Рет қаралды 10
Jho Low, using funds allegedly embezzled from Malaysia's 1MDB, spent over $200 million on high-value art between 2013 and 2014. His purchases, facilitated by Sotheby's and art dealers, served as both status symbols and easily liquid assets, used as collateral or sold quickly to obscure the origin of the stolen money. This sophisticated money-laundering scheme exploited the art.