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MPWMalaysia

Miranda Kerr Hands Over $8.1 Million in Jewelry Linked to Corruption Case

By
Lisa Marie Segarra
Lisa Marie Segarra
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By
Lisa Marie Segarra
Lisa Marie Segarra
Down Arrow Button Icon
June 27, 2017, 4:48 PM ET
"Rei Kawakubo/Comme des Garcons: Art Of The In-Between" Costume Institute Gala - Sightings
Model Miranda Kerr is seen at the 'Rei Kawakubo/Comme des Garcons: Art Of The In-Between' Costume Institute Gala at Metropolitan Museum of Art on May 1, 2017 in New York City. Gilbert Carrasquillo GC Images

Model Miranda Kerr handed over $8.1 million worth of jewelry to the U.S. Justice Department after prosecutors said it was linked to a Malaysian corruption case.

Kerr reportedly received the jewelry as gifts from a Malaysian financier, who allegedly bought them with stolen government money, the Guardian reported.

“From the start of the inquiry, Miranda Kerr cooperated fully and pledged to turn over the gifts of jewelry to the government,” Kerr’s representative Mark Fabiani told USA Today in a statement. “Ms. Kerr will continue to assist with the inquiry in any way she can.”

The case alleges that more than $4.5 billion was stolen from the 1Malaysia Development Berhad fund, known as 1MDB, according to a release from the Justice Department. The fund was set up by Prime Minister Najib Razak, who has denied doing anything illegal, according to the Guardian.

Leonardo DiCaprio also handed over $3.2 million worth of artwork, including a Picasso painting. The rights to his movie The Wolf of Wall Street were also seized.

Kerr and DiCaprio have not been accused of any crime.

About the Author
By Lisa Marie Segarra
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