Paramount Pictures
It's one of the greatest scandals in financial history. "1MDB" started out as a government plan to fund infrastructure projects in Malaysia but turned into an alleged swindle to tune of more than $3 billion. It brought down Malaysia's prime minister, the prime suspect is still on the run, and Goldman Sachs might be on the hook for crushing fines.
US and Malaysian authorities, as well as those in the UK, Australia and Singapore, among others, are continuing to figure out just what happened, and who is responsible. Malaysia this week filed the first criminal charges for Goldman Sachs and a few ex-bank and fund employees, while lawsuits are still being filed over billions in missing cash. Goldman Sachs says it is cooperating with authorities and will contest the charges.
Somehow actor Leonardo DiCaprio, model Miranda Kerr, and the estate of Jean-Michel Basquiat got dragged into the mess, too.
This is the history of 1MDB and the characters that made it.
Get the latest Goldman Sachs stock price here.