Entertainment Miranda Kerr given $13m worth of diamonds by Jho Low

02:55  17 june  2017
02:55  17 june  2017 Source:   9News.com.au

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Jho Low and Miranda Kerr Getty Images. Supermodel Miranda Kerr was showered in millions of dollars worth of diamonds by a shady Asian billionaire who is accused of mastermind of a billion global money laundering scandal, according to a new civil complaint filed by the U.S. government.

Miranda Kerr given $ 13 m worth of diamonds by Jho Low . .5M Of Diamonds Gifted To Miranda Kerr Targeted In Huge Fraud Lawsuit.

  Miranda Kerr given $13m worth of diamonds by Jho Low © Provided by Nine Digital Pty Ltd A Malay businessman implicated in the biggest international embezzlement scandal in living memory bought Aussie supermodel Miranda Kerr $13.3m worth of jewellery, US authorities allege.

The Kerr connection is the latest detail in the labyrinthine story of Low Taek Jho (better known as a Jho Low), a hard-partying Malay national who has cultivated extensive links in Hollywood via his work as a financier.

Low is being pursued in multiple countries for allegedly being part of a group, possibly with political links at the highest levels, which defrauded the federal Malaysian development fund called 1Malaysia Development Berhad.

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Miranda Kerr was gifted diamonds worth millions from accused criminal mastermind. Jho Low started giving gifts to Miranda Kerr after she split from Orlando Bloom.Source:Supplied.

Miranda Kerr was gifted diamonds worth millions from billionaire. June 16, 20173:33pm. Miranda Kerr and Jho Low . Jho Low started giving gifts to Miranda Kerr after she split from Orlando Bloom.Source:Supplied.

The US Department of Justice says it has established so far that nearly $6b has been stolen from the fund, which was established on loans to the tune of $17b.

  Miranda Kerr given $13m worth of diamonds by Jho Low © Provided by Nine Digital Pty Ltd Low is suspected of using his alleged share of that money to fund his own decadent lifestyle, heap lavish gifts upon his celebrity friends, and to back production Hollywood blockbusters including The Wolf of Wall Street.

Now the US Department of Justice has listed assets belonging to or connected with Low which it intends to seize, including the Equanimity, a superyacht worth $330m, paintings by Basquiat and Picasso worth a combined $16.45m that he bought for Leonardo DiCaprio, and the jewellery he gave to Kerr.

As The Wall Street Journal reports, Low gave Kerr the 11.72-carat heart-shaped diamond, worth $1.71m and inscribed with her initials, on Valentine's Day 2014.

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We’ll start with how this portly dude was able to date supermodel Miranda Kerr (who is now married In November 2014, Low plunked down $US3.8 million as partial payment for an 8.88 carat diamond pendant from Schwartz valued at around .5 million that he gave to Kerr as a gift. And Jho Low

Jho Low and Miranda Kerr Getty Images. Supermodel Miranda Kerr was given millions of dollars’ worth of diamonds by her billionaire ex-boyfriend — who is accused of masterminding the theft of .5 billion from a Malaysian development fund.

He followed that keepsake up with an 8.88-carat diamond pendant worth $5m, a matching diamond jewellery set worth $2.63m, and a pair of 11-carat diamond earrings worth a comparatively modest $1.45m.

According to the New York Post’s Page Six, the heart-shaped diamond, which Low bought after telling his jeweller he had "$1m-$2m to spend", was given to Kerr shortly after the breakdown of her relationship with Orlando Bloom.

The paper reports that DiCaprio has agreed to turn in his goods to the DoJ, including Marlon Brando's Oscar for On the Waterfront, which was given to him by Red Granite, a production company connected with Low that bankrolled Martin Scorsese's 2013 paean to besuited greed, The Wolf of Wall Street.

Last year Red Granite's chief executive, Riza Aziz, was accused of dropping $1.3m skimmed from 1MDB on the tables in Las Vegas with DiCaprio in tow.

The DoJ is also seeking to seize the rights to Dumb and Dumber To, also produced by Red Granite, and has already sued for the proceeds of The Wolf of Wall Street.

"(The) complaints reveal another chapter of this multiyear, multibillion-dollar fraud scheme, bringing the total identified stolen proceeds to ($5.93 billion)," DoJ acting Assistant Attorney General Kenneth Blanco said in a statement.

"This money financed the lavish lifestyles of the alleged co-conspirators at the expense and detriment of the Malaysian people."

Despite the Department's case, as well as probes in the United Arab Emirates, Singapore and Luxembourg, the Malaysian government has concluded nearly all of its investigations into the embezzlement scandal, and has found, so far, not a trace of wrongdoing.

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