<v Speaker 3>He was there in the studio. He was there to

0:08:41.800 --> 0:08:45.560
<v Speaker 3>record a vanity track called Void of a Legend. To

0:08:45.559 --> 0:08:46.400
<v Speaker 3>do with that what you.

0:08:46.400 --> 0:08:49.880
<v Speaker 4>Will, He's in the recording studio.

0:08:49.960 --> 0:08:51.280
<v Speaker 2>What's the genre rap?

0:08:51.320 --> 0:08:55.360
<v Speaker 3>Of course, Elizabeth Yes, financial guys love rap. It's all

0:08:55.400 --> 0:08:58.560
<v Speaker 3>about the Benjamins. That's as far as they're concerned. So

0:08:58.800 --> 0:09:01.360
<v Speaker 3>Jo Lo had paid the rapper and producer Swizz Beats

0:09:01.400 --> 0:09:07.080
<v Speaker 3>to help him record his Vanity project or mister Yes himself.

0:09:07.559 --> 0:09:11.600
<v Speaker 3>And also there that night was Pharrell Williams and Buster.

0:09:11.400 --> 0:09:13.840
<v Speaker 2>Rhymes No Yes, So this is horrible.

0:09:13.960 --> 0:09:17.319
<v Speaker 3>So they're all together in this studio in Chelsea in Manhattan,

0:09:17.320 --> 0:09:21.199
<v Speaker 3>twenty thirteen, indulging Jolo, indulging Iman. At one point, quite

0:09:21.440 --> 0:09:25.520
<v Speaker 3>visibly drunk, Jolo looks at Buster Rhymes across the studio

0:09:25.640 --> 0:09:29.600
<v Speaker 3>and he yells out at him, yo, I own you.

0:09:29.600 --> 0:09:33.520
<v Speaker 3>You're my bitch? WHOA yes. Well, by the way, it's

0:09:33.559 --> 0:09:35.320
<v Speaker 3>never good to tell black man in America that you

0:09:35.360 --> 0:09:37.560
<v Speaker 3>own him. I don't think I need to explain.

0:09:37.240 --> 0:09:38.960
<v Speaker 2>That anything further. I don't want yes.

0:09:39.120 --> 0:09:41.760
<v Speaker 3>But then, but also because I don't know if you

0:09:41.559 --> 0:09:44.720
<v Speaker 3>you don't play fantasy sports, but I see this often

0:09:44.760 --> 0:09:46.760
<v Speaker 3>in fantasy sports, because people will talk about how they

0:09:46.800 --> 0:09:49.319
<v Speaker 3>own a player, and then they forget how they talk

0:09:49.360 --> 0:09:51.400
<v Speaker 3>about that amongst their friends, and then there they're at

0:09:51.440 --> 0:09:53.440
<v Speaker 3>a game or some social function and they see a

0:09:53.440 --> 0:09:55.360
<v Speaker 3>player that they have on their fantasy team and they

0:09:55.440 --> 0:09:57.959
<v Speaker 3>yell at this real life person, I own you man,

0:09:58.040 --> 0:10:01.080
<v Speaker 3>I need more points this weekend. Once again, do not

0:10:01.240 --> 0:10:03.160
<v Speaker 3>yell at a black man that you own him. I'm

0:10:03.200 --> 0:10:05.120
<v Speaker 3>just saying it's never going to be a good one.

0:10:05.200 --> 0:10:08.079
<v Speaker 4>Let's just avoid that completely, right, So, or just avoid

0:10:08.120 --> 0:10:11.800
<v Speaker 4>fantasy sports. Okay, Well that's my thing about That's my

0:10:11.880 --> 0:10:14.840
<v Speaker 4>complaint about football is the plantation mentality.

0:10:15.000 --> 0:10:18.520
<v Speaker 2>There is that, yes, anyway, so off of that.

0:10:18.920 --> 0:10:21.080
<v Speaker 3>In this case, Joe Lo, as I said, was drunk

0:10:21.320 --> 0:10:22.840
<v Speaker 3>and he was all hyped up on the fact that

0:10:22.920 --> 0:10:26.880
<v Speaker 3>he had just purchased Emi Music Publishing. Wait what yes,

0:10:26.960 --> 0:10:28.920
<v Speaker 3>he bought it for one hundred million dollars.

0:10:29.440 --> 0:10:30.200
<v Speaker 2>How does this guy?

0:10:30.360 --> 0:10:32.680
<v Speaker 3>And he wanted Buster Rhymes to know he owned his

0:10:32.760 --> 0:10:35.560
<v Speaker 3>publishing and thus in his mind he owned Buster Rhymes.

0:10:35.600 --> 0:10:37.360
<v Speaker 2>Right, But then also you're my bitch.

0:10:37.480 --> 0:10:39.839
<v Speaker 3>Yeah, he was drunk and he was like a financi bro.

0:10:39.920 --> 0:10:41.680
<v Speaker 3>So he's like, let me put you in your place.

0:10:41.800 --> 0:10:46.080
<v Speaker 3>I own you, right, So Jolo's uh, we'll call it joke.

0:10:46.280 --> 0:10:49.800
<v Speaker 3>Taunt did not land. He was about to result in

0:10:49.840 --> 0:10:53.360
<v Speaker 3>an epic beatdown when Pharrell Williams had to like step in.

0:10:53.400 --> 0:10:55.360
<v Speaker 3>He had to calm down Buster Rhymes and tell him

0:10:55.360 --> 0:10:56.679
<v Speaker 3>like being.

0:10:56.600 --> 0:10:59.920
<v Speaker 2>Happy, he gotta be happy, and then they punched him.

0:11:00.240 --> 0:11:03.600
<v Speaker 3>They So there you go a glimpse at the character

0:11:03.640 --> 0:11:04.439
<v Speaker 3>of Jolo.

0:11:04.320 --> 0:11:05.920
<v Speaker 2>Right, that is incredible.

0:11:06.040 --> 0:11:08.120
<v Speaker 3>But I've got more for you because I also have

0:11:08.160 --> 0:11:11.920
<v Speaker 3>an eyewitness account, not from the gossip press or from like,

0:11:12.000 --> 0:11:14.679
<v Speaker 3>you know, some hip hop outlet. It's like, oh, we

0:11:14.760 --> 0:11:17.080
<v Speaker 3>got the latest news that nobody will tell you, right right,

0:11:17.240 --> 0:11:19.120
<v Speaker 3>This friend of mine, he works as a DJ. He

0:11:19.160 --> 0:11:21.520
<v Speaker 3>did work as a DJ in Las Vegas, right, and

0:11:21.559 --> 0:11:24.120
<v Speaker 3>he was working there back when Joel was a regular

0:11:24.200 --> 0:11:27.000
<v Speaker 3>at the daytime rooftop pool parties that they have at

0:11:27.040 --> 0:11:27.520
<v Speaker 3>the casino.

0:11:27.880 --> 0:11:28.120
<v Speaker 5>Dear.

0:11:28.400 --> 0:11:30.199
<v Speaker 2>Yeah, yeah, so back then.

0:11:30.080 --> 0:11:32.640
<v Speaker 3>He was called a super vip. Jolo not my friend,

0:11:32.760 --> 0:11:35.000
<v Speaker 3>my friend Jeff, he was a DJs. I said, So,

0:11:35.600 --> 0:11:37.920
<v Speaker 3>he tells me the story about working a private party

0:11:37.960 --> 0:11:39.080
<v Speaker 3>for this super vip.

0:11:39.360 --> 0:11:41.160
<v Speaker 2>So he did, he go and he gambled along. He

0:11:41.200 --> 0:11:41.680
<v Speaker 2>was a whale.

0:11:41.679 --> 0:11:42.320
<v Speaker 3>There's a whal.

0:11:42.400 --> 0:11:43.040
<v Speaker 2>Yeah.

0:11:43.040 --> 0:11:45.720
<v Speaker 3>So according to my friend Jeff, and I quote, I

0:11:45.760 --> 0:11:47.959
<v Speaker 3>see this very heavy set Asian guy wearing one of

0:11:48.040 --> 0:11:51.080
<v Speaker 3>those a whole yacht caps and he's sitting in this cabana.

0:11:51.320 --> 0:11:53.960
<v Speaker 3>They had bottles and all the bottle service girls were

0:11:54.040 --> 0:11:57.160
<v Speaker 3>huddled around this area to party. There was a special

0:11:57.240 --> 0:11:59.400
<v Speaker 3>DJ that had come in, so I continue to do

0:11:59.520 --> 0:12:02.559
<v Speaker 3>my job. At one point, Joe Lo grabbed a microphone.

0:12:02.600 --> 0:12:04.640
<v Speaker 3>There was like a wireless handheld that was sent to

0:12:04.679 --> 0:12:07.160
<v Speaker 3>his cabana for him to say what he wanted or whatever.

0:12:07.400 --> 0:12:10.960
<v Speaker 3>He says. Everybody in the pool. Everybody, I mean everybody

0:12:11.040 --> 0:12:13.480
<v Speaker 3>in the pool, and I thought, I'm not getting in

0:12:13.520 --> 0:12:16.160
<v Speaker 3>the pool, but I'll film this. So I grabbed my

0:12:16.200 --> 0:12:19.440
<v Speaker 3>cell phone. I started filming everybody doing what this VIP wanted.

0:12:19.600 --> 0:12:21.840
<v Speaker 3>And I mean eighty percent of the people in the

0:12:21.880 --> 0:12:25.679
<v Speaker 3>pool were staff. Everybody did what this guy told him

0:12:25.720 --> 0:12:28.480
<v Speaker 3>to do, and they all got in the pool fully dressed,

0:12:28.480 --> 0:12:32.320
<v Speaker 3>and I'm filming it. So what did he catch on camera?

0:12:32.400 --> 0:12:35.280
<v Speaker 3>Great question, Elizabeth, We may never know. Well again, according

0:12:35.320 --> 0:12:37.800
<v Speaker 3>to my friend Jeff and I quote, this Asian guy

0:12:37.840 --> 0:12:40.240
<v Speaker 3>came up to me and said, the you doing. I

0:12:40.280 --> 0:12:42.600
<v Speaker 3>stared at him blankly. I didn't know what the problem was.

0:12:42.640 --> 0:12:44.840
<v Speaker 3>People had cell phones out filming stuff at the club

0:12:44.880 --> 0:12:46.920
<v Speaker 3>all the time and no one ever had an issue

0:12:46.920 --> 0:12:49.440
<v Speaker 3>with it. But this was like a major deal. I

0:12:49.480 --> 0:12:53.199
<v Speaker 3>started getting emails on my phone immediately from different management

0:12:53.240 --> 0:12:56.400
<v Speaker 3>people in the casino and the club. The Asian dude

0:12:56.400 --> 0:12:58.800
<v Speaker 3>got really abraced with me, so I apologized and he

0:12:58.880 --> 0:13:01.720
<v Speaker 3>made me erase the phone. I learned later that it

0:13:01.760 --> 0:13:04.120
<v Speaker 3>was what's called a blackout event. That's when there's a

0:13:04.280 --> 0:13:07.040
<v Speaker 3>high security and no one's allowed to film or photograph

0:13:07.160 --> 0:13:11.040
<v Speaker 3>or record anything. This guy low was throwing away so

0:13:11.200 --> 0:13:13.720
<v Speaker 3>much money that he was just hemorrhaging money. It was

0:13:13.760 --> 0:13:17.240
<v Speaker 3>beyond trying to burn money. Brewsters millions is the only

0:13:17.280 --> 0:13:19.880
<v Speaker 3>thing that comes to mind. Why would one literally burn

0:13:20.000 --> 0:13:22.920
<v Speaker 3>piles of money for what reason? If you had that much,

0:13:23.040 --> 0:13:24.520
<v Speaker 3>you just wanted to get rid of it as much

0:13:24.520 --> 0:13:27.200
<v Speaker 3>as you can before you die. That's one thing that

0:13:27.320 --> 0:13:32.520
<v Speaker 3>was not this. This story is another thing, Elizabeth. Yes,

0:13:32.920 --> 0:13:35.160
<v Speaker 3>so that's an eyewitness account.

0:13:35.920 --> 0:13:38.760
<v Speaker 2>Was just the money to say this is a blackout event?

0:13:39.200 --> 0:13:41.840
<v Speaker 2>Did he did? He rent the hole basically.

0:13:41.480 --> 0:13:45.320
<v Speaker 3>The club yea yeah, and the rooftop pool club, I mean,

0:13:45.720 --> 0:13:48.559
<v Speaker 3>and then he had the staff, didn't have people had

0:13:48.559 --> 0:13:50.960
<v Speaker 3>the staff getting the pool like pretend to be having fun.

0:13:51.120 --> 0:13:57.200
<v Speaker 4>That sounds like hell on for I would just start

0:13:57.320 --> 0:14:01.240
<v Speaker 4>throwing people off the roof. If I could throw myself.

0:14:00.920 --> 0:14:01.840
<v Speaker 2>I throw everybody.

0:14:01.880 --> 0:14:03.160
<v Speaker 3>Someone's coming off that roof.

0:14:03.080 --> 0:14:04.439
<v Speaker 2>Someone's out of here.

0:14:04.880 --> 0:14:07.160
<v Speaker 3>So now we're back to the essential question, Who the

0:14:07.200 --> 0:14:09.640
<v Speaker 3>hell is jo Lo? I'm happy to tell you I

0:14:09.679 --> 0:14:13.400
<v Speaker 3>have answers, lots of answers. So low Taik Joe was

0:14:13.440 --> 0:14:16.079
<v Speaker 3>born in Malaysia in nineteen eighty one. He was born

0:14:16.360 --> 0:14:19.840
<v Speaker 3>a son of privilege. He's gobad numbers, sharp minded, you know.

0:14:19.960 --> 0:14:22.680
<v Speaker 3>So his family sent him to Harrow. It's a private

0:14:22.720 --> 0:14:26.200
<v Speaker 3>school in London, so old that it was founded by

0:14:26.200 --> 0:14:29.640
<v Speaker 3>a charter from Queen Elizabeth the first way back in

0:14:29.720 --> 0:14:30.880
<v Speaker 3>fifteen seventy two.

0:14:31.080 --> 0:14:31.360
<v Speaker 2>Yeah.

0:14:31.400 --> 0:14:33.880
<v Speaker 3>So his classmates were the sons of kings and the

0:14:33.920 --> 0:14:36.440
<v Speaker 3>nephews of prime ministers from around the world. Right, It's

0:14:36.440 --> 0:14:39.960
<v Speaker 3>where everybody sends their you know, special boys. Elizabeth. You

0:14:40.040 --> 0:14:41.880
<v Speaker 3>might say that the British private schools are a lot

0:14:41.920 --> 0:14:44.440
<v Speaker 3>like prison. Yeah, They're a great place to learn to

0:14:44.440 --> 0:14:45.240
<v Speaker 3>be a better criminal.

0:14:45.320 --> 0:14:45.640
<v Speaker 2>True.

0:14:45.720 --> 0:14:47.400
<v Speaker 3>I mean I wouldn't say that, but you might.

0:14:47.280 --> 0:14:49.200
<v Speaker 2>Say I'll say anything there.

0:14:49.520 --> 0:14:52.520
<v Speaker 3>So anyway, jo Lo, he said of his private school days,

0:14:52.760 --> 0:14:55.440
<v Speaker 3>they absolutely shaped his future. In an interview with The

0:14:55.520 --> 0:14:58.680
<v Speaker 3>Toronto Star, he said, and I quote, there were a

0:14:58.720 --> 0:15:01.840
<v Speaker 3>few key relationships which I started to develop there. Harrow

0:15:01.880 --> 0:15:04.840
<v Speaker 3>had lots of children of prominent European, Asian and Middle

0:15:04.880 --> 0:15:07.240
<v Speaker 3>Eastern families. That's when I met the former King of

0:15:07.320 --> 0:15:08.720
<v Speaker 3>Jordan's son, among others.

0:15:09.320 --> 0:15:11.040
<v Speaker 2>Yeah right, So those.

0:15:10.880 --> 0:15:13.440
<v Speaker 3>Early heady days at Harrow, they were the key that

0:15:13.560 --> 0:15:16.720
<v Speaker 3>unlocked the man and criminal he would become. Or, as

0:15:16.840 --> 0:15:19.240
<v Speaker 3>Joel put it in his interview with The Toronto Star,

0:15:20.120 --> 0:15:22.280
<v Speaker 3>that's when I felt that I built the core foundation

0:15:22.400 --> 0:15:25.480
<v Speaker 3>of contacts for the future. That's quite important because that's

0:15:25.520 --> 0:15:27.360
<v Speaker 3>when you know them as friends and you build the

0:15:27.360 --> 0:15:29.800
<v Speaker 3>trust level for the future, as opposed to meeting someone

0:15:29.880 --> 0:15:32.600
<v Speaker 3>during the course of your business life. He's like, get

0:15:32.640 --> 0:15:33.520
<v Speaker 3>them WHI they're susceptive.

0:15:35.000 --> 0:15:38.320
<v Speaker 2>You see some of the terrible things they do as youth. Yeah, right,

0:15:38.440 --> 0:15:39.280
<v Speaker 2>and hold it over.

0:15:39.720 --> 0:15:41.120
<v Speaker 3>This is really why you want your kids to go

0:15:41.120 --> 0:15:44.960
<v Speaker 3>to an elite school. Not the education, it's for the connections. Comply.

0:15:45.600 --> 0:15:48.920
<v Speaker 3>So Adri attends Harrow. Joel transfers to Wharton School of

0:15:48.960 --> 0:15:52.000
<v Speaker 3>Business here in the US, which coincidentally is also the

0:15:52.000 --> 0:15:56.360
<v Speaker 3>president's alma motern Apropos of Nothing but Cress. At Wharton,

0:15:56.440 --> 0:15:59.200
<v Speaker 3>Jolo made a name for himself on campus. His nickname

0:15:59.360 --> 0:16:01.040
<v Speaker 3>was the a Great Gatsby.

0:16:01.560 --> 0:16:03.560
<v Speaker 2>He made his own nickname, did he did he.

0:16:04.080 --> 0:16:06.000
<v Speaker 3>I don't know about that, but she'd give you some

0:16:06.120 --> 0:16:07.520
<v Speaker 3>idea of how he was perceived by.

0:16:07.400 --> 0:16:10.400
<v Speaker 2>A question that's not a nickname.

0:16:10.520 --> 0:16:10.680
<v Speaker 5>No.

0:16:10.840 --> 0:16:13.040
<v Speaker 3>In short, it was known that, just like Jay Gatsby,

0:16:13.120 --> 0:16:15.680
<v Speaker 3>jo Loo was a schemer, a striver, an operator, and

0:16:15.720 --> 0:16:16.440
<v Speaker 3>a social.

0:16:16.120 --> 0:16:19.760
<v Speaker 2>Media like the lamest nickname everyone.

