, , , , , ,

Ex-Fugees Rapper Pras’ Multimillion-Dollar Politics Conspiracy Trial Opens

A founding member of the 1990s hip-hop group the Fugees was enmeshed in political conspiracies involving millions of dollars in foreign money under two different U.S. presidents, federal prosecutors said as his trial got underway with opening statements Thursday (March 30).

Prakazrel “Pras” Michel is accused of funneling money from a fugitive Malaysian financer through straw donors to Barack Obama’s 2012 re-election campaign. Five years later, prosecutors say he tried to squelch an investigation into the financier and persuade then-President Donald Trump’s administration to return to China a “vocal critic of the government.”

Related

“This is a case about foreign money, foreign influence and concealment,” said prosecutor Nicole Rae Lockhart. Michel pocketed over $100 million in the saga involving “political intrigue, backroom dealing … burner phones and lies,” she said.

Michel’s lawyers have previously said he is innocent and “extremely disappointed” in the charges, but the defense decided to wait to give its opening statement in the trial that’s expected to last weeks.

The Department of Justice says Michel conspired with Low Taek Jho, usually known as Jho Low. The fugitive financier is accused of masterminding a money-laundering and bribery scheme that pilfered billions from the Malaysian state investment fund known as 1MDB.

Looted money paid for jewelry and luxury art and helped finance Hollywood films like The Wolf of Wall Street.

Low was once known for his business and social ties to American celebrities like Kim Kardashian and Leonardo DiCaprio, a possible witness in the case. During the 2012 presidential campaign, prosecutors allege Low directed more than $20 million to Michel, who concealed its origin by giving the money to straw donors to give to the Obama campaign. He later tried to lean on the donors to keep them from talking to investigators, Lockhart said.

In 2017, prosecutors say, the Grammy-winning rapper worked with a Republican “fixer” to try and shut down a U.S. investigation into Low and embezzlement from the Malaysian fund. He’s also accused of pushing the Trump administration to send a Chinese person who had fled to the U.S. back to China.

“It almost worked,” Lockhart said. “The defendant wanted money and was willing to break any laws necessary to get paid.”

The Justice Department last year announced charges against Low and two former Goldman Sachs bankers in the money laundering and bribery scheme that pilfered money from the fund, which was created to spur economic development projects in Malaysia. Low is a fugitive but has maintained his innocence.

One of the bankers, Roger Ng, was sentenced to 10 years in prison this month for his role in the scheme.

https://www.billboard.com/business/legal/fugees-pras-conspiracy-trial-opens-1235295800/


January 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  

About Us

Welcome to encircle News! We are a cutting-edge technology news company that is dedicated to bringing you the latest and greatest in everything tech. From automobiles to drones, software to hardware, we’ve got you covered.

At encircle News, we believe that technology is more than just a tool, it’s a way of life. And we’re here to help you stay on top of all the latest trends and developments in this ever-evolving field. We know that technology is constantly changing, and that can be overwhelming, but we’re here to make it easy for you to keep up.

We’re a team of tech enthusiasts who are passionate about everything tech and love to share our knowledge with others. We believe that technology should be accessible to everyone, and we’re here to make sure it is. Our mission is to provide you with fun, engaging, and informative content that helps you to understand and embrace the latest technologies.

From the newest cars on the road to the latest drones taking to the skies, we’ve got you covered. We also dive deep into the world of software and hardware, bringing you the latest updates on everything from operating systems to processors.

So whether you’re a tech enthusiast, a business professional, or just someone who wants to stay up-to-date on the latest advancements in technology, encircle News is the place for you. Join us on this exciting journey and be a part of shaping the future.

Podcasts

TWiT 1013: Calamari in Crisis – Touching the Sun, Fake Spotify Artists, Banished Words This Week in Tech (Audio)

Touching the Sun, Fake Spotify Artists, Banished Words AI Needs So Much Power, It's Making Yours Worse How many billions Big Tech spent on AI data centers in 2024 NASA Spacecraft 'Touches Sun' In Defining Moment For Humankind Elon Musk Calls Out NASA's Moon Ambitions: 'We're Going Straight to Mars' Elon Musk and the right's war on Wikipedia Trump Asks Supreme Court to Pause Law Threatening TikTok Ban US Treasury says Chinese hackers stole documents in 'major incident' Judge blocks parts of California bid to protect kids from social media Finland probes Russian shadow fleet oil tanker after cable-cutting incident US appeals court blocks Biden administration effort to restore net-neutrality rules The Ghosts in the Machine (fake spotify artists) Massive VW Data Leak Exposed 800,000 EV Owners' Movements, From Homes To Brothels Banished Words | Lake Superior State University 2025 Public Domain Day 2025 Happy Birthday, Bitcoin! The top cryptocurrency is old enough to drive End of the lines? QR-style codes could replace barcodes 'within two years' Host: Leo Laporte Guests: Richard Campbell, Anthony Ha, and Stacey Higginbotham Download or subscribe to This Week in Tech at https://twit.tv/shows/this-week-in-tech Get episodes ad-free with Club TWiT at https://twit.tv/clubtwit Sponsors: ZipRecruiter.com/Twit joindeleteme.com/twit promo code TWIT canary.tools/twit – use code: TWIT zscaler.com/security
  1. TWiT 1013: Calamari in Crisis – Touching the Sun, Fake Spotify Artists, Banished Words
  2. TWiT 1012: Our Best Of 2024 – The Best Moments From TWiT's 2024
  3. TWiT 1011: The Year in Review – A Look at the Top Stories of 2024
  4. TWiT 1010: The Densest State in the US – TikTok Ban, Drones Over Jersey, GM Quits Robotaxis
  5. TWiT 1009: Andy Giveth & Bill Taketh Away – Trump's Tech Titans, Crypto Boom, TikTok's US Ban, Intel CEO Exits