always said some films look like a money laundering scheme
>First came "The Wolf of Wall Street." Now the U.S. government says two more feature films were financed by illicit foreign money.
>In a complaint issued Thursday, the Justice Department claimed that tens of millions of dollars were diverted from a Malaysian government investment fund to produce "Dumb and Dumber To" and "Daddy's Home."
>It's part of what prosecutors say was an enormous international fraud: Corrupt officials and financiers stole $4.5 billion from 1Malaysia Development Berhad (1MDB) between 2009 and 2015, laundering the money through a series of shell companies with bank accounts in the United States and abroad.
>Prosecutors have filed to recover $1.7 billion.
>The Justice Department says millions in stolen money was funneled through Red Granite Pictures, a Los Angeles production company. The government is laying claim to the movie rights from all three films in question, as well as any profits.
>tens of millions of dollars were diverted from a Malaysian government investment fund Is zoolander the most redpilled film ever?
Robert Turner
I don't understand how this is supposed to work? I know about how some movies intentionally make losses to take advantage of tax stuff, but studios need to explain where they got their money from. And those companies in turn need to show where they got their money. Why choose mofies when this can be applied to most business that rely on outsider funding?
Ayden Rivera
it was a rogue op only reason it's being exposed.
Oliver Collins
Not if the producers front the money. Studios just hire out producers to produce the movie.
Jackson Ward
Wtf I hate Scorsese now?
Charles Clark
did he just defibrillate that dude with his bear hands? holey shit
Carter Brooks
more like somebody didn't get their cut.
it's too easy to re-appropriate foreign sales. how do you think movies with extremely high foreign turnouts get those numbers?
Noah Howard
Proof? Seems plausible but still.
Oliver Thompson
he has very little to do with the details of the financing of his films. that is for the finance guys behind the scenes.
Julian Kelly
name 1 false thing cnn has ever said protip: you can't
Hasn't shit like this happened all the time for years? I mean this is the entire basis for Uwe Boll's career. I think that's mostly German funding but still it make sense that Americans would do it all the time as well.
Kayden Myers
Malaysians are the biggest crooks on the planet.
Brayden White
I can't believe that. That's so stupid I literally don't believe my eyes.
Joshua Ramirez
It all went to DiCaprio's plane rides.
Blake Jackson
RELAX
Cameron King
>bear hands
Eli Torres
Modern art is a big money laundering scheme.
>Oh hey nice splash or red paint on that cavas! Here is 200k!
Daniel Martinez
We've known this
Jacob Williams
I wonder if Adam Sandler will get subpoenaed during this?
William Ramirez
>all these hollywoods movies pandering to chinks >half of them are plugin now >the other half are financed illegally >indie shit is pretentious meaningless tripe >everything is rehashes, remakes and based on a book/comic/play shit movies are dead
Eli Harris
Malaysian here, it's our cuck prime minister desu
yeah it'd been awhile he's keep doing this shit
well fuck him anyway
the right wing movement ( which leads to our current PM) is corrupt, known for bribery etc etc and whatnot
Charles Peterson
>Man who owns co-owns a film financing company become Treasury Sec >Suddenly the govt is going after other financiers
hmmm
Thomas Perry
IMAGINE MY SHOCK
Brandon Martinez
Treasury dept =/= Justice dept
Mnuchin sucks though
Wyatt Foster
People who know things already know all about this. Money laundering isn't a byproduct of Hollywood, its the other way around, the movie industry exists specifically because of the need to launder large sums of money.
Levi Bailey
Wasnt there a movie with this plot 30 years ago?
Joshua Sullivan
>(((Hollywood)))
Just come out and say it
Daniel Wright
I know right, those evil Malaysian Jews are at it again
Josiah Williams
Curse that Malaysian Jew mafia!
Ryder Lopez
Malaysia's ruling class are ethnic Hun Chinese so I'm not surprised at all your country is a corrupt kleptocracy
Nolan Anderson
>this guy gets into office >suddenly DC films start doing well (he's the exec producer of BvS & Wonder Woman)