DiCaprio offers up artworks embroiled in money laundering investigation

Paintings by Picasso and Basquiat could soon be handed over to the FBI as part of an investigation into a US$4.5 billion (£3.5 billion) Malaysian embezzlement scheme.

Given to the actor Leonardo DiCaprio as gifts, the artworks were purchased by individuals caught up in the US Justice Department’s investigation into the 1Malaysia Development Berhad (1MDB) fund. Continue reading