CELEBRITY LAWSUITS: Last News

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Leonardo DiCaprio testifies in Fugees’ lobbying trial that financier Jho Low tried to funnel $30M to Obama
Malaysian financier Jho Low tried to funnel up to $30 million to President Barack Obama’s 2012 re-election campaign as part of a far-reaching influence operation.“I basically said, ‘Wow, that’s a lot of money,'” DiCaprio testified.The “Titanic” star was testifying in the trial of rapper Prakazrel “Pras” Michel of The Fugees hip hop group, who US prosecutors accuse of illegally taking tens of millions of dollars to lobby the US government on behalf of Low and the Chinese government.DiCaprio is one of several prominent figures linked to Low, who is suspected of embezzling $4.5 billion from Malaysia’s 1MDB sovereign wealth fund.The financier, who was known to pay Hollywood celebrities to party with him, supported DiCaprio’s charitable foundation and helped fund “The Wolf of Wall Street,” the 2013 movie in which DiCaprio starred.DiCaprio has been cooperating with the US government’s investigation.He managed to enter the courthouse without being spotted by news crews that had been staking out his arrival.Michel is accused of profiting from an alleged embezzling scheme by Low, as well as a Chinese government influence campaign aimed at repatriating dissident Guo Wengui.Michel faces 11 criminal counts for trying to influence the administrations of Obama and former President Donald Trump. Michel has denied the allegations.The Fugees won two Grammy Awards for their best-selling 1996 album “The Score.” But by 2012, prosecutors said, Michel was in dire need of cash.Prosecutors said Michel agreed to funnel money into Obama’s 2012 re-election campaign and hide the source of the funds.
nypost.com
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Timbaland, Swizz Beatz sue Triller for $28M over ‘Verzuz’ payment beef
hit streaming rap-battle show, which was created by the two hip-hop producers in 2020, pits music artists against each other in the form of freestyle rap.Swizz Beatz, whose real name is Kasseem Dean, and Timbaland, real name Timothy Mosley, agreed to sell the series’ rights to Triller, a TikTok competitor, in January 2021, TMZ first reported.But now, the pair allege the company, created in 2015 by financier Ryan Kavanaugh, defaulted on the deal after just two payments, according to documents obtained by the outlet.It’s reported that a new payment plan was later agreed upon, however, Timbaland and Swizz Beatz claim they haven’t seen the money hit their accounts yet after it was due in January.The pair are seeking compensatory damages of $28 million, as well as $95,000 as interest, as well as attorneys’ fees, and costs.“Defendants have failed and refused to respond to plaintiffs’ written notice and demand for payment,” Swizz Beatz and Timbaland’s lawyers wrote in the complaint, according to Billboard. “To date, defendants have failed and refused to make any payment to Mosley and Dean of the past due sums due and owing, and defendants continue in default of their payment obligations.”Triller did not immediately respond to The Post’s request for comment — but Swizz Beatz and Timbaland’s legal reps claim in the suit: “The aforesaid defaults constitute material breaches of the agreement by defendants.

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