Leonardo DiCaprio was presented with Marlon Brando’s 1954 Oscar for Best Actor in “On the Waterfront” by Malaysian financier Jho Low. The Oscar was purchased by Low at an auction for $600,000.
According to The New York Times, Low is accused of committing fraud against an investment fund for billions of dollars. Additionally, The New York Time reports that Low is fugitive, who is believed to be hiding in China.
In addition to the Oscar, DiCaprio gave investigators a painting by Pablo Picasso and any other gifts he received from Low in 2017.
Even though the gifts were returned a year ago, a detail resurfaced on Tuesday, Dec. 11, 2018, in a New York Times story about Low, the financier, who is part of a criminal investigation. According to The New York Times, Low, Malaysia’s ex-prime minister Najib Razak, and others allegedly used billions of dollars from an investment fund that was run by the Malaysian government.
Leonardo DiCaprio was not the only celebrity who had to return gifts. Miranda Kerr is willing to return the grand piano, however, there are complications as the government would need to knock down part of her house to move it.
Marlon Brando’s Oscar is currently in a federal warehouse in Texas. DiCaprio has been compliant with the ongoing investigation from the beginning.
DiCaprio’s representatives released the following statement to People magazine:
Last July, upon hearing of the government’s civil action against certain parties involved in the making of ‘The Wolf of Wall Street,’ Mr. DiCaprio’s representatives – working under his instruction – initiated contact with the Department of Justice. The effort was to determine if there were any gifts of charitable donations originating from the parties named in the civil complaint, and to offer the return of any such gifts or donations with the aid and the instruction of the government. Prior to the government’s filing of the civil pleading today, Mr. DiCaprio initiated the return of these items, which were received and accepted by him for the purpose of being included in an annual charity auction to benefit his eponymous foundation. He has also returned an Oscar originally won by Marlon Brando, which was given to Mr. DiCaprio as a set gift by Red Granite to thank him for his work on ‘The Wolf of Wall Street.’
DiCaprio was nominated for an Oscar for his role in the 2013 “The Wolf of Wall Street,” and he won an Oscar for his role in the 2015 “The Revenant.”
By Jeanette Smith
Global news ink: Leonardo DiCaprio Ordered to Return Oscar Amid Court Case
People: Leonardo DiCaprio Willingly Returned Gifted Oscar to Federal Authorities Amid Criminal Investigation
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