0:16:19.560 --> 0:16:24.160
<v Speaker 3>No now Jolo for instance, to give you an example

0:16:24.200 --> 0:16:27.600
<v Speaker 3>of his Jay gatsbying around, he once invited his Wharton

0:16:27.680 --> 0:16:31.240
<v Speaker 3>classmate Avanka Trump to go on a gambling trip with

0:16:31.360 --> 0:16:34.280
<v Speaker 3>him and some of his friends too where Atlantic City.

0:16:34.680 --> 0:16:35.000
<v Speaker 2>Oh.

0:16:35.160 --> 0:16:37.520
<v Speaker 3>You see, Jolo had a big time crush on Avanka,

0:16:37.720 --> 0:16:40.040
<v Speaker 3>and he thought she might go for a guy like him.

0:16:40.160 --> 0:16:42.880
<v Speaker 4>Oh, I'm having like a sliding doors moment of like

0:16:42.880 --> 0:16:44.040
<v Speaker 4>an alternative reality.

0:16:44.360 --> 0:16:44.720
<v Speaker 2>Go ahead.

0:16:44.880 --> 0:16:48.480
<v Speaker 3>Evanka politely declined the invite, but the way Jolo later

0:16:48.520 --> 0:16:50.920
<v Speaker 3>told the story, he explained her rejection was far less

0:16:50.920 --> 0:16:53.760
<v Speaker 3>about him and more about her father. You see, Jolo

0:16:53.880 --> 0:16:57.560
<v Speaker 3>told his friends that Ivanka said quote she'd never set

0:16:57.560 --> 0:17:02.520
<v Speaker 3>foot in one of her father's skeevy casinos. So that's

0:17:02.520 --> 0:17:05.440
<v Speaker 3>from Jolo. I didn't say that. So at this point

0:17:05.480 --> 0:17:07.679
<v Speaker 3>in his story, Joo moves on to his next crush,

0:17:07.960 --> 0:17:11.080
<v Speaker 3>someone who was also a rich, mildly attractive blonde daughter

0:17:11.119 --> 0:17:15.159
<v Speaker 3>of a famous American family. He started angling for Paris Hilton.

0:17:15.600 --> 0:17:16.760
<v Speaker 2>Oh dear, clearly the.

0:17:16.680 --> 0:17:19.520
<v Speaker 3>Man had a type. Now. Yeah, his roommates at Wharton

0:17:19.600 --> 0:17:22.959
<v Speaker 3>later recalled that Jolo loved to watch House of Wax.

0:17:23.520 --> 0:17:26.080
<v Speaker 3>Now if that name doesn't sound familiar, it was Paris

0:17:26.119 --> 0:17:31.199
<v Speaker 3>Hilton's debut movie. Yeah, now, he watched it over and

0:17:31.240 --> 0:17:34.440
<v Speaker 3>over again, apparently just all the time. So now, Joo

0:17:34.520 --> 0:17:37.080
<v Speaker 3>didn't know it back then, but one day, a drunken

0:17:37.119 --> 0:17:40.480
<v Speaker 3>Paris Hilton would be photographed at a casino with his sweaty,

0:17:40.600 --> 0:17:44.320
<v Speaker 3>alcohol flushed face pressed against her shoulder. That was all

0:17:44.359 --> 0:17:46.800
<v Speaker 3>become Elizabeth. That's the future we have to look forward to.

0:17:47.400 --> 0:17:50.919
<v Speaker 3>So back to his college days. After Wharton, Lowe returned

0:17:50.960 --> 0:17:53.520
<v Speaker 3>to Malaysia. There he tried his hand in a few businesses.

0:17:53.720 --> 0:17:56.119
<v Speaker 3>None of them were successful, but he did orchestrate the

0:17:56.160 --> 0:17:58.480
<v Speaker 3>sale of a skyscraper, so that had to make his

0:17:58.520 --> 0:18:00.400
<v Speaker 3>parents proud, right, I mean, oh, you.

0:18:00.359 --> 0:18:03.640
<v Speaker 4>Sold that long, daddy.

0:18:04.000 --> 0:18:06.400
<v Speaker 3>So after that, he then partnered with a man named

0:18:06.520 --> 0:18:08.760
<v Speaker 3>Reza Aziz. He was a friend of his he had

0:18:08.760 --> 0:18:11.280
<v Speaker 3>met back when they're both attending private school in London.

0:18:11.760 --> 0:18:14.399
<v Speaker 3>So we're now working together in Malaysia, jo Loo and

0:18:14.480 --> 0:18:18.119
<v Speaker 3>Aziz won the backing of Aziza's stepfather, this man named

0:18:18.280 --> 0:18:21.320
<v Speaker 3>Najib Razak. Now you see, at the time he was

0:18:21.359 --> 0:18:23.720
<v Speaker 3>the Defense Minister of Malaysia, and then in a very

0:18:23.760 --> 0:18:26.240
<v Speaker 3>short time he was elected Prime Minister of Malaysia.

0:18:26.320 --> 0:18:26.760
<v Speaker 2>Oh wow.

0:18:26.920 --> 0:18:30.080
<v Speaker 3>Yes. And then working together, the three men conspired to

0:18:30.119 --> 0:18:34.080
<v Speaker 3>create a Sovereign Wealth Fund for Malaysia. It's basically a

0:18:34.119 --> 0:18:37.879
<v Speaker 3>state owned development investment program, right, and this was just

0:18:38.000 --> 0:18:40.400
<v Speaker 3>after the financial meltdown of two thousand.

0:18:40.040 --> 0:18:41.160
<v Speaker 2>And eight, perfect timing.

0:18:41.240 --> 0:18:43.640
<v Speaker 3>But these men, they saw opportunity Elizabeth where the rest

0:18:43.640 --> 0:18:46.399
<v Speaker 3>of us saw ruined. They saw the saints for the future.

0:18:46.840 --> 0:18:49.280
<v Speaker 3>So they used, you know what, there's big deals to

0:18:49.280 --> 0:18:52.639
<v Speaker 3>be made, there's steals to be lifted, fraud to be purchased.

0:18:52.760 --> 0:18:52.960
<v Speaker 5>Right.

0:18:53.320 --> 0:18:55.960
<v Speaker 3>So in two thousand and nine, Jol returns to America

0:18:56.000 --> 0:18:59.159
<v Speaker 3>with the backing of the Malaysian Sovereign Wealth Fund, and

0:18:59.200 --> 0:19:01.840
<v Speaker 3>he's over there looking to make big deals. Doesn't take

0:19:01.880 --> 0:19:04.119
<v Speaker 3>long for the New York gossip pages to find him, so,

0:19:04.240 --> 0:19:06.879
<v Speaker 3>like page six of the New York Post, they spot

0:19:06.960 --> 0:19:09.520
<v Speaker 3>Jolo out making an ass of himself all across the

0:19:09.560 --> 0:19:12.359
<v Speaker 3>Manhattan nightclub scene. This is like in November of two

0:19:12.400 --> 0:19:16.240
<v Speaker 3>thousand and nine. In his very first news story, Jolo

0:19:16.400 --> 0:19:19.159
<v Speaker 3>is pictured sweaty faced, champagne.

0:19:18.720 --> 0:19:22.400
<v Speaker 2>Drunks, sweaty all the time. He's often I can get

0:19:22.440 --> 0:19:23.800
<v Speaker 2>pretty spitzy, but like.

0:19:23.880 --> 0:19:26.879
<v Speaker 3>Yeah, it's just kind of his like MESHI, It's like,

0:19:26.880 --> 0:19:29.560
<v Speaker 3>look I'm dancing, I'm having fun. It's hot in here.

0:19:30.200 --> 0:19:33.000
<v Speaker 3>So he was basically the New York Post covers him,

0:19:33.000 --> 0:19:35.679
<v Speaker 3>he's just like this another finance bro in Manhattan, right.

0:19:35.880 --> 0:19:36.800
<v Speaker 2>Just a dewey man.

0:19:37.880 --> 0:19:40.120
<v Speaker 3>You look at the photo of him, you'd never imagine

0:19:40.359 --> 0:19:43.760
<v Speaker 3>this guy would become the mastermind of an international money

0:19:43.800 --> 0:19:47.480
<v Speaker 3>laundering scheme to steal billions of dollars. Right in the

0:19:47.600 --> 0:19:50.360
<v Speaker 3>very second sentence in the very first story I ever

0:19:50.359 --> 0:19:52.560
<v Speaker 3>written about, Jolo reads like the opening line of a

0:19:52.560 --> 0:19:56.440
<v Speaker 3>fairy tale about a money launderer. As the Post reported, quote,

0:19:56.640 --> 0:19:59.640
<v Speaker 3>a Jolo comes around once in a lifetime, marveled one

0:19:59.720 --> 0:20:03.320
<v Speaker 3>into veteran. Oh no, yes, To be clear, the industry

0:20:03.359 --> 0:20:07.240
<v Speaker 3>wasn't an investment banking or finance. It was nightclubs. You

0:20:08.119 --> 0:20:11.560
<v Speaker 3>don't get like him coming out exactly so, this Malaysian

0:20:11.600 --> 0:20:14.800
<v Speaker 3>international man of mystery had become modestly famous for downing

0:20:14.880 --> 0:20:18.600
<v Speaker 3>champagne and chasing long legged models. Yea, As the Post noted,

0:20:18.640 --> 0:20:21.960
<v Speaker 3>and I quote, Lowe just celebrated his twenty eighth birthday

0:20:22.000 --> 0:20:24.239
<v Speaker 3>in Las Vegas, a four day affair that started out

0:20:24.320 --> 0:20:27.359
<v Speaker 3>last Wednesday at Caesar's Palace, where sources said the swimming

0:20:27.400 --> 0:20:30.800
<v Speaker 3>pool was stocked with bikini clad party girls and surrounded

0:20:30.840 --> 0:20:32.760
<v Speaker 3>by caged lions and tigers.

0:20:33.200 --> 0:20:33.959
<v Speaker 2>Ew Right.

0:20:34.280 --> 0:20:37.000
<v Speaker 3>So, after that pool party, to start the debauchery, his

0:20:37.040 --> 0:20:40.600
<v Speaker 3>birthday entourage hit up a nightclub in the casino, where

0:20:40.800 --> 0:20:44.600
<v Speaker 3>Paris Hilton and Usher danced the night away with Jolo

0:20:44.920 --> 0:20:48.119
<v Speaker 3>and drank with him and his friends. Hell Also, Jamie

0:20:48.200 --> 0:20:51.399
<v Speaker 3>Fox reportedly gave Jolo a sports car for his twenty

0:20:51.440 --> 0:20:52.160
<v Speaker 3>eighth birthday.

0:20:52.400 --> 0:20:54.439
<v Speaker 2>What Yeah, where did that come from?

0:20:54.600 --> 0:20:56.520
<v Speaker 3>Don't I'm talking to me. You're just going to keep

0:20:56.560 --> 0:20:58.880
<v Speaker 3>popping up on a swivel.

0:20:59.200 --> 0:20:59.360
<v Speaker 2>Now.

0:20:59.400 --> 0:21:01.040
<v Speaker 3>At the end of that New York Post article, a

0:21:01.080 --> 0:21:03.840
<v Speaker 3>friend of Low's tried to dispel any mystery about Jolo,

0:21:04.440 --> 0:21:07.199
<v Speaker 3>but instead only enlarged it because the friend said, and

0:21:07.240 --> 0:21:10.159
<v Speaker 3>I quote, he's not an arms dealer and he doesn't

0:21:10.160 --> 0:21:13.040
<v Speaker 3>want all this publicity. It's always fun when you have

0:21:13.080 --> 0:21:15.960
<v Speaker 3>your friends trying to clarify that your perpetually drunk friend

0:21:16.080 --> 0:21:17.119
<v Speaker 3>is not an arms dealer.

0:21:17.880 --> 0:21:20.360
<v Speaker 4>I've never had anyone say, you know, the thing about Elizabeth,

0:21:20.400 --> 0:21:21.719
<v Speaker 4>that she's not an arms dealer.

0:21:21.800 --> 0:21:24.720
<v Speaker 3>One thing you can say about Elizabeth not an arms dealer.

0:21:25.640 --> 0:21:29.359
<v Speaker 3>Now they do. Now that we've met our crimer of

0:21:29.359 --> 0:21:31.520
<v Speaker 3>the day, let's take a little break, and that's the messages.

0:21:31.560 --> 0:21:55.440
<v Speaker 3>We will get high and low with Jolo and we're

0:21:55.440 --> 0:21:57.879
<v Speaker 3>back Elizabeth. Hello, you ready for more Jolo?

0:21:58.080 --> 0:21:58.280
<v Speaker 2>Yeah?

0:21:58.359 --> 0:22:00.800
<v Speaker 3>More twenty ten celebs in young Hollywood.

0:22:00.880 --> 0:22:03.359
<v Speaker 2>This is so great. Who else is gonna pop up?

0:22:03.359 --> 0:22:04.240
<v Speaker 2>It's like whack a mole?

0:22:04.400 --> 0:22:07.000
<v Speaker 3>Oh wait for the rest of these moms. Oh no, okay,

0:22:07.040 --> 0:22:08.560
<v Speaker 3>so where were we? All Right, it's two thousand and

0:22:08.680 --> 0:22:10.680
<v Speaker 3>nine and the gossip rags have just learned the name

0:22:10.760 --> 0:22:13.440
<v Speaker 3>Jolo right well after the New York Post spots him.

0:22:13.760 --> 0:22:15.440
<v Speaker 3>Next came Gawker's coverage.

0:22:15.800 --> 0:22:18.880
<v Speaker 2>Right, rip Gocker, What I miss Gaker? We could use

0:22:18.920 --> 0:22:19.640
<v Speaker 2>Gaker right about.

0:22:19.720 --> 0:22:22.639
<v Speaker 3>Desperately need a Gaker right now. So Gawker publishes their

0:22:22.680 --> 0:22:25.439
<v Speaker 3>first story on him six hours after the New York

0:22:25.480 --> 0:22:26.439
<v Speaker 3>Post story drops.

0:22:26.560 --> 0:22:27.439
<v Speaker 2>Nice, They're like.

0:22:27.440 --> 0:22:30.480
<v Speaker 3>We're on it too, So they had more details from

0:22:30.480 --> 0:22:33.720
<v Speaker 3>that epic Las Vegas Casino birthday party. The one yeah,

0:22:33.800 --> 0:22:36.879
<v Speaker 3>well was Gawker reported and I quote Meghan Fox was

0:22:36.920 --> 0:22:39.200
<v Speaker 3>flown out to Vegas to hang out with the birthday boy,

0:22:39.280 --> 0:22:41.840
<v Speaker 3>who routinely surrounds himself with models.

0:22:42.320 --> 0:22:44.520
<v Speaker 2>So did he like hire Meghan Fox.

0:22:44.600 --> 0:22:47.280
<v Speaker 3>He's hiring everybody, and he's paying everyone.

0:22:47.359 --> 0:22:49.560
<v Speaker 4>The thing about these celebrities that you know they did,

0:22:49.560 --> 0:22:52.040
<v Speaker 4>I mean you have. It used to be that celebrities

0:22:52.040 --> 0:22:54.000
<v Speaker 4>didn't want to do commercials, huh, and so.

0:22:53.920 --> 0:22:55.480
<v Speaker 2>They did them in the foreign countries.

0:22:55.720 --> 0:22:58.000
<v Speaker 4>Yeah, and now they don't care, they'll plug anything.

0:22:58.000 --> 0:22:58.840
<v Speaker 2>They just get paid.

0:22:59.359 --> 0:23:02.240
<v Speaker 4>But they also do all these weird appearances, in these

0:23:02.280 --> 0:23:04.679
<v Speaker 4>personal appearances, pay to have them go wherever.

0:23:04.800 --> 0:23:06.520
<v Speaker 3>Yeah. It used to be like, oh, like you know,

0:23:06.800 --> 0:23:09.720
<v Speaker 3>so and so went over and and went to Oman

0:23:10.080 --> 0:23:13.320
<v Speaker 3>for this, but like you know, Leader's sons birthday party

0:23:13.440 --> 0:23:15.720
<v Speaker 3>and then performed. And it's not even like j Lo

0:23:16.000 --> 0:23:18.360
<v Speaker 3>is in Qatar anymore. Now it's like you can get

0:23:18.359 --> 0:23:20.840
<v Speaker 3>them to come down for like your furniture stores opening,

0:23:20.840 --> 0:23:22.879
<v Speaker 3>if you're willing to pay them one hundred thousand dollars.

0:23:22.880 --> 0:23:23.680
<v Speaker 2>You got enough money.

0:23:23.800 --> 0:23:27.400
<v Speaker 3>Yeah, so okay. So as also, Goker had another great

0:23:27.480 --> 0:23:30.000
<v Speaker 3>quote about Joe Lo. They I think, provide some interesting

0:23:30.080 --> 0:23:33.679
<v Speaker 3>color about how Jolo quote rents several apartments in the

0:23:33.760 --> 0:23:36.760
<v Speaker 3>Park Imperial on West fifty seventh Street in Midtown that

0:23:36.880 --> 0:23:41.080
<v Speaker 3>housed him and his staff, including several bodyguards. Famous neighbors

0:23:41.080 --> 0:23:47.440
<v Speaker 3>include Daniel Craig and Sean Combs. Oh yeah, birds. It's

0:23:47.520 --> 0:23:50.080
<v Speaker 3>key to remember that this was again two thousand and nine,

0:23:50.160 --> 0:23:53.840
<v Speaker 3>just one year earlier. The entire world's economy had melted down,

0:23:54.240 --> 0:23:55.920
<v Speaker 3>so not many people were in the mood to throw

0:23:56.000 --> 0:23:56.840
<v Speaker 3>money around.

0:23:56.720 --> 0:24:00.960
<v Speaker 2>When he has multiple apartments. Yes, yes, that's obscene.

0:24:01.080 --> 0:24:03.040
<v Speaker 3>No one knows where the money's coming from. People are wondering,

0:24:03.119 --> 0:24:04.560
<v Speaker 3>is he an arms dealer? What's his story?

0:24:04.720 --> 0:24:06.479
<v Speaker 2>They don't even they don't care, He don't care.

0:24:06.520 --> 0:24:08.399
<v Speaker 4>They liked it was he an arms dealer, because that's

0:24:08.440 --> 0:24:11.359
<v Speaker 4>a fun, exciting little bit of gossipy, don't They don't

0:24:11.400 --> 0:24:13.960
<v Speaker 4>give a toss when no where it comes from.

0:24:14.000 --> 0:24:16.360
<v Speaker 3>Also, but the people were talking about like, okay, this

0:24:16.400 --> 0:24:19.600
<v Speaker 3>is when Las Vegas began to seriously court international gamblers,

0:24:19.600 --> 0:24:21.919
<v Speaker 3>as you well know, because they needed to stay in business.

