Low Taek Jho, also known as Jho Low, is a Malaysian billionaire. He is suspected of being the brains behind a financial fraud scheme that encompasses a sophisticated network of overseas shell firms, A-list celebrities, the Middle East, and Wall Street.
For years, investigators have been looking into how monies were embezzled from the quasi-sovereign wealth fund 1Malaysia Development Berhad (1MDB) in Malaysia.
The finances were used to acquire worldwide real estate, super-yachts, and even finance Hollywood blockbusters. Najib Razak, the former prime minister of Malaysia who was recently arrested and charged with financial fraud, embezzlement, and misuse of authority, allegedly had his own personal bank account into which these funds were sent.
There is widespread consensus that Low, 36, directed the capital of 1MDB.
The upcoming Thursday episode of The Con, titled The Billion Dollar Con, will focus on his phenomenal success and financial exploits. The episode will air on ABC on August 18, 2022, at 10:00 pm ET. The synopsis of the episode reads:
“In 2009, a mild-mannered graduate of the University of Pennsylvania’s Wharton School of Business set in motion a fraud of unprecedented gall and magnitude. Authorities say that for over a decade, Jho Low, with the aid of high-powered investment banking companies, siphoned…
