The Wolf of Wall Street  and those involved with the movie raised their collectively ugly head yet again. It seems fitting that a movie based upon of the great Wall Street scams (even if it was Long Island rather than Wall Street) is mired in allegations of another type of fraud. This time it involves the money that was used to invest in the film and its provenance. Allegations laid out in the Justice Department forfeiture claims around the looted Malaysian sovereign wealth fund 1MDB, set forth that monies used to finance the film may have been illegally derived from the fund.

Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in...