0:24:22.480 --> 0:24:25.560
<v Speaker 3>And so what was true for like Vegas casino general

0:24:25.560 --> 0:24:29.400
<v Speaker 3>managers was also true for Manhattan nightclub owners. Naturally, they

0:24:29.400 --> 0:24:31.679
<v Speaker 3>were both more than happy to protect a man's privacy

0:24:31.760 --> 0:24:35.280
<v Speaker 3>or a person's privacy, you know, the Jolo's privacy in particular,

0:24:35.520 --> 0:24:37.600
<v Speaker 3>because he was saving their asses as far as they

0:24:37.600 --> 0:24:39.280
<v Speaker 3>were concerned, Like we need a guy like.

0:24:39.280 --> 0:24:41.399
<v Speaker 2>Him at bottle service markup.

0:24:41.160 --> 0:24:44.080
<v Speaker 3>Yeah, exactly. So you know, like nobody, as they said,

0:24:44.119 --> 0:24:46.480
<v Speaker 3>nobody was throwing money around like Jolo. So people were

0:24:46.640 --> 0:24:50.120
<v Speaker 3>ready to protect him, possibly from himself, but at least

0:24:50.400 --> 0:24:53.639
<v Speaker 3>like the wrong people seeing him. Yeah, So back to Jolo.

0:24:53.720 --> 0:24:56.760
<v Speaker 3>The year is twenty ten now, so Jolo grows even

0:24:56.800 --> 0:24:59.560
<v Speaker 3>more flagrant. Now remember his crush on Paris Hilton, who's

0:24:59.600 --> 0:24:59.960
<v Speaker 3>now party?

0:25:00.640 --> 0:25:01.359
<v Speaker 2>I remember that?

0:25:01.560 --> 0:25:04.439
<v Speaker 3>Well. In twenty ten there were now rumors in print

0:25:04.480 --> 0:25:07.359
<v Speaker 3>that Jolo was paying Paris Hilton a million dollars to

0:25:07.400 --> 0:25:09.520
<v Speaker 3>hang out with him and to party in places like

0:25:09.560 --> 0:25:12.919
<v Speaker 3>Sant Trepez. And he apparently rented a yacht from the

0:25:12.960 --> 0:25:16.800
<v Speaker 3>billionaire Paul Allen. Oh wow, he's like mega yacht. Tattoose

0:25:16.920 --> 0:25:19.720
<v Speaker 3>is what it called three hundred three foot yacht. It's

0:25:19.720 --> 0:25:21.480
<v Speaker 3>the kind of boath that has a movie theater and

0:25:21.520 --> 0:25:24.080
<v Speaker 3>a parking spot for your helicopter. Right, that kind of

0:25:24.119 --> 0:25:26.359
<v Speaker 3>boat and so then the rumors hit the press that

0:25:26.440 --> 0:25:29.760
<v Speaker 3>Paris Siltan was dating him or you know, at least

0:25:29.800 --> 0:25:32.800
<v Speaker 3>spending time with him, and so she denies them, right,

0:25:32.840 --> 0:25:34.400
<v Speaker 3>she has her reptil the New York Post.

0:25:34.600 --> 0:25:37.040
<v Speaker 2>They are friends, they're not canonling.

0:25:37.119 --> 0:25:38.640
<v Speaker 3>Yeah, just he pays her for her time.

0:25:38.760 --> 0:25:41.080
<v Speaker 4>If someone like, let's think of it like a if

0:25:41.119 --> 0:25:46.080
<v Speaker 4>some guy, some some random eccentric guy said I'll pay

0:25:46.119 --> 0:25:48.800
<v Speaker 4>you a million dollars or no, let's like, let's say

0:25:48.840 --> 0:25:52.440
<v Speaker 4>some bodacious babe or not so bodacious babe. I guess

0:25:52.640 --> 0:25:55.040
<v Speaker 4>if we're going to do equivalents said I'll give you

0:25:55.080 --> 0:25:59.199
<v Speaker 4>a million dollars Aaron to come party with me on

0:25:59.280 --> 0:26:00.879
<v Speaker 4>the Mediterranean, and would you do it?

0:26:00.920 --> 0:26:01.480
<v Speaker 2>Would you go?

0:26:02.520 --> 0:26:04.800
<v Speaker 3>I would need to know more information, like you know, what,

0:26:04.800 --> 0:26:07.480
<v Speaker 3>what is this party? Why do you want me? When

0:26:07.520 --> 0:26:09.240
<v Speaker 3>do I get the money?

0:26:08.600 --> 0:26:09.040
<v Speaker 4>You see?

0:26:09.119 --> 0:26:09.840
<v Speaker 2>The hangout?

0:26:10.200 --> 0:26:12.239
<v Speaker 3>Like I'm not signing NDA's you know, there's a lot

0:26:12.280 --> 0:26:13.040
<v Speaker 3>of stuff that I do.

0:26:13.160 --> 0:26:14.720
<v Speaker 2>I bet you ye, Betty Adam.

0:26:14.520 --> 0:26:16.440
<v Speaker 3>Oh yeah, totally. It's a whole lifestyle. So like I'm

0:26:16.440 --> 0:26:18.360
<v Speaker 3>not it's not the money part there, Like I don't

0:26:18.359 --> 0:26:21.680
<v Speaker 3>mind being like, oh, a paid person, but it would

0:26:21.680 --> 0:26:25.200
<v Speaker 3>be the fact that, like I have, I have morality

0:26:25.240 --> 0:26:26.920
<v Speaker 3>about that, Like I'm not you can't pay me to

0:26:26.960 --> 0:26:28.879
<v Speaker 3>do something I don't want to do, right, But if

0:26:28.880 --> 0:26:30.399
<v Speaker 3>you want to just pay me to like party on

0:26:30.440 --> 0:26:32.320
<v Speaker 3>a yacht, if I was into partying on yachts, I'd

0:26:32.320 --> 0:26:34.960
<v Speaker 3>be like sure. And obviously Paris Hilton is in Joy's party.

0:26:35.400 --> 0:26:37.240
<v Speaker 3>You're not asking her to do anything she doesn't like doing.

0:26:37.320 --> 0:26:39.520
<v Speaker 3>So if I was something equivalent, like he's Aaron you

0:26:39.520 --> 0:26:42.040
<v Speaker 3>want to come to my fantacy football draft, I'd be

0:26:42.080 --> 0:26:43.480
<v Speaker 3>like sure, for a million.

0:26:43.240 --> 0:26:45.359
<v Speaker 2>Dollars, come ride mountain bikes with me?

0:26:45.560 --> 0:26:47.760
<v Speaker 3>Yeah, there you go, right, So that makes it a

0:26:47.800 --> 0:26:48.919
<v Speaker 3>little easier, I get it.

0:26:49.000 --> 0:26:49.160
<v Speaker 2>Yeah.

0:26:49.200 --> 0:26:51.000
<v Speaker 3>Okay, So at this point, now the New York Post

0:26:51.080 --> 0:26:53.840
<v Speaker 3>they find some of Paris Hilton's friends who claimed Jolo

0:26:53.920 --> 0:26:56.240
<v Speaker 3>is actually only paying her one hundred thousand dollars each

0:26:56.280 --> 0:26:59.480
<v Speaker 3>time they hang out. Oh yeah, that's why. Yeah I

0:26:59.520 --> 0:27:02.119
<v Speaker 3>came up with that number. So believe whatever and whoever

0:27:02.160 --> 0:27:04.200
<v Speaker 3>you want. But the point is jo Loo was using

0:27:04.240 --> 0:27:07.200
<v Speaker 3>Paris Hilton and paying her so he could get famous

0:27:07.240 --> 0:27:10.439
<v Speaker 3>and also gain access to real stars in big, big money.

0:27:10.520 --> 0:27:10.840
<v Speaker 2>Yeah.

0:27:10.880 --> 0:27:12.840
<v Speaker 3>So, according there's a whole book about him called Billion

0:27:12.840 --> 0:27:15.320
<v Speaker 3>Dollar Whale. And according to Billion Dollar Whale, which was written,

0:27:15.320 --> 0:27:17.920
<v Speaker 3>by the way, by a pair of Wall Street Journal reporters,

0:27:18.080 --> 0:27:20.679
<v Speaker 3>great a good book, jo Lo was with Paris Hilton

0:27:20.720 --> 0:27:24.280
<v Speaker 3>when she celebrated her twenty ninth birthday. Their entourage partied

0:27:24.280 --> 0:27:27.920
<v Speaker 3>in Vegas at the Palazzo, and Jolo gave his longtime

0:27:27.960 --> 0:27:31.600
<v Speaker 3>crush a Cartier watch. And then, as the book reports,

0:27:31.680 --> 0:27:34.520
<v Speaker 3>Low quote handed her two hundred and fifty thousand dollars

0:27:34.600 --> 0:27:36.639
<v Speaker 3>in gambling chips and asked her to join him at

0:27:36.640 --> 0:27:37.919
<v Speaker 3>the baccarat table.

0:27:38.640 --> 0:27:42.000
<v Speaker 2>And her birthday party. Yes, I mean this sounds sir.

0:27:42.040 --> 0:27:43.960
<v Speaker 3>Million dollars join me at the baker rote.

0:27:43.800 --> 0:27:46.040
<v Speaker 2>Too, and she just accepts it, of course.

0:27:46.119 --> 0:27:48.160
<v Speaker 3>And that's not all because, back to the book Billion

0:27:48.200 --> 0:27:51.119
<v Speaker 3>Dollar Whale, Quote, between October two thousand and nine and

0:27:51.240 --> 0:27:54.240
<v Speaker 3>June twenty ten, a period of only eight months, low

0:27:54.320 --> 0:27:58.320
<v Speaker 3>and his entourage spent eighty five million dollars on alcohol,

0:27:58.640 --> 0:28:02.280
<v Speaker 3>gambling in Vegas, jets, renting super yachts, and to pay

0:28:02.320 --> 0:28:05.479
<v Speaker 3>playmates and Hollywood celebrities to hang out with them. Eighty

0:28:05.560 --> 0:28:10.680
<v Speaker 3>five five million million dollars in eight months. That's more

0:28:10.720 --> 0:28:12.640
<v Speaker 3>than ten million dollars a month.

0:28:13.560 --> 0:28:15.400
<v Speaker 2>I just Oh my god, I.

0:28:15.359 --> 0:28:17.280
<v Speaker 3>Need to ask you another question, Elizabeth. Sure, if you

0:28:17.320 --> 0:28:19.480
<v Speaker 3>stole a billion dollars from the people of Malaysia, what

0:28:19.520 --> 0:28:21.679
<v Speaker 3>would you do with it?

0:28:21.800 --> 0:28:24.000
<v Speaker 2>A billion dollars from the people of Malaysia.

0:28:24.600 --> 0:28:26.439
<v Speaker 3>You asked me a question, that's my question for you.

0:28:26.880 --> 0:28:29.560
<v Speaker 4>Well, I guess I got to figure out how to

0:28:29.600 --> 0:28:30.879
<v Speaker 4>make sure they don't come at me.

0:28:31.320 --> 0:28:32.440
<v Speaker 3>What does this assume they can't?

0:28:32.440 --> 0:28:34.520
<v Speaker 4>So they can't because I'll say, like half of it

0:28:34.600 --> 0:28:37.040
<v Speaker 4>is my is to pay for my standing army, oh

0:28:37.359 --> 0:28:42.400
<v Speaker 4>and then smart and the rest, you know, just chilling. Well,

0:28:42.480 --> 0:28:46.800
<v Speaker 4>I'm reading people to burritos, like I just pay a burrito, like.

0:28:46.800 --> 0:28:50.680
<v Speaker 3>Picking up like people's vet bills, oh yeah, yeah yeah,

0:28:50.560 --> 0:28:52.680
<v Speaker 3>going down to a vet hospble and hanging out.

0:28:52.720 --> 0:28:54.720
<v Speaker 4>Just yeah, and just be like how much how much

0:28:55.040 --> 0:28:56.360
<v Speaker 4>do people owe you this month?

0:28:56.440 --> 0:28:57.440
<v Speaker 3>Put the card down there?

0:28:57.480 --> 0:28:58.520
<v Speaker 2>It is there, it is.

0:28:58.600 --> 0:28:58.800
<v Speaker 3>Yeah.

0:28:58.840 --> 0:29:01.280
<v Speaker 2>They do stuff like that, you know, school field.

0:29:01.080 --> 0:29:03.560
<v Speaker 3>Trips, well, lunches, I know you are, Okay. I got

0:29:03.560 --> 0:29:06.280
<v Speaker 3>a more specific second question. How much of that same

0:29:06.320 --> 0:29:09.360
<v Speaker 3>billion dollars would you use to bankroll the sequel Dumb

0:29:09.400 --> 0:29:10.440
<v Speaker 3>and Dumberer two.

0:29:11.560 --> 0:29:13.760
<v Speaker 2>I'd say probably around zero dollars.

0:29:13.800 --> 0:29:17.320
<v Speaker 3>Well, it turns out that movie was bankrolled by Jolo.

0:29:18.600 --> 0:29:20.600
<v Speaker 2>That was also the Malaysian Wealth Fund.

0:29:20.680 --> 0:29:23.200
<v Speaker 3>Really the first time people began to take notice of

0:29:23.280 --> 0:29:27.040
<v Speaker 3>Jolo's Hollywood aspirations also was the first time people began

0:29:27.160 --> 0:29:29.440
<v Speaker 3>to make concrete legal claims against him.

0:29:30.080 --> 0:29:32.800
<v Speaker 4>You know, just think about like the person who reeled

0:29:32.880 --> 0:29:36.240
<v Speaker 4>him in and like when he said yes, I'll do

0:29:36.320 --> 0:29:39.520
<v Speaker 4>it and starts transferring money, and like all the people

0:29:39.720 --> 0:29:42.280
<v Speaker 4>that that that, like the guy who secured the funding

0:29:42.400 --> 0:29:45.280
<v Speaker 4>is telling, oh, yeah, how excited, Like You're never going

0:29:45.320 --> 0:29:46.760
<v Speaker 4>to believe how much money I got.

0:29:47.520 --> 0:29:52.280
<v Speaker 3>Yeah, just how he keeps spiraling. So in this why

0:29:52.320 --> 0:29:54.959
<v Speaker 3>it's the summer of twenty thirteen, right just after Leonardo

0:29:54.960 --> 0:29:57.560
<v Speaker 3>DiCaprio finished filming The Wolf of Wall Street in the

0:29:57.760 --> 0:29:59.840
<v Speaker 3>like autumn of twenty.

0:29:59.360 --> 0:30:00.640
<v Speaker 2>Twelve, and that long.

0:30:00.880 --> 0:30:05.080
<v Speaker 3>Yeah, So at this point, Joe Lo gets sued by

0:30:05.080 --> 0:30:08.240
<v Speaker 3>the producers of Dumb and Dumberer two. See the producers

0:30:08.280 --> 0:30:12.000
<v Speaker 3>alleged in their lawsuit against Joel's production company Red Granite,

0:30:12.000 --> 0:30:14.920
<v Speaker 3>and I quote Red Granite is s funded with moneies

0:30:14.920 --> 0:30:18.480
<v Speaker 3>that include proceeds from offenses against a foreign nation that

0:30:18.600 --> 0:30:22.880
<v Speaker 3>involve bribery public officials or misappropriation, theft or embezzlement of

0:30:22.880 --> 0:30:25.840
<v Speaker 3>public funds by a public official. Plaintiffs are informed and

0:30:25.840 --> 0:30:28.440
<v Speaker 3>believed that public officials in Asia and the Middle East

0:30:28.440 --> 0:30:32.880
<v Speaker 3>have taken bribes and or misappropriated, stolen or embezzled funds,

0:30:32.960 --> 0:30:35.280
<v Speaker 3>and that those ill gotten funds have been invested in

0:30:35.360 --> 0:30:38.480
<v Speaker 3>Red Granite. That pretty much lays it all out right

0:30:38.800 --> 0:30:41.400
<v Speaker 3>in the language. So what's the story of this production company,

0:30:41.480 --> 0:30:45.440
<v Speaker 3>Red Granite? Fantastic question, Elizabeth. You see, back in twenty ten,

0:30:45.560 --> 0:30:48.640
<v Speaker 3>jo Lo and his school friend Reza Aziz, they decided

0:30:48.680 --> 0:30:51.320
<v Speaker 3>to get into the film business. Yeah, neither man had

0:30:51.360 --> 0:30:52.600
<v Speaker 3>any experience in Alloa.

0:30:52.680 --> 0:30:53.000
<v Speaker 2>Why not?

0:30:53.120 --> 0:30:55.560
<v Speaker 3>But in fact Aziz had been a banker in London,

0:30:55.760 --> 0:30:58.080
<v Speaker 3>so he thought, Oh, after the financial collapse of two

0:30:58.120 --> 0:30:59.920
<v Speaker 3>thousand and eight, he decided to get out of banking.

0:31:00.000 --> 0:31:01.680
<v Speaker 3>He's like, I'm going to get into the picture business.

0:31:01.800 --> 0:31:04.880
<v Speaker 3>These are very similar, luckily for him. In two thousand

0:31:04.880 --> 0:31:08.400
<v Speaker 3>and nine, his stepfather, the newly elected Prime Minister of Malaysia,

0:31:08.520 --> 0:31:12.840
<v Speaker 3>formed something called one MDB, which stands for one Malaysia

0:31:12.920 --> 0:31:17.840
<v Speaker 3>Development baarhart Or Bank. Now that's the aforementioned sovereign weal

0:31:17.880 --> 0:31:20.480
<v Speaker 3>fund I told you about. Yeah, that Jolo conspired along

0:31:20.520 --> 0:31:23.240
<v Speaker 3>with his buddy disease and his stepfather to create It

0:31:23.360 --> 0:31:27.520
<v Speaker 3>was designed to quote invest in green energy and tourism,

0:31:27.560 --> 0:31:31.240
<v Speaker 3>to create high quality jobs for all Malaysians. But really

0:31:31.240 --> 0:31:33.480
<v Speaker 3>it was a big piggybank for them to loot. Yeah,

0:31:33.760 --> 0:31:35.800
<v Speaker 3>this is where it starts to resemble our more modern

0:31:35.840 --> 0:31:39.200
<v Speaker 3>money laundering schemes. You see, the Malaysian government partnered with

0:31:39.240 --> 0:31:42.720
<v Speaker 3>a Saudi investment firm called Petro Saudi, and that all

0:31:42.720 --> 0:31:45.760
<v Speaker 3>made perfect sense on paper. Since Malaysia is a predominantly

0:31:45.840 --> 0:31:48.840
<v Speaker 3>Muslim nation, it's also conservative, and it's an oil producer

0:31:49.280 --> 0:31:52.160
<v Speaker 3>just like Saudi Arabia. They're like, we have similar business interests.

0:31:52.440 --> 0:31:56.240
<v Speaker 3>So the investment deal was Malaysia and Petro Saudi contributed

0:31:56.320 --> 0:31:59.440
<v Speaker 3>two point five billion dollars to the new one MDB

0:31:59.600 --> 0:32:00.640
<v Speaker 3>investment fun.

