Malaysian Financer Jho Low Allegedly Stole Millions From the Poor to Give to US Celebrity Charities
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Nhu Te
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Malaysian Financer Jho Low is caught smack in the middle of a corruption scandal, because he allegedly stole $6 billion from 1MDB, a Malaysian state fund that was created to help the poor. While the majority of the money was used to buy personal luxuries—properties, a yacht, art and jewelry—at least $200 million was given to charities supported by American celebrities who “he swooned over,” according to the NY Post.
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Nhu Te
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Nhu Te is senior content manager at Fundraise Up, the AI-powered online donation platform for enterprise nonprofits. In her work, she focuses on helping nonprofits create more impact through personalized donor relations, digital fundraising and thoughtful use of technology.
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