Red Granite Pictures Denies Wrongdoing in 'Wolf of Wall Street' Billion-Dollar Civil Suit
The future proceeds for The Wolf of Wall Street may be going to the government.
The Department of Justice moved to seize about $1 billion in assets from Red Granite Pictures, a production company, in a civil suit accusing them of using $100 million dollars from the Malaysian state development fund 1MDB to finance the film, according to Reuters.
“To Red Granite’s knowledge, none of the funding it received four years ago was in any way illegitimate and there is nothing in today’s civil lawsuit claiming that Red Granite knew otherwise,” the company said in a statement (via Deadline). “Red Granite continues to cooperate fully with all inquiries and is confident that when the facts come out, it will be clear that Riza Aziz and Red Granite did nothing wrong. Red Granite does not expect the lawsuit – which is limited to future proceeds generated by a single film, and which was not filed against Red Granite or any of its employees – to impact its day to day operations, and the company continues to move forward with exciting new projects.”
In case you didn’t know, The Wolf of Wall Street, which starred Leonardo DiCaprio and was directed by Martin Scorcese, made a whopping $400 million at the global box office, earned five Oscar nominations, and won Leo a Golden Globe for Best Actor.