0:32:00.600 --> 0:32:02.640
<v Speaker 2>So this is for green energy.

0:32:02.520 --> 0:32:04.680
<v Speaker 3>Yeah, because back then that's what Sudi Raby was talking

0:32:04.720 --> 0:32:07.320
<v Speaker 3>about the future was going to be green energy. So

0:32:07.760 --> 0:32:10.600
<v Speaker 3>sensibly this was for new infrastructure as well as oil

0:32:10.640 --> 0:32:13.000
<v Speaker 3>development projects because they're not going to leave their money

0:32:13.000 --> 0:32:17.080
<v Speaker 3>maker behind. So meanwhile, behind the scenes, seven hundred million

0:32:17.120 --> 0:32:19.880
<v Speaker 3>dollars was directed into a shell company called good Star,

0:32:20.200 --> 0:32:24.560
<v Speaker 3>which was a company owned and controlled by Jolo. So

0:32:24.760 --> 0:32:27.120
<v Speaker 3>there are all these the mini bribes and payoffs to

0:32:27.160 --> 0:32:29.960
<v Speaker 3>Malaysian officials to grease the wheels of their conspiracy. Not

0:32:30.080 --> 0:32:33.360
<v Speaker 3>to mention the fees paid international investment banks like Goldman Sachs,

0:32:33.560 --> 0:32:36.520
<v Speaker 3>because the investment banks executives helped make this scheme pass

0:32:36.600 --> 0:32:40.040
<v Speaker 3>compliance and beat all the regulators and what they would do.

0:32:40.080 --> 0:32:42.160
<v Speaker 3>And as you might imagine, with all that graft and

0:32:42.200 --> 0:32:45.000
<v Speaker 3>outright theft, it didn't leave much money for the needed

0:32:45.040 --> 0:32:49.080
<v Speaker 3>green energy and infrastructure projects or the quote high quality

0:32:49.160 --> 0:32:52.560
<v Speaker 3>jobs for all Malaysians. But anyway, back to Red Granted.

0:32:52.640 --> 0:32:55.640
<v Speaker 3>In twenty ten, using the money embezzled from one MDB

0:32:55.840 --> 0:32:59.440
<v Speaker 3>and dispersed through Low's front company, Good Star, Aziz took

0:32:59.440 --> 0:33:01.440
<v Speaker 3>a cut of hundreds of millions of dollars and he

0:33:01.440 --> 0:33:04.560
<v Speaker 3>bought himself a production company and he named himself co

0:33:04.640 --> 0:33:07.880
<v Speaker 3>founder and CEO. And then to make their name on

0:33:07.880 --> 0:33:10.160
<v Speaker 3>the Hollywood scene, Joe Lo did what he did best.

0:33:10.200 --> 0:33:13.320
<v Speaker 3>He threw an epic party to announce their new production company,

0:33:13.360 --> 0:33:16.280
<v Speaker 3>Red Granite, and in May of twenty eleven, at the

0:33:16.320 --> 0:33:19.200
<v Speaker 3>Conns Film Festival, Red Granted announced that they had just

0:33:19.280 --> 0:33:21.680
<v Speaker 3>purchased the rights to the Wolf of Wall Street and

0:33:21.680 --> 0:33:25.320
<v Speaker 3>they intended to make it with DiCaprio and Scorsese. This

0:33:25.520 --> 0:33:28.920
<v Speaker 3>was huge news, yeah, because, as the Hollywood Press reported

0:33:28.960 --> 0:33:31.920
<v Speaker 3>it at the time, DiCaprio had finally found someone to

0:33:31.960 --> 0:33:34.200
<v Speaker 3>pay for his dream project. He'd been wanting to make

0:33:34.240 --> 0:33:36.760
<v Speaker 3>this for years, and the Wolf of Wall Street had

0:33:36.800 --> 0:33:39.440
<v Speaker 3>been mired in development, had gone into turnaround. It had

0:33:39.480 --> 0:33:41.600
<v Speaker 3>been just been bobbing around Hollywood for a while. It's

0:33:41.640 --> 0:33:45.080
<v Speaker 3>always deemed basically too expensive because it had a hard

0:33:45.240 --> 0:33:48.719
<v Speaker 3>R rating and it also had one hundred million dollar budget,

0:33:48.720 --> 0:33:50.440
<v Speaker 3>so it was a risky investment as far as all

0:33:50.480 --> 0:33:53.160
<v Speaker 3>the calculus they use. So back in two thousand and nine,

0:33:53.160 --> 0:33:54.840
<v Speaker 3>no one in Hollywood was willing to take that risk

0:33:54.840 --> 0:33:57.160
<v Speaker 3>because nobody has any money, right, And all of a sudden,

0:33:57.160 --> 0:33:59.160
<v Speaker 3>this guy, when Red Granite comes along and he goes

0:33:59.200 --> 0:34:01.320
<v Speaker 3>to cons and announces it, we're making it. We're doing

0:34:01.320 --> 0:34:04.280
<v Speaker 3>the Wolf of Wall Street. And to make sure people

0:34:04.360 --> 0:34:07.160
<v Speaker 3>had all eyes on the Red Granite party, they flew

0:34:07.200 --> 0:34:10.680
<v Speaker 3>in Kanye West to perform. And when you know it,

0:34:10.719 --> 0:34:12.880
<v Speaker 3>Forarrell Williams opened for Kanye.

0:34:12.560 --> 0:34:13.760
<v Speaker 2>What does he buzzing around?

0:34:14.440 --> 0:34:17.480
<v Speaker 3>So you got Bradley Cooper and Leonardo DiCaprio dancing in

0:34:17.520 --> 0:34:20.760
<v Speaker 3>the crowd right. And later on when Kanye took the stage,

0:34:21.040 --> 0:34:24.160
<v Speaker 3>Jamie Fox joined him and together they performed gold Digger,

0:34:24.200 --> 0:34:26.520
<v Speaker 3>with Jamie Fox doing his own like you know bit

0:34:26.560 --> 0:34:29.839
<v Speaker 3>from the race. So it was quite the spectacles. When

0:34:29.840 --> 0:34:33.480
<v Speaker 3>I'm telling quite the party, you would have loved, I love,

0:34:33.520 --> 0:34:38.120
<v Speaker 3>I mean hate. In an interview with Collider producer Reza Aziz,

0:34:38.200 --> 0:34:40.719
<v Speaker 3>he spoke to the many questions about what an amateur

0:34:40.880 --> 0:34:43.920
<v Speaker 3>like him was doing in cons or in Hollywood, and

0:34:43.960 --> 0:34:46.759
<v Speaker 3>why some neophyte like him was producing a movie with

0:34:46.760 --> 0:34:49.680
<v Speaker 3>one of the greatest living directors, and how he'd managed

0:34:49.680 --> 0:34:52.040
<v Speaker 3>to partner with one of the world's most famous, respected

0:34:52.120 --> 0:34:55.080
<v Speaker 3>leading men. And obviously the answer was quite simple.

0:34:55.600 --> 0:34:56.240
<v Speaker 2>Money money.

0:34:56.400 --> 0:34:59.240
<v Speaker 3>So Aziz called The Wolf of Wall Street a compelling

0:34:59.280 --> 0:35:02.600
<v Speaker 3>story about quote a guy who comes from nothing, gets

0:35:02.640 --> 0:35:06.000
<v Speaker 3>everything overnight and becomes rich. And in that journey from

0:35:06.040 --> 0:35:09.440
<v Speaker 3>nothing to everything, he gets sidetracked with all the drugs,

0:35:09.480 --> 0:35:11.759
<v Speaker 3>the hookers and the alcohol, and once he gets to

0:35:11.800 --> 0:35:14.320
<v Speaker 3>the top, he gets taken down by the government.

0:35:14.920 --> 0:35:16.520
<v Speaker 2>That's an aspirational story.

0:35:16.760 --> 0:35:19.399
<v Speaker 3>He also promised that once again, quote when you see

0:35:19.440 --> 0:35:22.440
<v Speaker 3>the film, it's a good snapshot of what American capitalism

0:35:22.560 --> 0:35:25.120
<v Speaker 3>is like kind of an indictment.

0:35:26.920 --> 0:35:28.560
<v Speaker 2>He's like, and that's complimentary.

0:35:28.680 --> 0:35:32.120
<v Speaker 3>Yeah, so I guess true words were never spoken, right,

0:35:32.160 --> 0:35:34.440
<v Speaker 3>But that doesn't answer the question. How did Joe Lo

0:35:34.640 --> 0:35:38.359
<v Speaker 3>and Riza Aziz impress Scorsese and DiCaprio enough to work

0:35:38.400 --> 0:35:41.360
<v Speaker 3>with them? I said, money, But there's more to it. Okay,

0:35:41.480 --> 0:35:43.920
<v Speaker 3>let's take a break and after these messages, we will

0:35:43.960 --> 0:36:08.320
<v Speaker 3>get back into the more. Back, Elizabeth, we are back

0:36:08.520 --> 0:36:13.520
<v Speaker 3>to enjoying Jo Lo and this crazy tour. S okay, Well,

0:36:13.960 --> 0:36:17.160
<v Speaker 3>back to my man, Reza Asease. He had an interview

0:36:17.160 --> 0:36:22.480
<v Speaker 3>with Collider, the media outlet that covers like entertainment and uh.

0:36:22.520 --> 0:36:26.719
<v Speaker 3>In that interview, he credited his businessman's efficiency for his success,

0:36:27.560 --> 0:36:27.839
<v Speaker 3>with the.

0:36:27.800 --> 0:36:31.480
<v Speaker 4>Straight efficiency, all efficiency.

0:36:30.920 --> 0:36:33.000
<v Speaker 3>He said, explaining how he got into the Wolf of

0:36:33.000 --> 0:36:35.520
<v Speaker 3>Wall Street and got Marty and Leo to come together

0:36:35.600 --> 0:36:36.400
<v Speaker 3>on the project.

0:36:36.560 --> 0:36:37.480
<v Speaker 2>Yes, he said, and.

0:36:37.520 --> 0:36:40.200
<v Speaker 3>I quote, we bought the script in the book rights

0:36:40.200 --> 0:36:43.520
<v Speaker 3>from Warner Brothers and signed Leo on, and then waited

0:36:43.560 --> 0:36:46.640
<v Speaker 3>for Marty to finish with Hugo and signed him on.

0:36:46.640 --> 0:36:48.400
<v Speaker 3>Once you get those two guys on board, it's a

0:36:48.440 --> 0:36:51.240
<v Speaker 3>fast moving train. Right after it's been a great ride

0:36:51.280 --> 0:36:51.680
<v Speaker 3>so far.

0:36:52.560 --> 0:36:57.000
<v Speaker 2>At least he like didn't mix his metaphors that if.

0:36:56.840 --> 0:36:59.760
<v Speaker 3>You asked the actual Wolf of Wall Street, Jordan Belford,

0:36:59.760 --> 0:37:01.759
<v Speaker 3>who oh yeah, brought into all this.

0:37:01.920 --> 0:37:03.840
<v Speaker 2>He's got to be making money off of it.

0:37:03.960 --> 0:37:06.719
<v Speaker 3>Oh, he told The Hollywood Reporter in twenty fourteen. A

0:37:06.719 --> 0:37:10.640
<v Speaker 3>little bit later quote Leo just refused to let it die.

0:37:10.719 --> 0:37:13.880
<v Speaker 3>And after the option expired in twenty eleven, Scott Lambert

0:37:13.920 --> 0:37:18.240
<v Speaker 3>called a meeting with everybody, me, DiCaprio's manager, rick Yorn, Leo,

0:37:18.440 --> 0:37:22.040
<v Speaker 3>and Alexandra at the Polo Lounge and Leo goes, We're

0:37:22.080 --> 0:37:25.240
<v Speaker 3>gonna get Marty, and then I start hearing about Red Granite.

0:37:25.480 --> 0:37:28.600
<v Speaker 3>They buy it. They announced it con They said, listen,

0:37:28.600 --> 0:37:32.040
<v Speaker 3>we're gonna make Marty an offer he can't refuse. Isn't

0:37:32.040 --> 0:37:32.480
<v Speaker 3>that cute?

0:37:32.560 --> 0:37:34.440
<v Speaker 2>I love it there at the Polo Loune.

0:37:34.520 --> 0:37:37.120
<v Speaker 3>Right, the Hollywood newbies are gonna make a Godfather reference

0:37:37.160 --> 0:37:40.360
<v Speaker 3>about them pressuring Martin scor Sasey into making their film

0:37:40.600 --> 0:37:42.400
<v Speaker 3>So Good at the polou.

0:37:42.080 --> 0:37:45.120
<v Speaker 2>At the Polo Anywhere, Pink and everywhere.

0:37:45.360 --> 0:37:49.200
<v Speaker 3>So before filming began for New Year's Eve in twenty twelve,

0:37:49.560 --> 0:37:52.480
<v Speaker 3>Joe Lo and Disease Jamie Fox, DiCaprio, and his co

0:37:52.560 --> 0:37:55.879
<v Speaker 3>star Jonahill. They all celebrate New Year's together in Australia.

0:37:56.520 --> 0:37:58.479
<v Speaker 3>Then they hopped on a private jet and they flew

0:37:58.560 --> 0:38:01.200
<v Speaker 3>to Vegas where they promptly celebrated the New Year a

0:38:01.360 --> 0:38:03.960
<v Speaker 3>second time. Isn't that amazing, Elizabeth?

0:38:04.160 --> 0:38:07.480
<v Speaker 4>You know, it's the concern for the environment by up,

0:38:07.520 --> 0:38:07.799
<v Speaker 4>you know.

0:38:08.280 --> 0:38:10.400
<v Speaker 3>But see, they had enough embezzled money to celebrate New

0:38:10.480 --> 0:38:13.520
<v Speaker 3>Years twice. Sure, I mean, if time is money, why

0:38:13.560 --> 0:38:14.399
<v Speaker 3>not cheat time?

0:38:14.480 --> 0:38:18.280
<v Speaker 4>But too, you know, at least Leo drives a prius

0:38:18.560 --> 0:38:20.160
<v Speaker 4>of course offset all that.

0:38:20.800 --> 0:38:22.800
<v Speaker 3>So in the fall of twenty twelve, the winter of

0:38:22.840 --> 0:38:25.319
<v Speaker 3>twenty thirteen, they filming The Wolf of Wall Street, right,

0:38:25.600 --> 0:38:27.919
<v Speaker 3>And then when they get done, to commemorate the fact

0:38:27.920 --> 0:38:30.600
<v Speaker 3>that they wrapped jo Lo and Reza z Eve, they

0:38:30.680 --> 0:38:34.160
<v Speaker 3>gave Leonardo DiCaprio a very personal birthday gift, something that

0:38:34.200 --> 0:38:38.000
<v Speaker 3>had eluded him thus far. It was an Oscar. That's right.

0:38:38.120 --> 0:38:41.880
<v Speaker 3>Red Granite presented DiCaprio with the Oscar statuette that Marlon

0:38:41.920 --> 0:38:43.680
<v Speaker 3>Brando won for on the waterfront.

0:38:43.760 --> 0:38:46.480
<v Speaker 2>So why didn't Marlon Brando have this?

0:38:46.960 --> 0:38:50.200
<v Speaker 3>There's a bunch of interesting stories, backstories both of his Oscars.

0:38:50.200 --> 0:38:52.120
<v Speaker 3>He also had another Oscar, the one he got for

0:38:52.160 --> 0:38:54.880
<v Speaker 3>The Godfather. Apparently that one also got lost to the

0:38:54.880 --> 0:38:57.240
<v Speaker 3>wind and ended up with Charlie Chaplin of all people.

0:38:57.440 --> 0:38:59.880
<v Speaker 3>I don't know why this one was. What happened to it?

0:39:00.080 --> 0:39:00.880
<v Speaker 2>Yeah, like did he get.

0:39:03.200 --> 0:39:03.239
<v Speaker 3>So?

0:39:03.360 --> 0:39:05.320
<v Speaker 2>I know he doesn't care, but I'm just curious.

0:39:04.960 --> 0:39:06.680
<v Speaker 3>Like if he I wish I had an answer for it.

0:39:06.760 --> 0:39:08.120
<v Speaker 2>He gave it away to someone else?

0:39:08.280 --> 0:39:10.120
<v Speaker 3>No, I do not know, but I do know that

0:39:10.120 --> 0:39:12.520
<v Speaker 3>it cost them six hundred thousand dollars to buy it

0:39:12.560 --> 0:39:16.040
<v Speaker 3>from the new owner interested. But what's six hundred grand

0:39:16.080 --> 0:39:17.120
<v Speaker 3>between friends? You know?

0:39:17.360 --> 0:39:17.960
<v Speaker 2>Exactly?

0:39:18.080 --> 0:39:20.840
<v Speaker 3>So Joe Low and Rizozis they hoped that that oscar

0:39:20.880 --> 0:39:24.040
<v Speaker 3>would bring good luck to Leo and their film. And

0:39:24.080 --> 0:39:27.240
<v Speaker 3>you know, if you allow me to momentarily fast forward

0:39:27.239 --> 0:39:31.239
<v Speaker 3>to the Oscars. That next following year, DiCaprio was nominated

0:39:31.280 --> 0:39:33.319
<v Speaker 3>for Best Actor for The Wolf of Wall Street. The

0:39:33.400 --> 0:39:36.840
<v Speaker 3>film was nominated for Best Picture, and sadly neither.

0:39:36.640 --> 0:39:41.360
<v Speaker 4>One you look at how badly everyone knew that Leonardo

0:39:41.440 --> 0:39:45.160
<v Speaker 4>DiCaprio really wanted an Oscar and to give him one

0:39:45.200 --> 0:39:49.279
<v Speaker 4>that's not his, like exactly, it's like, no, he doesn't

0:39:49.320 --> 0:39:50.719
<v Speaker 4>want the statuette, you ding.

0:39:51.440 --> 0:39:54.799
<v Speaker 2>He he wants the award. He wants everyone to he

0:39:54.840 --> 0:39:55.680
<v Speaker 2>wants the accolade.

0:39:55.719 --> 0:39:57.759
<v Speaker 3>Here's a tiny gold man. You like tiny gold man?

0:39:57.800 --> 0:39:58.439
<v Speaker 3>Here you come.

0:39:59.200 --> 0:40:02.239
<v Speaker 4>It's like, well, here, Marlon Brando one one, you had it,

0:40:02.600 --> 0:40:03.279
<v Speaker 4>but we bought you.

0:40:03.360 --> 0:40:07.160
<v Speaker 2>Marlon Brando, you can have his. So that makes you happy? Brando,

0:40:07.360 --> 0:40:08.520
<v Speaker 2>but he bust up his hair.

