Swizz Beatz, Alicia Keys Linked To Malaysian Money Laundering Scandal
You would think being New Yorkers, Swizz Beatz and Alicia Keys would have been able to sniff out a scammer immediately… But maybe they just didn’t care. That’s what some peope are speculating as the hip-hop producer has become the latest public figure to be linked to Malaysian businessman Jho Law.
Court papers show Beatz received a whopping $800K in allegedly stolen funds to perform at a November 2012 birthday party for Low in Las Vegas.
According to Page Six reports, the money was part of a $7 billion cache illegally siphoned from 1MDB, a Malaysian development fund that Singapore authorities say was largely controlled by Low.
The fund was created by Low and run by Malaysian Prime Minister Najib Razak. 1MDB is an abbreviation for 1Malaysia Development Berhad. Razak has not admitted any wrongdoing and has had citizens who call him corrupt jailed over their accusations.
The scandal is at the center of a court case in Singapore, where BSI Bank was shut down for its role in the alleged money laundering mess, and bank statements that show the payment are part of the case!
“Swizz should have known better,” a source sniffed of the controversy, adding that Beatz and his singer wife, Alicia Keyes, jet-setted around the world with plump, seemingly deep-pocketed Low.
“They didn’t like him, but they did like his money.”
Other high-profile Americans caught up in the scandal include Leonardo DiCaprio, whose ‘Wolf of Wall Street,’ film was partially funded by a Hollywood production company co-created with the 1MDB money, according to law enforcement.
Most of Low’s assets have been frozen while he’s being investigated by at least six countries.
“He is moving around Taiwan, China and Thailand,” a source said, and he is also hiding out on his yacht, Equanimity.
Besides Swizz, other celebs who where paid to perform at Low’s birthday party include Q-Tip, Busta Rhymes, Psy and Jamie Foxx; while Ludacris, Chris Brown, Kim Kardashian and Kanye West were paid to make appearances at the event. Other guests included Leonardo DiCaprio, Robert De Niro, Benicio del Toro and Michael Phelps, who were all treated to the spectacle that involved 250 scantily clad women, dwarf ‘oompa loompas” and Cirque du Soleil style performer. Oh and y’all will get a kick out of this one —
Britney Spears was reportedly paid around $250K to perform three songs, but instead she just sang “Happy Birthday” and left.
The Beatz payment was first reported by The Sarawak Report, an online investigative blog.
The Sarawak Report’s founder, Clare Rewcastle, a British journalist and sister-in-law of ex-British prime minister Gordon Brown, said she has alerted Beatz for more than a year that the money was tainted.
“We have alerted Swizz and Alicia for over a year about this issue but they ignored us and allowed Jho to continue to help fund their latest charity event,” Rewcastle said.
Indeed, a Twitter search yielded MULTIPLE tweets to Keys asking about charitable donations Low made.
Crazy right? What would you do if you were ANY of the people named in this case? Give back the money?
Hit the flip for the tweets from the Sarawak Report.
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