Thursday, January 31, 2019

Pras Stands to Lose Millions in Malaysian Bond Scandal


Last month Fugees rapper Pras was linked to the Malaysian bond scandal headed up by financier Jho Low and Kimora Lee Simmons' husband Tim Liessner [click here if you missed that].

Now Pras is desperately fighting a $38 million forfeiture complaint...
 
From The Daily Mail
Former Fugees rapper Pras has become the latest American celebrity to find himself tangled up in a massive Malaysian embezzlement scandal.
Prakazrel 'Pras' Michel, a founding member of the hit 1990s group, is now fighting the US government over a $38million civil forfeiture complaint.
Michel is accused of aiding a scheme to try and get the Justice Department to drop an investigation into embezzlement from a Malaysian investment fund, according to the complaint.
It claims Michel was looped into the scheme by the brother of Jho Low, a fugitive Malaysian financier who was charged by the Justice Department last year with embezzling from the fund - known as 1MDB - to finance his luxurious lifestyle.
Michel allegedly opened bank accounts under false pretenses to help finance a lobbying campaign that unsuccessfully tried to shut down the investigation into 1MDB.

7 comments:

Anonymous said...

I didn't know Pras had m's in the 1st place.

Anonymous said...

Nice pic of Pras

Tippie Toes said...

12:37pm

Niyabinghi/ObeahWomanWarrior said...

His ass better get them top Haitian Houngans and Mambos on the case. Like they did when Bill and Hillary came down in Haiti and stole all that red cross money and came back looking like walken dead, I'm surprised those two thieving ass hoes are still living.

Magick said...

@Niyabinghi, say it again....

☛☢Twitter☺Fingers☢☚ said...

The Lesson here: Keep your money in American/British/Canadian investments ABC's. When you put your money in foreign overseas markets, like third world countries, you have a lot more risks involved and I don't mean their financial markets. You never know who is a crook.

Anonymous said...

Pras has $38 million?

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