0:40:08.520 --> 0:40:11.319
<v Speaker 3>Does that make you happy? So back to the gifts

0:40:11.320 --> 0:40:13.360
<v Speaker 3>for Leo, because there's others, as I pointed out, and

0:40:13.520 --> 0:40:16.080
<v Speaker 3>many of twenty thirteen. A little bit after this, DiCaprio

0:40:16.200 --> 0:40:20.040
<v Speaker 3>held this art auction for his environmental charity because he's

0:40:20.080 --> 0:40:24.040
<v Speaker 3>into that. Jolo attends the auction, he snaps up two

0:40:24.320 --> 0:40:26.399
<v Speaker 3>pieces of art to support his friend's cause.

0:40:26.440 --> 0:40:28.880
<v Speaker 2>Of course, of course this sparks this art.

0:40:28.760 --> 0:40:32.200
<v Speaker 3>Buying frenzy for jo Lo. So earlier in March he

0:40:32.320 --> 0:40:34.560
<v Speaker 3>bought his very first piece of art, and it was

0:40:34.760 --> 0:40:38.480
<v Speaker 3>Jean Michel Bosquiot's collage painting Redman from nineteen eighty two.

0:40:38.680 --> 0:40:41.440
<v Speaker 3>He bought it for nine point two million dollars. And

0:40:41.480 --> 0:40:44.359
<v Speaker 3>then two days after DiCaprio's art auction in May, jo

0:40:44.440 --> 0:40:48.319
<v Speaker 3>Loo bought another Basquiocht dust Heads, the very famous painting. Yeah,

0:40:48.400 --> 0:40:51.200
<v Speaker 3>that one cost him forty eight point eight million dollars.

0:40:51.480 --> 0:40:52.160
<v Speaker 2>Was it wrecked?

0:40:52.239 --> 0:40:53.879
<v Speaker 3>It was a record at the time for a work

0:40:53.920 --> 0:40:57.880
<v Speaker 3>by Bosciot. What yes? And then that June Jolo grabbed

0:40:57.920 --> 0:41:00.680
<v Speaker 3>a Rothko that set him back about any one point

0:41:00.760 --> 0:41:03.160
<v Speaker 3>five mil. Oh, my god, Elizabeth, he was hooked. He

0:41:03.239 --> 0:41:03.800
<v Speaker 3>got the bug.

0:41:04.080 --> 0:41:05.000
<v Speaker 2>I just can't these.

0:41:05.040 --> 0:41:06.920
<v Speaker 4>I can't get my head around the prices and the

0:41:07.000 --> 0:41:10.680
<v Speaker 4>fact that like Malaysia's buying these, not knowing.

0:41:10.640 --> 0:41:12.600
<v Speaker 3>For the good jobs in Malaysia.

0:41:13.000 --> 0:41:14.479
<v Speaker 2>Green in phasis helping.

0:41:15.600 --> 0:41:19.080
<v Speaker 3>Next, Joo picked up works from Picasso, van go Or

0:41:19.160 --> 0:41:24.000
<v Speaker 3>van Goch, Monet, Liechtenstein, Warhol, and some more Bosciots. Then

0:41:24.040 --> 0:41:26.840
<v Speaker 3>he gave his good friend Leonardo some of his new artworks.

0:41:27.040 --> 0:41:30.239
<v Speaker 3>According to the art news outlet Artsy, they reported that

0:41:30.360 --> 0:41:33.080
<v Speaker 3>quote Lo had decided to gift a few works, the

0:41:33.200 --> 0:41:36.600
<v Speaker 3>nine point two million Bascuiote brought from Namad and the

0:41:36.640 --> 0:41:39.400
<v Speaker 3>three point two million Picasso from the Monaco art dealer,

0:41:39.600 --> 0:41:42.760
<v Speaker 3>along with a Diane Arbus photo purchased for seven hundred

0:41:42.760 --> 0:41:45.719
<v Speaker 3>and fifty thousand dollars, all to one person. The handwritten

0:41:45.760 --> 0:41:50.120
<v Speaker 3>note said, dear Leonardo DiCaprio, Happy belated birthday. This gift

0:41:50.280 --> 0:41:53.440
<v Speaker 3>is for you, creepy happy belated bird.

0:41:53.360 --> 0:41:56.200
<v Speaker 2>Happy dear Leonardo DiCaprio.

0:41:56.360 --> 0:42:00.960
<v Speaker 3>You're so close, Leonardo DiCaprio. I laughed at that one

0:42:00.960 --> 0:42:03.960
<v Speaker 3>when I read it, too. So at this point, not

0:42:04.040 --> 0:42:06.840
<v Speaker 3>long after this, it's now the start of twenty fourteen,

0:42:07.120 --> 0:42:11.200
<v Speaker 3>and Jolo begins to date the Australian supermodel Miranda Kerr. Okay,

0:42:11.360 --> 0:42:13.200
<v Speaker 3>and naturally he was quite generous with her, as he

0:42:13.280 --> 0:42:13.680
<v Speaker 3>was with all.

0:42:13.719 --> 0:42:15.759
<v Speaker 2>His closes quote unquote date.

0:42:15.920 --> 0:42:19.120
<v Speaker 3>No, I don't know. So for Valentine's Day, Jolo ordered

0:42:19.120 --> 0:42:22.600
<v Speaker 3>a diamond necklace worth roughly two million dollars be created

0:42:22.760 --> 0:42:26.000
<v Speaker 3>custom for her and then hand delivered to curR. And

0:42:26.080 --> 0:42:28.399
<v Speaker 3>for Kerr's birthday, which was just a short time after

0:42:28.560 --> 0:42:32.279
<v Speaker 3>Valentine's Day, jo Lo created a nineties themed night and

0:42:32.360 --> 0:42:35.120
<v Speaker 3>for that he paid Salt and Peppa and Vanilla Ice

0:42:35.200 --> 0:42:38.880
<v Speaker 3>to perform at her birthday party. Oh, Leonardo DiCaprio and

0:42:38.920 --> 0:42:40.120
<v Speaker 3>Jamie Fox were at the party.

0:42:40.520 --> 0:42:43.040
<v Speaker 2>Jamie's not missing any of this are.

0:42:42.920 --> 0:42:46.480
<v Speaker 3>Champagne He's It was apparently an epic night.

0:42:46.840 --> 0:42:47.359
<v Speaker 2>Oh sure.

0:42:47.640 --> 0:42:50.319
<v Speaker 3>In my experience, I'm always suspicious of someone who wants

0:42:50.360 --> 0:42:52.719
<v Speaker 3>to hire Vanilla Ice to perform. It just seems like

0:42:52.760 --> 0:42:57.320
<v Speaker 3>a red flag total nineties night Vanilla Ice and I really.

0:42:57.120 --> 0:42:59.440
<v Speaker 2>Disappointed the Salt Pepper, But I mean they got bills.

0:42:59.440 --> 0:43:01.560
<v Speaker 3>They got bills. Yeah, you know. So you know what

0:43:01.560 --> 0:43:03.279
<v Speaker 3>Elizabeth I forgot to tell you about was Joe Lo

0:43:03.440 --> 0:43:06.680
<v Speaker 3>also gave Kerr an enormous sea through one hundred percent

0:43:06.800 --> 0:43:11.440
<v Speaker 3>translucent grand piano around this same time. This piano was

0:43:11.560 --> 0:43:15.400
<v Speaker 3>so big that contractors had to build new walls around

0:43:15.560 --> 0:43:17.960
<v Speaker 3>the piano once they got it into place in her

0:43:17.960 --> 0:43:21.319
<v Speaker 3>Hollywood Hills mansion. So they knocked down walls, they put

0:43:21.320 --> 0:43:23.240
<v Speaker 3>in the piano, they built new walls.

0:43:24.440 --> 0:43:27.160
<v Speaker 2>This is just obscene, obs.

0:43:27.280 --> 0:43:29.400
<v Speaker 3>And ridiculous, like what they're doing with the money. I'm like,

0:43:29.600 --> 0:43:31.560
<v Speaker 3>you bought a translucent piano?

0:43:32.000 --> 0:43:32.600
<v Speaker 2>Obscene?

0:43:33.000 --> 0:43:34.680
<v Speaker 3>Why have you ever seen one? No?

0:43:34.760 --> 0:43:36.400
<v Speaker 2>Who cares?

0:43:37.239 --> 0:43:39.160
<v Speaker 3>Now you are you wondering? Didn't any of these Hollywood

0:43:39.200 --> 0:43:42.600
<v Speaker 3>veterans and supermodels suspect that Jolo was buying their friendship,

0:43:42.920 --> 0:43:45.920
<v Speaker 3>their time, their romance. Didn't they see that he was

0:43:45.920 --> 0:43:47.200
<v Speaker 3>basically love bombing them?

0:43:47.320 --> 0:43:48.480
<v Speaker 2>Yeah, they know, they don't care.

0:43:48.640 --> 0:43:50.360
<v Speaker 3>No. At the time, the only person who seemed to

0:43:50.360 --> 0:43:52.799
<v Speaker 3>see Joe Lo for the criminal he was was his

0:43:52.920 --> 0:43:56.799
<v Speaker 3>fellow con man, the og Wolf of Wall Street, Jordan Baumber. Yeah,

0:43:58.000 --> 0:44:02.360
<v Speaker 3>he knew Low was from the word go. For instance,

0:44:02.400 --> 0:44:04.520
<v Speaker 3>when he first met Jolo and a Z's he told

0:44:04.560 --> 0:44:08.359
<v Speaker 3>his girlfriend, these guys are criminals. Wow, one day meets

0:44:08.360 --> 0:44:10.319
<v Speaker 3>the first time he meets you. That's his reed. As

0:44:10.360 --> 0:44:13.200
<v Speaker 3>Bellefort later recalled, quote, they flew me to cons for

0:44:13.239 --> 0:44:15.120
<v Speaker 3>four or five months after they bought the movie, and

0:44:15.120 --> 0:44:17.520
<v Speaker 3>they wanted to announce it in con It hadn't even

0:44:17.560 --> 0:44:20.400
<v Speaker 3>gone into production yet, and they threw a launch party.

0:44:20.520 --> 0:44:23.120
<v Speaker 3>They must have spent three million dollars on the launch party.

0:44:23.160 --> 0:44:25.640
<v Speaker 3>They flew in Kanye West and I said to Anne,

0:44:25.800 --> 0:44:28.960
<v Speaker 3>this is a scam. Anybody who does this is stolen money.

0:44:29.000 --> 0:44:31.080
<v Speaker 3>You wouldn't spend money you worked for like that.

0:44:31.080 --> 0:44:34.120
<v Speaker 2>That's a really good pointing.

0:44:34.160 --> 0:44:36.960
<v Speaker 3>A read like that, right, drag queens and criminals like

0:44:37.000 --> 0:44:38.040
<v Speaker 3>at this, I will listen to.

0:44:38.000 --> 0:44:42.440
<v Speaker 2>It, Jordan, the soothsayers.

0:44:42.880 --> 0:44:45.520
<v Speaker 3>Yes. At one point, Bellford turned down half a million

0:44:45.560 --> 0:44:48.319
<v Speaker 3>dollars of Low's free money he was throwing around. As

0:44:48.360 --> 0:44:51.680
<v Speaker 3>Bellefort tells it, quote, So then the movie goes into

0:44:51.680 --> 0:44:53.600
<v Speaker 3>production and I'm spending a lot of time with Leo

0:44:53.680 --> 0:44:55.600
<v Speaker 3>and these guys wanted to meet me for dinner and

0:44:55.600 --> 0:44:57.719
<v Speaker 3>they wanted me to go to Vegas with Leo. They

0:44:57.760 --> 0:45:00.000
<v Speaker 3>offered me money and everything to go to Vegas. I'll

0:45:00.120 --> 0:45:02.960
<v Speaker 3>lot of money, like five hundred thousand dollars, which I

0:45:03.040 --> 0:45:05.640
<v Speaker 3>really could have used. I was like, I can't do it.

0:45:05.960 --> 0:45:08.719
<v Speaker 3>Leo went, Margo went, that's Margot Robbie.

0:45:09.080 --> 0:45:09.799
<v Speaker 2>Oh my god.

0:45:10.320 --> 0:45:12.920
<v Speaker 3>So why didn't Jordan Belford take the easy money like

0:45:12.960 --> 0:45:14.640
<v Speaker 3>everyone else? Fantastic question.

0:45:14.719 --> 0:45:14.960
<v Speaker 2>I know.

0:45:15.239 --> 0:45:18.200
<v Speaker 3>Well, but as we've established he knew better. What Let's

0:45:18.280 --> 0:45:20.320
<v Speaker 3>leave it to him to explain. As he put it, quote,

0:45:20.640 --> 0:45:22.719
<v Speaker 3>I refuse to go, and because of that, I'm not

0:45:22.840 --> 0:45:25.480
<v Speaker 3>mentioned in the articles. I've learned my lesson. It's all

0:45:25.560 --> 0:45:27.719
<v Speaker 3>red granite. They tried to offer him money and give

0:45:27.760 --> 0:45:30.400
<v Speaker 3>me things. I never even spoke to these guys. I

0:45:30.480 --> 0:45:33.279
<v Speaker 3>was like, I don't need these people. I knew it.

0:45:33.280 --> 0:45:34.400
<v Speaker 3>It was so obvious.

0:45:34.760 --> 0:45:35.120
<v Speaker 2>Yeah.

0:45:35.160 --> 0:45:36.680
<v Speaker 3>So he's like, that's dirty money. I don't want no

0:45:36.680 --> 0:45:39.080
<v Speaker 3>part of it. Yeah, he's gonna stay me in the future.

0:45:39.120 --> 0:45:42.160
<v Speaker 3>I'm looking out for future joys and brushes.

0:45:42.200 --> 0:45:44.120
<v Speaker 2>He doesn't need to to go back.

0:45:44.239 --> 0:45:46.640
<v Speaker 3>No, he doesn't want to get tired with that brush

0:45:46.640 --> 0:45:47.439
<v Speaker 3>of crime again.

0:45:47.640 --> 0:45:47.879
<v Speaker 2>Yeah.

0:45:48.440 --> 0:45:51.400
<v Speaker 3>Anyway, it was this point obvious to those with eyes

0:45:51.440 --> 0:45:54.400
<v Speaker 3>to look, you know, but apparently not obvious to everyone

0:45:54.440 --> 0:45:58.919
<v Speaker 3>like Leonardo DiCaprio, Jamie Fox and many others. Okay, let's

0:45:58.920 --> 0:46:01.839
<v Speaker 3>take another little break, and after these messages we'll hear

0:46:01.880 --> 0:46:05.240
<v Speaker 3>how Jolo was brought low once some other clear eyed

0:46:05.280 --> 0:46:09.440
<v Speaker 3>folks take a look at the mountain of evidence of corruption, fraud, embezzlement,

0:46:09.719 --> 0:46:10.800
<v Speaker 3>and outright theft.

0:46:11.160 --> 0:46:34.200
<v Speaker 6>Back in two and two. We're back, Elizabeth, we are back.

0:46:34.719 --> 0:46:36.480
<v Speaker 3>Sorry, and I know I've hit you with a crazy

0:46:36.480 --> 0:46:39.480
<v Speaker 3>cocktail of figures and dates.

0:46:39.840 --> 0:46:42.800
<v Speaker 4>We're talking about all of this money flowing and how

0:46:43.280 --> 0:46:45.839
<v Speaker 4>absolutely disgusting and o'b seen it is, the amount of

0:46:45.840 --> 0:46:51.799
<v Speaker 4>money spent on ridiculous things. And then I'm remembering back

0:46:51.840 --> 0:46:56.120
<v Speaker 4>to Leonardo DiCaprio lecturing everybody on greed. Yes, and he's

0:46:56.360 --> 0:46:59.920
<v Speaker 4>you know, people don't know these guys in their take

0:47:00.200 --> 0:47:02.920
<v Speaker 4>all this money to them.

0:47:03.680 --> 0:47:05.759
<v Speaker 3>This is why I don't go by anything people say,

0:47:05.800 --> 0:47:08.160
<v Speaker 3>only by what they do. So true, it just always

0:47:08.200 --> 0:47:10.279
<v Speaker 3>works out because it's so easy to say things. So

0:47:10.320 --> 0:47:13.040
<v Speaker 3>it is you. I mean, it's literally to open your

0:47:13.040 --> 0:47:14.960
<v Speaker 3>mouth and exhale some air. I mean, that's how much

0:47:14.960 --> 0:47:17.040
<v Speaker 3>effort it takes, but to actually have a consistent pattern

0:47:17.040 --> 0:47:19.040
<v Speaker 3>of behavior, which is why I really came away from

0:47:19.040 --> 0:47:21.160
<v Speaker 3>this story respecting Jordan Belford so much.

0:47:21.200 --> 0:47:23.239
<v Speaker 2>That's where I am right now. I'm thinking, like.

0:47:23.719 --> 0:47:26.160
<v Speaker 3>He turned down the money, he would not take the trips,

0:47:26.200 --> 0:47:27.759
<v Speaker 3>he would not be associated.

0:47:27.320 --> 0:47:29.960
<v Speaker 2>With smell right. And now these other guys they know

0:47:30.040 --> 0:47:30.359
<v Speaker 2>it too.

0:47:30.400 --> 0:47:33.120
<v Speaker 4>It's deep in their hearts. Yes, and yet they're willing

0:47:33.160 --> 0:47:35.480
<v Speaker 4>to overlook it. And why, I don't know. Let's ask

0:47:35.560 --> 0:47:37.440
<v Speaker 4>Leo what his favorite topic is this?

0:47:37.640 --> 0:47:40.120
<v Speaker 3>Maybe why you know, at the beginning of the last century,

0:47:40.480 --> 0:47:43.240
<v Speaker 3>no one really wanted actors to marry into their families.

0:47:43.239 --> 0:47:46.920
<v Speaker 3>They didn't trust actresses. Only recently, only when like movies

0:47:46.960 --> 0:47:49.200
<v Speaker 3>that came about, did we start actually talking about actors

0:47:49.200 --> 0:47:51.640
<v Speaker 3>in high regard and high esteem. Before that, everyone's like

0:47:51.719 --> 0:47:54.000
<v Speaker 3>they do what for money? They lie? I don't trust them.

0:47:54.040 --> 0:47:56.399
<v Speaker 4>But it's like that projection of like, oh, all these

0:47:56.400 --> 0:47:57.480
<v Speaker 4>people who are so greedy?

0:47:57.680 --> 0:48:01.759
<v Speaker 3>Ye yeah, oh yeah, of course, Well you know, so

0:48:02.120 --> 0:48:05.080
<v Speaker 3>checks projection. Now I got asked, are you ready to

0:48:05.080 --> 0:48:09.399
<v Speaker 3>hear how criminal gravity gives a good art tug to Joba? Yes, okay, Well,

0:48:09.480 --> 0:48:12.320
<v Speaker 3>the credit for ending this orgy of money, fame parties,

0:48:12.360 --> 0:48:15.480
<v Speaker 3>high price gifts. It belongs to two people. One was

0:48:15.480 --> 0:48:18.480
<v Speaker 3>a wronged banker and the other was an investigative reporter.

