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Ex-Fugees Rapper Poised to Be Charged in Case Tied to Obama Funding, 1MDB
Federal prosecutors expected to charge former rap star Pras Michel as soon as Friday with campaign-finance violations related to President Barack Obama’s 2012 re-election campaign
bloomberg.com/news/articles/…
Michel will be accused in Washington of contributing funds to pro-Obama organizations without disclosing their foreign origin -- specifically Jho Low, who is accused of masterminding a massive diversion of cash from Malaysia’s 1MDB wealth fund.
The charges, as described, are an outgrowth of a sprawling Justice Department investigation into fraud and corruption at 1MDB, a wealth fund that was intended to promote economic development in Malaysia. It was instead treated like a massive slush fund by Jho Low
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