Low, Ng and Leissner are the first individuals to be charged in the U.S. in relation to the scandal at 1MDB. Goldman Sachs arranged bond offerings that helped the fund raise more than $6 billion, much of which, according to international authorities, was squirreled away in private accounts and used to buy yachts, paintings and high-end real estate.

Source: Los Angeles Times November 01, 2018 17:37 UTC