0:48:18.760 --> 0:48:21.320
<v Speaker 3>I liked both a right, so, Elizabeth meet the first,

0:48:21.440 --> 0:48:25.880
<v Speaker 3>the banker, Xavier Justo. He was a Swiss banker, but

0:48:26.000 --> 0:48:28.480
<v Speaker 3>not just any old Swiss banker. He was friends with

0:48:28.560 --> 0:48:32.080
<v Speaker 3>the co founder of Petro Saudi Oh, which means he

0:48:32.160 --> 0:48:35.040
<v Speaker 3>traveled to rarefied air. For instance. Justo was friends with

0:48:35.160 --> 0:48:38.640
<v Speaker 3>Tarek Obayat, who was a well connected Saudi national, really

0:48:38.640 --> 0:48:40.920
<v Speaker 3>good friend of his. The two men party together often

0:48:40.960 --> 0:48:43.759
<v Speaker 3>in Geneva. This is all during the early aughts, like three,

0:48:43.880 --> 0:48:45.960
<v Speaker 3>two thousand and nine, two thousand and eight, like right.

0:48:46.000 --> 0:48:48.920
<v Speaker 3>So at that time, according to the Guardian, Justo was

0:48:49.000 --> 0:48:52.399
<v Speaker 3>quote running a large financial services firm Thin and four

0:48:52.719 --> 0:48:55.080
<v Speaker 3>and the owner of a Geneva night spot named the

0:48:55.120 --> 0:48:55.960
<v Speaker 3>Platinum Club.

0:48:56.080 --> 0:48:58.200
<v Speaker 4>I don't trust people who are like oh, I party

0:48:58.239 --> 0:49:02.680
<v Speaker 4>with them in filling the blanks. That's like in another country.

0:49:03.320 --> 0:49:05.440
<v Speaker 4>It's like people who summer places.

0:49:05.520 --> 0:49:11.239
<v Speaker 3>You don't trust that no lines draw you.

0:49:11.239 --> 0:49:13.359
<v Speaker 4>Know, I just it tells me that everything I need

0:49:13.400 --> 0:49:16.600
<v Speaker 4>to know. But party with you know, honestly, even if

0:49:16.640 --> 0:49:19.319
<v Speaker 4>it's like, I party with filling the blank person.

0:49:19.120 --> 0:49:21.480
<v Speaker 2>At and it's in your town. I'm like, that's still

0:49:22.160 --> 0:49:23.120
<v Speaker 2>you party with them.

0:49:24.280 --> 0:49:26.680
<v Speaker 3>No, you go out and you leave the house to

0:49:26.680 --> 0:49:27.120
<v Speaker 3>meet them.

0:49:27.200 --> 0:49:30.640
<v Speaker 2>I mean, who does that? You go out in public?

0:49:30.680 --> 0:49:31.640
<v Speaker 2>Are you kidding me?

0:49:32.239 --> 0:49:36.480
<v Speaker 3>You got to be perceived. Yeah. So in two thousand

0:49:36.520 --> 0:49:38.680
<v Speaker 3>and six, while he was doing well for himself, Justo

0:49:38.800 --> 0:49:42.520
<v Speaker 3>ended up loaning his friend Tarek Obayad thirty thousand dollars.

0:49:42.960 --> 0:49:44.640
<v Speaker 3>Not only that, he also let him use a desk

0:49:44.680 --> 0:49:47.400
<v Speaker 3>at his financial firm thin In for to start a

0:49:47.440 --> 0:49:49.520
<v Speaker 3>new company called Petro Saudi.

0:49:49.800 --> 0:49:52.160
<v Speaker 4>Well that's the other thing is if you're running with

0:49:52.239 --> 0:49:55.320
<v Speaker 4>like high up Saudi's.

0:49:56.200 --> 0:49:59.880
<v Speaker 3>Gotta say you don't trust it little shady Well, they're

0:50:00.000 --> 0:50:02.600
<v Speaker 3>he's not known for doing like the best things. No,

0:50:02.680 --> 0:50:05.040
<v Speaker 3>there's interesting stories that you come out of La about

0:50:05.080 --> 0:50:07.160
<v Speaker 3>the rental houses that they have, like in Beverly Hills.

0:50:07.360 --> 0:50:08.759
<v Speaker 3>Like I used to be a house painter, and let

0:50:08.760 --> 0:50:11.400
<v Speaker 3>me just tell you, you got crazy stories down in La

0:50:11.520 --> 0:50:14.200
<v Speaker 3>about like the well, all the mini Saudi. There's like

0:50:14.280 --> 0:50:16.319
<v Speaker 3>hundreds of Saudi princes. So they come over and they

0:50:16.360 --> 0:50:18.000
<v Speaker 3>act like a Saudi prince and they rent these mansions

0:50:18.000 --> 0:50:19.160
<v Speaker 3>and we would have to go in and paint to

0:50:19.200 --> 0:50:21.200
<v Speaker 3>clean up what had happened. We're like, what happened here,

0:50:21.360 --> 0:50:23.919
<v Speaker 3>and they would be like, you don't want to know. Oh, yeah,

0:50:23.920 --> 0:50:26.320
<v Speaker 3>it was a big bad oh. So at this point,

0:50:26.480 --> 0:50:29.440
<v Speaker 3>one of the co founders of Petro Saudi was a

0:50:29.560 --> 0:50:34.000
<v Speaker 3>Saudi prince, Prince Turkey Ben Abdullah and Elizabeth. Since you

0:50:34.040 --> 0:50:36.960
<v Speaker 3>hear Ben Abdullah means he was the son of King

0:50:37.040 --> 0:50:40.520
<v Speaker 3>Abdullah and Abdullah Ziz. So he was a legit Saudi

0:50:40.520 --> 0:50:43.840
<v Speaker 3>prince of the late king King Abdullah, right, right, So

0:50:43.880 --> 0:50:45.799
<v Speaker 3>he's like a real legit prince, but he didn't make

0:50:45.840 --> 0:50:47.719
<v Speaker 3>it to like a crown prince. So he's like one

0:50:47.760 --> 0:50:50.640
<v Speaker 3>of the many out there just spending fortunes doing whatever

0:50:50.680 --> 0:50:53.320
<v Speaker 3>they want, buying up you know, soccer teams, f one clubs,

0:50:53.960 --> 0:50:56.800
<v Speaker 3>night clubs in Vegas. They're just on a buying spree

0:50:56.880 --> 0:50:58.040
<v Speaker 3>at this point in time, right.

0:50:58.000 --> 0:51:00.640
<v Speaker 4>There have to be some who are doing good, and

0:51:00.800 --> 0:51:03.359
<v Speaker 4>sure people always hear about.

0:51:03.080 --> 0:51:07.680
<v Speaker 3>The yes, but on this show the other one. So

0:51:07.960 --> 0:51:10.480
<v Speaker 3>Justin gets brought into this social circle of the Saudi

0:51:10.480 --> 0:51:12.920
<v Speaker 3>prince and in two thousand and nine, oh by Ed

0:51:12.960 --> 0:51:15.560
<v Speaker 3>his friend. He was on a three hundred foot mega

0:51:15.640 --> 0:51:18.319
<v Speaker 3>yacht that's docked off the coast of Monaco, and on

0:51:18.360 --> 0:51:22.600
<v Speaker 3>board with him are jo Loo, Prince Turkey, and the

0:51:22.680 --> 0:51:27.000
<v Speaker 3>newly elected Prime Minister Najeb of Malaysia. Yeah, so the

0:51:27.160 --> 0:51:30.120
<v Speaker 3>men discuss their business investment opportunities, ways for the two

0:51:30.200 --> 0:51:32.640
<v Speaker 3>oil rich nations to investor Petro dollars. They told you

0:51:32.680 --> 0:51:35.160
<v Speaker 3>about that earlier. And by this point Jolo and the

0:51:35.160 --> 0:51:38.360
<v Speaker 3>Prime Minister they have created the wealth fund, the one MDB,

0:51:38.840 --> 0:51:41.040
<v Speaker 3>and so the Prime Minister was the chairman of the

0:51:41.040 --> 0:51:44.640
<v Speaker 3>board of that. Jolo was an unofficial advisor. But in

0:51:44.680 --> 0:51:47.400
<v Speaker 3>that one business meeting on the super yacht, this spurred

0:51:47.440 --> 0:51:49.800
<v Speaker 3>a wave of business deals, right, just a bunch of

0:51:49.800 --> 0:51:53.240
<v Speaker 3>stuff followed. So months after the meeting, Prime Minister Naseeb

0:51:53.400 --> 0:51:56.560
<v Speaker 3>travels to Saudi Arabia and there he concludes some of

0:51:56.600 --> 0:51:59.880
<v Speaker 3>the deals. He signs a major deal between Malaysia and

0:52:00.000 --> 0:52:02.839
<v Speaker 3>Saudi Arabia, the two nations. They announced this new joint

0:52:02.960 --> 0:52:06.360
<v Speaker 3>venture worth two point five billion dollars. The men claim

0:52:06.400 --> 0:52:09.960
<v Speaker 3>that Petro Saudi and one MDB would quote make strategic

0:52:10.000 --> 0:52:13.400
<v Speaker 3>investments in high impact projects. That's some empty words.

0:52:15.200 --> 0:52:15.600
<v Speaker 2>Nothing.

0:52:15.640 --> 0:52:18.560
<v Speaker 3>Petro Saudi pumps one point five billion into the partnership,

0:52:18.640 --> 0:52:22.000
<v Speaker 3>one MDB adds a billion of theirs, actually the Malaysian

0:52:22.040 --> 0:52:25.160
<v Speaker 3>people's money, and Elizabeth, you want to guess what happened next, No,

0:52:25.239 --> 0:52:27.880
<v Speaker 3>you don't have to because you already know. According to

0:52:27.960 --> 0:52:30.800
<v Speaker 3>the Department of Justices two hundred and fifty one page

0:52:30.800 --> 0:52:35.640
<v Speaker 3>criminal complaint and quotes, Low and his associates cost seven

0:52:35.719 --> 0:52:37.759
<v Speaker 3>hundred million of that one billion that was to be

0:52:37.800 --> 0:52:39.880
<v Speaker 3>invested in the joint venture to be sent to an

0:52:39.880 --> 0:52:43.319
<v Speaker 3>account at RBS Coots Bank and Zurich held in the

0:52:43.400 --> 0:52:45.640
<v Speaker 3>name of good Star Limited. That was the money I

0:52:45.680 --> 0:52:46.360
<v Speaker 3>told you about.

0:52:46.160 --> 0:52:47.880
<v Speaker 2>Earlier, thered million, right.

0:52:48.000 --> 0:52:50.400
<v Speaker 3>So then later on, once again, according to the DOJ,

0:52:50.680 --> 0:52:53.759
<v Speaker 3>approximately three hundred and thirty million in additional funds were

0:52:53.800 --> 0:52:56.840
<v Speaker 3>wired at the direction of one MDB officials to the

0:52:56.880 --> 0:53:00.800
<v Speaker 3>good Star account. So they got a cool billion dollars

0:53:00.840 --> 0:53:03.920
<v Speaker 3>to play with. Now, as we hear over and over again,

0:53:04.040 --> 0:53:06.920
<v Speaker 3>it's not exactly easy to send that kind of money around, right,

0:53:07.120 --> 0:53:09.520
<v Speaker 3>because it generates paper trails. And then also you have

0:53:09.680 --> 0:53:12.759
<v Speaker 3>got compliance officers at international banks and they have to

0:53:13.040 --> 0:53:16.239
<v Speaker 3>personally sign off on such large transfers away, right, But

0:53:16.440 --> 0:53:17.520
<v Speaker 3>they can be got around.

0:53:18.960 --> 0:53:20.200
<v Speaker 2>Apparently everyone can.

0:53:20.120 --> 0:53:24.320
<v Speaker 3>Because according to the DOJ, one MDB officials represented, including

0:53:24.360 --> 0:53:26.880
<v Speaker 3>to Deutsche Bank in Malaysia, the Good Star was a

0:53:26.920 --> 0:53:30.360
<v Speaker 3>wholly owned subsidiary of Petro Saudi. This was not true.

0:53:30.520 --> 0:53:33.360
<v Speaker 3>According to banking records, Good Star was a company controlled

0:53:33.360 --> 0:53:35.880
<v Speaker 3>by Low and Low was also the Good Star accounts,

0:53:35.920 --> 0:53:39.399
<v Speaker 3>a beneficial owner and sole authorized signatory. At the time,

0:53:39.520 --> 0:53:41.960
<v Speaker 3>Lowe was a twenty nine year old with no official

0:53:42.000 --> 0:53:46.360
<v Speaker 3>position with a one MDB or Petro Saudi. So just

0:53:46.480 --> 0:53:50.200
<v Speaker 3>give a billion dollars to our unofficial advisor. So to

0:53:50.239 --> 0:53:53.520
<v Speaker 3>get around bank regulators and compliance officers, Joel relied on

0:53:53.560 --> 0:53:57.040
<v Speaker 3>a network of business associates. This still managed to set

0:53:57.040 --> 0:53:59.799
<v Speaker 3>off alarm bells amongst the international bankers. Talk was going

0:53:59.800 --> 0:54:02.760
<v Speaker 3>back bouncing around the globe right and as the DOJ

0:54:03.040 --> 0:54:06.520
<v Speaker 3>describes it. Quote in an email dated September twenty eighth,

0:54:06.560 --> 0:54:10.080
<v Speaker 3>two thousand and nine, a banker at BSI and Lugano wrote,

0:54:10.440 --> 0:54:12.840
<v Speaker 3>I don't like the transaction at all, in particular the

0:54:12.960 --> 0:54:16.000
<v Speaker 3>role and involvement of mister Low Tayak Joe looks and

0:54:16.000 --> 0:54:19.320
<v Speaker 3>feels very suspicious to me. The joint venture then approached

0:54:19.400 --> 0:54:23.520
<v Speaker 3>JP Morgan Swiss about opening an account without disclosing the

0:54:23.560 --> 0:54:26.359
<v Speaker 3>same details about the structure of the investment. The joint

0:54:26.400 --> 0:54:29.600
<v Speaker 3>venture open an account at JP Morgan Swiss on or

0:54:29.640 --> 0:54:33.520
<v Speaker 3>about September thirtieth, two thousand and nine. So basically, they

0:54:33.560 --> 0:54:36.880
<v Speaker 3>skirted money laundering and embezzlement concerns by going bank shopping.

0:54:37.000 --> 0:54:40.240
<v Speaker 3>They found a bank that would not look too closely,

0:54:40.280 --> 0:54:42.880
<v Speaker 3>and JP Morgan Swiss was like, that's us man, we

0:54:43.040 --> 0:54:46.879
<v Speaker 3>like to it. So now, at one point, when bank

0:54:46.920 --> 0:54:49.880
<v Speaker 3>folks were asking pointed questions about the missing funds and

0:54:49.960 --> 0:54:54.520
<v Speaker 3>loan repayment schedules, one unnamed Saudi official he claimed in

0:54:54.560 --> 0:54:58.280
<v Speaker 3>a letter two bank regulators that the alleged financial improprieties

0:54:58.360 --> 0:55:01.319
<v Speaker 3>quote should not in any event be construed as an

0:55:01.360 --> 0:55:04.760
<v Speaker 3>active corruption, since this is against the practice of Islam

0:55:04.960 --> 0:55:07.600
<v Speaker 3>and I personally do not encourage such practices in any

0:55:07.640 --> 0:55:11.120
<v Speaker 3>matter whatsoever. This is merely a personal token of appreciation

0:55:11.200 --> 0:55:13.840
<v Speaker 3>of Lowe's good work in promoting in the Middle East.

0:55:14.440 --> 0:55:16.120
<v Speaker 3>So this was a tip. They're like, this is a

0:55:16.120 --> 0:55:18.759
<v Speaker 3>tip man, billion dollars. Good guy's good. Yeah, kid's good.

0:55:18.760 --> 0:55:22.680
<v Speaker 3>Twenty nine year old if you were partied with him.

0:55:21.760 --> 0:55:24.000
<v Speaker 2>Yeah, he's really living the tenants of this line.

0:55:24.160 --> 0:55:26.799
<v Speaker 3>So now skip forward to twenty fifteen, a short six

0:55:26.920 --> 0:55:31.000
<v Speaker 3>years later. By then, rumors had been building. Everybody, No,

0:55:31.560 --> 0:55:33.400
<v Speaker 3>and you can only write so many letters of like

0:55:33.480 --> 0:55:37.239
<v Speaker 3>he's done good work promoting and bus Remember there's that

0:55:37.320 --> 0:55:40.560
<v Speaker 3>Swiss banker Justo who I mentioned earlier. Well, you see,

0:55:40.600 --> 0:55:43.120
<v Speaker 3>back in two thousand and nine, Xavier Justo had agreed

0:55:43.120 --> 0:55:45.280
<v Speaker 3>to come to work for Oby Ed at Petra Saudi.

0:55:45.360 --> 0:55:47.440
<v Speaker 3>The friend he loaned the thirty grand too. Yeah, and

0:55:47.520 --> 0:55:49.239
<v Speaker 3>then for a couple of years he watched as this

0:55:49.320 --> 0:55:53.319
<v Speaker 3>Saudi national who Justo once called a little brother, he

0:55:53.400 --> 0:55:56.880
<v Speaker 3>made millions upon billions upon billions for himself and his

0:55:56.960 --> 0:56:00.920
<v Speaker 3>business partners with the Petro Saudi one mdbn laundering scheme.

0:56:01.360 --> 0:56:04.839
<v Speaker 3>And then, according to Justo, his friend's behavior changed. Soon

0:56:04.960 --> 0:56:09.200
<v Speaker 3>enough they would get into rageful fights. Oh yeah, yeah,

0:56:09.200 --> 0:56:11.759
<v Speaker 3>like lots of like you know, shouting and fighting. Right, So,

0:56:11.840 --> 0:56:14.640
<v Speaker 3>by March of twenty eleven, Justo opts to step away

0:56:14.640 --> 0:56:18.200
<v Speaker 3>from Petro Saudi. Yeah, that took some negotiations, but in

0:56:18.280 --> 0:56:21.719
<v Speaker 3>the end Petro Saudi agreed to a severance package with Justo.

0:56:22.040 --> 0:56:25.520
<v Speaker 3>The company would pay him six point five million Swiss francs.

0:56:25.640 --> 0:56:27.080
<v Speaker 2>Okay, just to bounce right.

