Fugees’ Pras Michel Found Guilty in Malaysian Money Laundering Scheme

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Fugees co-founding member Pras Michel has been convicted for his involvement in a brazen billion-dollar Malaysian money laundering scheme. On Wednesday, a jury found Pras guilty of 10 federal counts, including campaign finance violations, money laundering, illegal lobbying, witness tampering, and lying to banks. He faces up to 20 years in prison.

The case involved Low Taek Jho, aka “Jho Low,” a fugitive businessman who has been accused of embezzling $4.5 billion from a Malaysian sovereign wealth fund known as 1Malaysia Development Berhad. Michel allegedly worked on Jho’s behalf, intentionally failing to register under the Foreign Agents Registration Act, and attempting to influence two different presidential administrations — by pouring millions of dollars into Barack Obama’s 2012 reelection campaign through straw donors, and by lobbying Donald Trump’s administration to halt a DOJ investigation into 1MDB. Michel was allegedly paid tens of millions of dollars for his services.

Read full report: https://www.yahoo.com/entertainment/fugees-pras-michel-found-guilty-211529550.html

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