0:56:27.200 --> 0:56:29.600
<v Speaker 3>But then after they came to terms. Petro Saudi was like,

0:56:29.640 --> 0:56:31.800
<v Speaker 3>you know what, I don't like that deal, so the

0:56:31.880 --> 0:56:34.920
<v Speaker 3>informed Justo will actually give you four million Swiss francs

0:56:35.200 --> 0:56:38.480
<v Speaker 3>oh right. Trouble was, Justo still had access to the

0:56:38.480 --> 0:56:43.400
<v Speaker 3>Petro Saudi servers, so he downloaded all of the data

0:56:43.520 --> 0:56:46.120
<v Speaker 3>he could and he hung on to it, waiting for

0:56:46.160 --> 0:56:49.200
<v Speaker 3>the right moment to get his revenge. Finally, of September

0:56:49.280 --> 0:56:52.160
<v Speaker 3>twenty thirteen, Justo decided it was time to get his

0:56:52.280 --> 0:56:54.880
<v Speaker 3>revenge and get the money owed to him, so he

0:56:54.960 --> 0:56:57.840
<v Speaker 3>sends an email to Petro Saudi. He tells him I

0:56:57.880 --> 0:57:01.880
<v Speaker 3>got gigabytes of evidence of criminal conspiracy to embezzlem billions,

0:57:02.160 --> 0:57:03.720
<v Speaker 3>so you're gonna pay me my money.

0:57:03.880 --> 0:57:04.080
<v Speaker 2>Yeah.

0:57:04.280 --> 0:57:08.000
<v Speaker 3>This led to get this Elizabeth a furious exchange of emails.

0:57:08.040 --> 0:57:11.319
<v Speaker 3>They went back and forth, insulting each other, threatening each other.

0:57:11.640 --> 0:57:13.280
<v Speaker 2>I love email site totally.

0:57:13.320 --> 0:57:16.040
<v Speaker 3>At one point, a rep from Petro Saudi warrened Justo,

0:57:16.160 --> 0:57:18.920
<v Speaker 3>that quote troubles me so much. Is the way in

0:57:18.960 --> 0:57:22.600
<v Speaker 3>which I see this situation ending with the destruction of you.

0:57:24.480 --> 0:57:25.200
<v Speaker 2>In an email.

0:57:26.520 --> 0:57:29.680
<v Speaker 3>Yes, so that torret that pushed Justo to share what

0:57:29.720 --> 0:57:32.360
<v Speaker 3>he knew and all the data he had he chose

0:57:32.400 --> 0:57:37.600
<v Speaker 3>to go to an intrepid environmental reporter. Uh, Elizabeth, meet

0:57:37.640 --> 0:57:40.840
<v Speaker 3>the second person, Claire Rooecastle Brown.

0:57:41.360 --> 0:57:41.680
<v Speaker 2>Hello.

0:57:42.560 --> 0:57:45.200
<v Speaker 3>Normally she'd be the sort of person that Leonardo DiCaprio

0:57:45.200 --> 0:57:48.280
<v Speaker 3>would like and esteem and invite to a charity auction. Right,

0:57:49.560 --> 0:57:53.320
<v Speaker 3>A good point. And she's a retired British journalist. Would

0:57:53.360 --> 0:57:55.880
<v Speaker 3>move back to Malaysia, where she'd spent the early years

0:57:55.880 --> 0:57:59.400
<v Speaker 3>of her life. She wanted to return to that tropical existence.

0:58:00.040 --> 0:58:01.840
<v Speaker 3>And you know, even though she missed London, she was like,

0:58:01.880 --> 0:58:04.840
<v Speaker 3>I really miss Malaysia. So when she gets back to Malaysia,

0:58:04.920 --> 0:58:07.560
<v Speaker 3>she finds that it's not what she remembers. There's an

0:58:07.640 --> 0:58:11.840
<v Speaker 3>active bit of deforestation going. She's like, you're savaging the environment,

0:58:11.920 --> 0:58:15.120
<v Speaker 3>this beautiful place, this oasis. So as a retired journalist,

0:58:15.160 --> 0:58:17.000
<v Speaker 3>you know, she does what she does best. She puts

0:58:17.000 --> 0:58:19.320
<v Speaker 3>her journalism hat back on. She starts calling attention to

0:58:19.360 --> 0:58:21.960
<v Speaker 3>the issue. So she starts a blog. She starts reporting

0:58:21.960 --> 0:58:24.320
<v Speaker 3>on the corruption and the maufeza she finds, and she

0:58:24.400 --> 0:58:26.840
<v Speaker 3>keeps digging and digging until she finally reaches the Prime

0:58:26.880 --> 0:58:27.760
<v Speaker 3>Minister of Malaysia.

0:58:27.880 --> 0:58:29.120
<v Speaker 2>She's just gonna blog it out.

0:58:29.240 --> 0:58:31.600
<v Speaker 3>She's like this goes right to the top. In an

0:58:31.640 --> 0:58:34.760
<v Speaker 3>interview with Fraud Magazine, which by the way, we need

0:58:34.800 --> 0:58:40.280
<v Speaker 3>a subscription to magazine. Rucastle Brown fraud Magazine. I think

0:58:40.280 --> 0:58:44.320
<v Speaker 3>it's a British outlet, they said, Ruecastle Brown told Fraud Magazine,

0:58:44.360 --> 0:58:47.320
<v Speaker 3>and I quote, I was following a strand that concerned

0:58:47.360 --> 0:58:49.360
<v Speaker 3>me about what was going on and how our global

0:58:49.480 --> 0:58:53.120
<v Speaker 3>systems were being managed to the enormous disadvantage of people

0:58:53.360 --> 0:58:55.800
<v Speaker 3>in the environment and what appeared to be a very

0:58:55.880 --> 0:58:58.840
<v Speaker 3>dodgy practice. Of course, what I found is every time

0:58:58.880 --> 0:59:02.520
<v Speaker 3>I uncovered the correct I was just getting higher and higher.

0:59:02.720 --> 0:59:04.800
<v Speaker 3>The reason why nothing was being done about any of

0:59:04.840 --> 0:59:08.400
<v Speaker 3>these appalling actions was because the corruption went right to

0:59:08.480 --> 0:59:12.480
<v Speaker 3>the top. So Ok. Thanks to her independent diligence, people

0:59:12.480 --> 0:59:15.680
<v Speaker 3>began to leak info to her for her reporting, and

0:59:15.840 --> 0:59:20.000
<v Speaker 3>one of those people was Xavier Justo, who had plenty

0:59:20.000 --> 0:59:23.480
<v Speaker 3>of avacs to share with the investigative reporter. There went

0:59:23.800 --> 0:59:24.560
<v Speaker 3>right to the top.

0:59:24.720 --> 0:59:27.800
<v Speaker 2>He's got thumb drives for days, right, I.

0:59:27.760 --> 0:59:30.960
<v Speaker 3>Mean literal days. But you know what, Elizabeth, rather let

0:59:31.000 --> 0:59:32.040
<v Speaker 3>me tell you more about this.

0:59:32.400 --> 0:59:33.960
<v Speaker 2>Close your eyes.

0:59:34.040 --> 0:59:41.880
<v Speaker 3>I want you to picture it. It's afternoon in Malaysia

0:59:42.040 --> 0:59:45.000
<v Speaker 3>and you are in Kuala Lumpur. In your apartment, out

0:59:45.000 --> 0:59:48.680
<v Speaker 3>on the balcony, working on your laptop, you absent mindedly

0:59:48.760 --> 0:59:51.920
<v Speaker 3>fan the perspiration blooming on your shoulders and arms and

0:59:51.920 --> 0:59:55.360
<v Speaker 3>gathering in the pits of your elbows. You, Elizabeth, are

0:59:55.480 --> 1:00:00.000
<v Speaker 3>investigative reporter Claire Rucastle Brown and you're checking your email.

1:00:00.520 --> 1:00:03.040
<v Speaker 3>The city sounds bubble up to where you were seated

1:00:03.080 --> 1:00:05.840
<v Speaker 3>on the balcony, and iced tea sweats through a glass

1:00:05.880 --> 1:00:08.680
<v Speaker 3>on the table next to your open laptop. You scan

1:00:08.880 --> 1:00:12.080
<v Speaker 3>read an email from a source about some background info

1:00:12.200 --> 1:00:15.040
<v Speaker 3>on an upcoming interview. After that, there's an email from

1:00:15.080 --> 1:00:18.880
<v Speaker 3>your editor about your last submitted article. It's a disagreement

1:00:18.920 --> 1:00:21.440
<v Speaker 3>about whether a person moves towards something, or if a

1:00:21.480 --> 1:00:25.000
<v Speaker 3>person moves towards something with or without an S. On

1:00:25.080 --> 1:00:27.840
<v Speaker 3>the end, the editor is willing to admit you were

1:00:27.880 --> 1:00:30.280
<v Speaker 3>both right. There is no right answer. It's a matter

1:00:30.320 --> 1:00:33.280
<v Speaker 3>of taste. You smile to yourself and close the email.

1:00:33.520 --> 1:00:35.440
<v Speaker 3>You don't need to respond to that one right now.

1:00:35.800 --> 1:00:38.720
<v Speaker 3>You enjoy a long, slow sip of the still ice

1:00:38.800 --> 1:00:41.440
<v Speaker 3>cold iced tea, and then you move on to the

1:00:41.520 --> 1:00:43.840
<v Speaker 3>last email, the final one you have to clear before

1:00:43.880 --> 1:00:47.160
<v Speaker 3>you're back to in box zero. You click on the

1:00:47.200 --> 1:00:49.720
<v Speaker 3>email and you begin to read. You take another sip

1:00:49.720 --> 1:00:52.800
<v Speaker 3>of iced tea, but you stop. Suddenly, you nearly choke

1:00:52.880 --> 1:00:55.560
<v Speaker 3>on the iced tea, until finally you blow a spit

1:00:55.640 --> 1:00:58.680
<v Speaker 3>take across your laptop. It spouts like the spray of

1:00:58.720 --> 1:01:02.200
<v Speaker 3>a breaching killer whale. After you regain your breath and

1:01:02.520 --> 1:01:04.920
<v Speaker 3>dab up the iced t you just spit on your laptop.

1:01:05.680 --> 1:01:07.960
<v Speaker 3>You go back to the email and read it again,

1:01:08.320 --> 1:01:11.560
<v Speaker 3>this time knowing what's coming. You don't do a second

1:01:11.560 --> 1:01:14.880
<v Speaker 3>spit take, but you do gold like a cartoon character

1:01:14.920 --> 1:01:18.000
<v Speaker 3>in a haunted house. The email you see is from

1:01:18.040 --> 1:01:21.600
<v Speaker 3>a Swiss banker who says he possesses a stolen cash

1:01:21.720 --> 1:01:25.800
<v Speaker 3>of emails and financial reports and data that altogether would

1:01:25.840 --> 1:01:28.840
<v Speaker 3>paint a damning picture of the Malaysian Prime Minister, a

1:01:28.920 --> 1:01:32.480
<v Speaker 3>Saudi prince, the firm Petro Saudi and the wealth fund

1:01:32.560 --> 1:01:36.760
<v Speaker 3>one MDB and their multi billion dollar scheme for high finance,

1:01:36.800 --> 1:01:40.440
<v Speaker 3>money laundering and outright theft. You read further and the

1:01:40.520 --> 1:01:46.600
<v Speaker 3>email lists names, key figures, dates, amounts, deals made, partnerships

1:01:46.680 --> 1:01:50.400
<v Speaker 3>forged and protected by a shield of shell companies. It's

1:01:50.600 --> 1:01:55.560
<v Speaker 3>all there, and it's all convincing. The whole world goes quiet,

1:01:55.760 --> 1:01:58.480
<v Speaker 3>The city sounds fade away, the birds and the buzz

1:01:58.520 --> 1:02:01.840
<v Speaker 3>of insects disappears from your ears intil all that's left

1:02:01.880 --> 1:02:04.600
<v Speaker 3>is the sound of your heart beat, and then a

1:02:04.680 --> 1:02:08.080
<v Speaker 3>soft explosion, like a bomb just detonated inside your skull.

1:02:08.360 --> 1:02:11.360
<v Speaker 3>It's followed by what sounds like a fuzzy underwater echo

1:02:11.400 --> 1:02:14.680
<v Speaker 3>of the blast, which fades away as the birds and

1:02:14.720 --> 1:02:17.040
<v Speaker 3>insects and the sounds of the city all rushing back

1:02:17.040 --> 1:02:19.960
<v Speaker 3>and return. Just like that. You know this is a

1:02:20.080 --> 1:02:23.680
<v Speaker 3>major world changing story. You type out a quick response

1:02:23.720 --> 1:02:26.600
<v Speaker 3>to your new source. Your fingers shake with that electric

1:02:26.680 --> 1:02:29.840
<v Speaker 3>tingle of excitement thrilling through your body. You decide to

1:02:29.920 --> 1:02:32.480
<v Speaker 3>keep it grief. You finish the email and end it

1:02:32.560 --> 1:02:35.040
<v Speaker 3>by saying how much you look forward to learning more

1:02:35.080 --> 1:02:38.040
<v Speaker 3>and seeing what data and evidence the source has. If

1:02:38.080 --> 1:02:40.840
<v Speaker 3>you handle this one right, this story could be the

1:02:40.920 --> 1:02:45.600
<v Speaker 3>biggest story of your life. Elizabeth. This is how Claire

1:02:45.680 --> 1:02:49.080
<v Speaker 3>Rucastle Brown, and a pissed off banker came together to

1:02:49.160 --> 1:02:53.000
<v Speaker 3>bring down a multi billion dollar crimes Free. Now, it

1:02:53.080 --> 1:02:55.680
<v Speaker 3>did take some work to earn Justo's trust, and there

1:02:55.840 --> 1:02:58.640
<v Speaker 3>was his money to consider. Justo was gonna get paid.

1:02:58.720 --> 1:03:01.640
<v Speaker 3>He was like, I'm here for the money. He demanded

1:03:01.760 --> 1:03:05.000
<v Speaker 3>two million American for the full story if he would

1:03:05.040 --> 1:03:07.320
<v Speaker 3>trade the evidence, the data, the cash of emails. But

1:03:07.360 --> 1:03:08.120
<v Speaker 3>he was going to get paid.

1:03:08.160 --> 1:03:09.120
<v Speaker 2>He get paid for it.

1:03:09.200 --> 1:03:11.360
<v Speaker 3>That took some time to arrange, but they managed to

1:03:11.440 --> 1:03:12.840
<v Speaker 3>arrange the two million dollars.

1:03:13.000 --> 1:03:13.440
<v Speaker 2>Wow.

1:03:13.600 --> 1:03:15.960
<v Speaker 3>Once they had a promise to pay him in place,

1:03:16.240 --> 1:03:19.640
<v Speaker 3>Justo trusted Rucastle Brown and he hands her the stolen

1:03:19.680 --> 1:03:22.760
<v Speaker 3>cash of emails and he gives her key insights into

1:03:22.760 --> 1:03:26.360
<v Speaker 3>the whole sprawling money laundering scheme. And then on February

1:03:26.440 --> 1:03:30.680
<v Speaker 3>twenty eighth, twenty fifteen, Rucastle Brown publishes her first story

1:03:30.720 --> 1:03:34.760
<v Speaker 3>that exposes the one MDB billion dollar robbery. She titles

1:03:34.760 --> 1:03:36.720
<v Speaker 3>her article Heist of the Century.

1:03:37.000 --> 1:03:38.120
<v Speaker 2>And this is on her blog.

1:03:38.240 --> 1:03:40.840
<v Speaker 3>Yeah, so the very next day the world changes. The

1:03:40.880 --> 1:03:45.280
<v Speaker 3>sovereign wealth fund one MDB. They denounced the story. It

1:03:45.320 --> 1:03:48.200
<v Speaker 3>was all around the world. They claim it's fraudulent. The

1:03:48.240 --> 1:03:51.400
<v Speaker 3>well fund reports it's It not only recouped the initial investment,

1:03:51.440 --> 1:03:54.440
<v Speaker 3>but it also earned a tidy reported profit of four

1:03:54.560 --> 1:03:55.920
<v Speaker 3>hundred and eighty eight million dollars.

1:03:56.080 --> 1:03:58.080
<v Speaker 2>Okay, Elizabeth, none of that was true.

1:03:58.240 --> 1:04:00.640
<v Speaker 3>You can't imagine That led to The New York Times

1:04:00.680 --> 1:04:03.720
<v Speaker 3>asking some questions about Joe Lo, Reza Z's, and their

1:04:03.720 --> 1:04:05.920
<v Speaker 3>time in Hollywood because the knew they were connected to

1:04:06.000 --> 1:04:09.320
<v Speaker 3>all of this. In February twenty fifteen, The Times reported

1:04:09.320 --> 1:04:12.960
<v Speaker 3>that reza Z's insisted to them that there's no Malaysian money.

1:04:13.520 --> 1:04:17.440
<v Speaker 3>That's a quote that meant no Sole and Ken exactly.

1:04:17.440 --> 1:04:19.680
<v Speaker 3>It was being used to operate Red Granite or to

1:04:19.720 --> 1:04:24.439
<v Speaker 3>pay for its film productions. Elizabeth, this too was a lie. Yeah,

1:04:24.600 --> 1:04:27.520
<v Speaker 3>Suddenly everyone knew that DiCaprio and Jamie Fox and the

1:04:27.560 --> 1:04:29.680
<v Speaker 3>whole gangs. What they all seem to miss when they

1:04:29.680 --> 1:04:32.320
<v Speaker 3>were hanging out with Joe Lo is that he is

1:04:32.360 --> 1:04:33.680
<v Speaker 3>a movie level villain.

1:04:33.960 --> 1:04:34.600
<v Speaker 2>Yes, exist.

1:04:35.240 --> 1:04:38.080
<v Speaker 3>So in July twenty fifteen, The Wall Street Journal publishes

1:04:38.120 --> 1:04:41.680
<v Speaker 3>an in depth investigation into Low A Z's read granted

1:04:41.840 --> 1:04:46.200
<v Speaker 3>one MDB Petro Saudi, tying the whole scheme together. Then

1:04:46.320 --> 1:04:49.600
<v Speaker 3>the Department of Justice launched its investigation, which resulted in

1:04:49.640 --> 1:04:52.400
<v Speaker 3>that two hundred and fifty one page complaint that lays

1:04:52.480 --> 1:04:54.760
<v Speaker 3>out the whole sordid affair. Now, as part of the

1:04:54.800 --> 1:04:59.000
<v Speaker 3>DOJ's indictment of Low, the FEDS also filed an asset forfeiture.

1:04:59.320 --> 1:05:02.760
<v Speaker 3>That meant lee Ardo DiCaprio, he lost his Basquiete painting,

1:05:02.800 --> 1:05:05.760
<v Speaker 3>he lost his Picasso, he lost his Marlon Brando Oscar.

1:05:06.240 --> 1:05:08.120
<v Speaker 3>They were all seized by the government.

1:05:08.720 --> 1:05:12.160
<v Speaker 4>Yes, now I'm wondering. You said that like Leo had

1:05:12.320 --> 1:05:15.600
<v Speaker 4>sold a painting at his auction.

1:05:15.640 --> 1:05:17.440
<v Speaker 3>He had a charity auction for an environmental group. So

1:05:17.480 --> 1:05:20.000
<v Speaker 3>people are basically selling. He was just raising money from

1:05:20.040 --> 1:05:20.360
<v Speaker 3>the auction.

1:05:20.520 --> 1:05:22.200
<v Speaker 2>I see. And then he but he got one of

1:05:22.240 --> 1:05:22.960
<v Speaker 2>those paintings.

1:05:23.040 --> 1:05:24.400
<v Speaker 3>Jolo bought one for him.

1:05:24.400 --> 1:05:25.720
<v Speaker 2>Interesting, Yeah, okay.

1:05:25.560 --> 1:05:26.640
<v Speaker 3>He's like here you go, buddy.

1:05:27.080 --> 1:05:27.800
<v Speaker 2>Yeah.

1:05:28.000 --> 1:05:30.320
<v Speaker 3>Now, Jolo, by the way, he gets indicted by the

1:05:30.400 --> 1:05:34.439
<v Speaker 3>DOJ in Absentia and to this day, twenty twenty six,

1:05:34.480 --> 1:05:38.600
<v Speaker 3>he remains on the LAMB. No rumors and evidence suggested

1:05:38.640 --> 1:05:40.920
<v Speaker 3>he's hiding out in China since they have no extradition

1:05:41.000 --> 1:05:43.880
<v Speaker 3>treaty with either America or Malaysia. Yeah, there was some

1:05:43.960 --> 1:05:47.920
<v Speaker 3>talk a while ago that Malaysia would trade some deal

1:05:47.960 --> 1:05:50.280
<v Speaker 3>making with China if they could get their hands on Jolo,

1:05:50.520 --> 1:05:52.000
<v Speaker 3>but that did not occur.

1:05:52.120 --> 1:05:52.800
<v Speaker 2>So interesting.

1:05:52.920 --> 1:05:57.160
<v Speaker 3>Now Jolo's friend stepdad, Riza Aziza's stepdad, the now former

1:05:57.200 --> 1:06:01.120
<v Speaker 3>Prime Minister of Malaysia. His assets were seized. He was

1:06:01.160 --> 1:06:05.120
<v Speaker 3>an easy target. He couldn't fast enough, and he was

1:06:05.160 --> 1:06:07.840
<v Speaker 3>in prison for fifteen years for his part in the scandal.

1:06:07.960 --> 1:06:10.520
<v Speaker 3>So he saw prison time. And I guess I should

1:06:10.560 --> 1:06:16.040
<v Speaker 3>mention Prakazel Michelle otherwise known as Praz from the fujis

1:06:16.040 --> 1:06:19.080
<v Speaker 3>the one who's not white left Jean or Lauren Hill. Well,

1:06:19.320 --> 1:06:22.240
<v Speaker 3>you see, there was a second Department of Justice complaint

1:06:22.360 --> 1:06:25.440
<v Speaker 3>against Jolo, not the first that he was part of

1:06:25.520 --> 1:06:29.680
<v Speaker 3>because he Praz got caught trying to bribe the first

1:06:29.720 --> 1:06:35.480
<v Speaker 3>Trump administration to drop the charges against Jolo. Yes, what so?

1:06:35.520 --> 1:06:38.440
<v Speaker 3>According to the DOJ, Praz was part of a criminal

1:06:38.440 --> 1:06:42.800
<v Speaker 3>conspiracy to wire and distribute millions to lobby against Jolo's

1:06:42.840 --> 1:06:47.560
<v Speaker 3>prosecution under Trump. One turns out Praz worked with Elliott Brody,

1:06:47.720 --> 1:06:52.760
<v Speaker 3>one of President Trump's campaign fundraisers. Yes, the kind of

1:06:52.760 --> 1:06:55.880
<v Speaker 3>guy who focuses on big donors. Right. Together, these two

1:06:56.040 --> 1:06:59.439
<v Speaker 3>established bank accounts to distribute funds to lobby the Trump

1:06:59.440 --> 1:07:03.800
<v Speaker 3>administrator to kill the DOJ investigation. That one did go

1:07:03.880 --> 1:07:06.800
<v Speaker 3>to trial, and poor Praz has now been sentenced to

1:07:06.880 --> 1:07:09.880
<v Speaker 3>fourteen years in federal prison. What that of all the

1:07:09.880 --> 1:07:14.160
<v Speaker 3>folks involved. Praz from the Fujis catches prison time. It

1:07:14.320 --> 1:07:17.480
<v Speaker 3>just doesn't seem fair. I mean, I'm not saying excusing

1:07:17.520 --> 1:07:20.320
<v Speaker 3>what he did, but he doesn't fair all the people

1:07:20.320 --> 1:07:22.280
<v Speaker 3>to catch prison time. It's praz from.

1:07:22.200 --> 1:07:25.000
<v Speaker 2>The It is fourteen years, fourteen years.

1:07:24.800 --> 1:07:26.919
<v Speaker 3>In federal prison. I mean they're low security but still

1:07:26.920 --> 1:07:31.640
<v Speaker 3>federal prison. Yes, and get much less time. Yah, don't

1:07:31.640 --> 1:07:34.680
<v Speaker 3>get me started. Obviously, one day, Joe Low's story will

1:07:34.720 --> 1:07:37.200
<v Speaker 3>make a very fine movie. Yes, it may be a

1:07:37.200 --> 1:07:38.800
<v Speaker 3>better film than Wolf of Wall Street.

1:07:38.840 --> 1:07:39.920
<v Speaker 2>But who's going to start it?

1:07:40.120 --> 1:07:41.920
<v Speaker 3>I know I he could win an Oscar. I mean,

1:07:41.960 --> 1:07:43.640
<v Speaker 3>it has all the elements to be a great drama.

1:07:43.840 --> 1:07:45.800
<v Speaker 3>The question is is, though, who would you cast to

1:07:45.800 --> 1:07:49.240
<v Speaker 3>play Leonardardo DiCaprio, Does he play himself? Who do you

1:07:49.280 --> 1:07:52.320
<v Speaker 3>cast to play Paris Hilton or Martin Scorsese? Do you

1:07:52.320 --> 1:07:53.520
<v Speaker 3>get to play Marshy.

1:07:53.760 --> 1:07:56.080
<v Speaker 2>Now Timothy Salome there.

1:07:57.120 --> 1:07:59.880
<v Speaker 3>I like that call. As far as we know, DiCaprio

1:08:00.240 --> 1:08:02.200
<v Speaker 3>did nothing criminal. I want to be very clear about that.

1:08:02.560 --> 1:08:05.520
<v Speaker 3>In many ways he got played, whether knowingly or not.

1:08:05.760 --> 1:08:09.640
<v Speaker 3>DiCaprio casually ambetted this massive fraud because he wanted to

1:08:09.760 --> 1:08:12.680
<v Speaker 3>make his dream project. In the wake of this multi

1:08:12.680 --> 1:08:16.200
<v Speaker 3>billion dollar legal scandal, Discaprio has said very little to

1:08:16.400 --> 1:08:19.240
<v Speaker 3>nothing at all. The FEDS did, though, ask the actor

1:08:19.320 --> 1:08:22.280
<v Speaker 3>to secretly testify before a grand jury. Yeah, he did

1:08:22.280 --> 1:08:24.400
<v Speaker 3>comply with that, but since it was before a grand jury,

1:08:24.400 --> 1:08:26.839
<v Speaker 3>we don't know all what was said. In a prepared

1:08:26.880 --> 1:08:30.360
<v Speaker 3>statement from his REPS, DiCaprio said of Jolo and his

1:08:30.400 --> 1:08:34.759
<v Speaker 3>whole involvement quote, both mister DiCaprio and the Leonardo DiCaprio

1:08:34.880 --> 1:08:37.840
<v Speaker 3>Foundation continue to be entirely supportive of all efforts to

1:08:37.840 --> 1:08:40.720
<v Speaker 3>assure that justice is done in this matter. Mister DiCaprio

1:08:40.880 --> 1:08:43.000
<v Speaker 3>is grateful for the lead and the instruction of the

1:08:43.040 --> 1:08:47.479
<v Speaker 3>government on how to accomplish this unreal So it's telling

1:08:47.520 --> 1:08:49.560
<v Speaker 3>that the most honorable person in this whale of a

1:08:49.640 --> 1:08:52.920
<v Speaker 3>tale is a convicted criminal. Yes, but Jordan Belfort called

1:08:52.920 --> 1:08:55.240
<v Speaker 3>it from the jump. He saw it, didn't pretend it

1:08:55.280 --> 1:08:58.040
<v Speaker 3>was something else, didn't try to benefit from it. As

1:08:58.080 --> 1:09:00.559
<v Speaker 3>Bellefort said, they tried to offer me money and give

1:09:00.640 --> 1:09:02.960
<v Speaker 3>me things. I was like, I don't need these people.

1:09:03.520 --> 1:09:09.200
<v Speaker 3>That's the spirit you should. No one rich needed them, right,

1:09:09.280 --> 1:09:12.839
<v Speaker 3>But people found ways to use Jolo, which only furthered

1:09:12.920 --> 1:09:16.680
<v Speaker 3>his crime. So essentially their own designs and greed and

1:09:16.720 --> 1:09:22.120
<v Speaker 3>desires capitulated to his and and furthered them. So basically

1:09:22.479 --> 1:09:25.400
<v Speaker 3>'s greed inspired greed and others. And it was like

1:09:25.640 --> 1:09:28.000
<v Speaker 3>it was like an STI, only it was a criminal

1:09:28.000 --> 1:09:32.160
<v Speaker 3>infection just bouncing around Hollywood. So Elizabeth, what's our ridiculous

1:09:32.160 --> 1:09:32.760
<v Speaker 3>takeaway here?

1:09:32.840 --> 1:09:33.200
<v Speaker 6>Oh?

1:09:33.200 --> 1:09:33.760
<v Speaker 2>Man?

1:09:34.920 --> 1:09:38.559
<v Speaker 4>You know the intoxic I mean, it's an age old

1:09:38.560 --> 1:09:42.160
<v Speaker 4>the intoxicating quality of money and wealth, right, but seeing

1:09:42.160 --> 1:09:44.000
<v Speaker 4>it kind of all just laid out like.

1:09:43.920 --> 1:09:47.960
<v Speaker 2>That is just disgusting. The numbers you're throwing around.

1:09:47.680 --> 1:09:51.400
<v Speaker 3>And what they did with it, like an invisible piano.

1:09:51.600 --> 1:09:52.559
<v Speaker 2>Mean, that's what you want.

1:09:52.600 --> 1:09:55.280
<v Speaker 4>I mean, we already know that modern art is money

1:09:55.360 --> 1:09:57.800
<v Speaker 4>launching basically, so you see all that, and like you

1:09:57.840 --> 1:10:01.920
<v Speaker 4>see these eye watering rices that things go for. But

1:10:02.120 --> 1:10:05.920
<v Speaker 4>just like the throwing money around. And I'm really struck

1:10:06.000 --> 1:10:10.880
<v Speaker 4>by your friend's story of him forcing the staff into

1:10:10.920 --> 1:10:11.720
<v Speaker 4>the pool.

1:10:11.720 --> 1:10:14.560
<v Speaker 3>And being satisfied with the paid smiles.

1:10:14.200 --> 1:10:17.000
<v Speaker 4>Paid smiles, and you know, you think about it, it's

1:10:17.040 --> 1:10:19.320
<v Speaker 4>like you're working your staff at a party at a

1:10:19.400 --> 1:10:22.439
<v Speaker 4>rooftop bar in Vegas. You know, you have like a

1:10:22.600 --> 1:10:24.759
<v Speaker 4>uniform that you wear, so you've got like the shoes

1:10:24.760 --> 1:10:26.840
<v Speaker 4>that you wear to work. Well, now you know, I

1:10:26.840 --> 1:10:28.720
<v Speaker 4>don't know if they were able to kick their shoes off,

1:10:28.720 --> 1:10:32.680
<v Speaker 4>but all these things that like they have to demean themselves.

1:10:32.800 --> 1:10:35.160
<v Speaker 2>Yeah, is entertainment.

1:10:34.760 --> 1:10:38.280
<v Speaker 3>A casino pool like rooftop pool party waitress and you've

1:10:38.320 --> 1:10:41.559
<v Speaker 3>just now hopped into a pool and splashing around. I mean,

1:10:42.000 --> 1:10:43.960
<v Speaker 3>I feel bad for them, But when I say this,

1:10:44.520 --> 1:10:47.519
<v Speaker 3>I think it's pitiful. I mean Jolo that he could

1:10:47.560 --> 1:10:49.880
<v Speaker 3>be satisfied by all those fake smiles and act like

1:10:49.920 --> 1:10:50.840
<v Speaker 3>he's really winning it.

1:10:50.840 --> 1:10:51.879
<v Speaker 2>Like, yeah, exactly.

1:10:51.920 --> 1:10:54.080
<v Speaker 3>He took all these form allagi people's money just to

1:10:54.240 --> 1:10:55.360
<v Speaker 3>get some kind of feeling.

1:10:55.560 --> 1:10:57.120
<v Speaker 2>That's pitiful, right, So there you go.

1:10:57.160 --> 1:10:59.520
<v Speaker 3>That's mine, and thank you for asking. Of course, anytime

1:10:59.680 --> 1:11:01.920
<v Speaker 3>in the movie for a talkback, watch this one down,

1:11:02.600 --> 1:11:04.599
<v Speaker 3>produce a d what you got for us? I got

1:11:04.600 --> 1:11:14.960
<v Speaker 3>a good one for you. Oh God, I.

1:11:15.000 --> 1:11:15.719
<v Speaker 2>Love get.

1:11:19.400 --> 1:11:22.280
<v Speaker 5>Hi's Aaron, Hi Elizabeth. I just wanted to say thank

1:11:22.320 --> 1:11:25.599
<v Speaker 5>you for keeping me well entertained on countless nights spent

1:11:25.680 --> 1:11:29.559
<v Speaker 5>on my cannabis farm. It's fun listening to a crime

1:11:29.640 --> 1:11:34.720
<v Speaker 5>podcast while I do things that would be considered in

1:11:34.920 --> 1:11:36.720
<v Speaker 5>many states, but not the one that I live in,

1:11:37.200 --> 1:11:41.680
<v Speaker 5>to be quite criminal. Indeed, again, thanks for keeping me

1:11:41.760 --> 1:11:44.519
<v Speaker 5>well entertained. I hope y'all have a lovely evening evening

1:11:44.600 --> 1:11:46.040
<v Speaker 5>and have a nice dinner.

1:11:46.520 --> 1:11:48.080
<v Speaker 3>Oh, thank you so lovely.

1:11:48.240 --> 1:11:50.519
<v Speaker 2>See everyone what a cannabis farmer is.

1:11:51.080 --> 1:11:54.879
<v Speaker 3>It's beautiful, just making joy and wishing people happy day exactly.

1:11:56.200 --> 1:11:57.960
<v Speaker 2>I'm glad we can keep you company.

1:11:58.200 --> 1:12:01.040
<v Speaker 3>Thank you as always. You can find us online if

1:12:01.040 --> 1:12:03.679
<v Speaker 3>you'd like more Ridiculous Crime on Instagram we have pictures

1:12:03.920 --> 1:12:06.479
<v Speaker 3>there images of everything we're talking about. And on Blue

1:12:06.479 --> 1:12:08.120
<v Speaker 3>Sky you can go over there and check us out

1:12:08.160 --> 1:12:11.000
<v Speaker 3>as well. It's Ridiculous Crime. Also, we have our account

1:12:11.040 --> 1:12:14.160
<v Speaker 3>Ridiculous Crime Pod on YouTube. Go check that if you

1:12:14.280 --> 1:12:17.439
<v Speaker 3>like watching and listening to your podcast. We have our

1:12:17.439 --> 1:12:19.880
<v Speaker 3>website ridiculous Crime dot com which has a bunch of

1:12:19.960 --> 1:12:22.000
<v Speaker 3>merch and fun stuff for you to check out. Go there.

1:12:22.439 --> 1:12:26.160
<v Speaker 3>It is quite a kick. And also the iHeart app

1:12:26.360 --> 1:12:29.000
<v Speaker 3>download leave a talkback. We'd love to hear your voice here.

1:12:29.040 --> 1:12:29.920
<v Speaker 3>Maybe you'd like to.

1:12:29.880 --> 1:12:31.960
<v Speaker 2>Hear your voice here, so do it, do it.

1:12:32.160 --> 1:12:35.559
<v Speaker 3>Oh. Also, we have our email email Ridiculous Crime at

1:12:35.600 --> 1:12:38.400
<v Speaker 3>gmail dot com and please start your email. Dear producer day.

1:12:38.960 --> 1:12:41.599
<v Speaker 3>We appreciate you, thank you for listening, and we will

1:12:41.640 --> 1:12:50.479
<v Speaker 3>catch you next Crime Ridiculous Crime. It's hosted by Elizabeth

1:12:50.520 --> 1:12:54.280
<v Speaker 3>Dutton and Zaren Burnette, produced and edited by Leonardo DiCaprio's

1:12:54.320 --> 1:12:58.400
<v Speaker 3>auctioneer to the stars, Dave Ridiculous assistant is Jamie Foxx's

1:12:58.520 --> 1:13:04.000
<v Speaker 3>piano player, Tarry Maldonado. Fall research is by Miranda Kerr's

1:13:04.160 --> 1:13:07.880
<v Speaker 3>piano cleaners, Marisa Brown and Jabari Davis. Our theme song

1:13:08.000 --> 1:13:11.639
<v Speaker 3>is by Thomas Lee and Travis Stutton. The host wardrobe

1:13:11.640 --> 1:13:14.960
<v Speaker 3>provided by Botany five hundred producer. Dave's wardrobe provided by

1:13:15.000 --> 1:13:18.040
<v Speaker 3>Mister Guy of Beverly Hills. Guest hair and makeup by

1:13:18.040 --> 1:13:23.599
<v Speaker 3>Sparkleshot and Mister Andre. Executive producers are Ben Hey, how

1:13:23.640 --> 1:13:27.840
<v Speaker 3>did you meet? Jo Lo Boland and Noel oh Man.

1:13:27.920 --> 1:13:29.519
<v Speaker 3>I was at this great pool party.

1:13:29.960 --> 1:13:39.559
<v Speaker 2>Brown CUI say it one more time?

1:13:40.920 --> 1:13:41.200
<v Speaker 4>curR.

1:13:42.320 --> 1:13:45.719
<v Speaker 1>Ridiculous Crime is a production of iHeartRadio four more Podcasts.

1:13:45.800 --> 1:13:48.960
<v Speaker 1>My Heart Radio visit the iHeartRadio app, Apple Podcasts, or

1:13:49.000 --> 1:13:50.759
<v Speaker 1>wherever you listen to your favorite shows.