The FBI is investigating Pras as a vital member of a billion dollar embezzlement scheme.
The embezzlement is reportedly run by Jho Low, a storied Malaysian businessman, and not only includes Pras but also George Higginbotham. Pras was born née Prakazrel Michel and while he has not been charged for his role, he is currently the subject of investigation and that can change. Higginbotham, however, was with charged one count of a felony conspiracy to make false statements to a bank.
This isn’t the first accusation that has been placed against Jho Low. Earlier this year he was also accused of an embezzlement scheme that included $4.5 billion from the 1Malaysia Development Bhd fund. That same fund is stated to be involved in the scheme, which involves Pras.
“According to the allegations in the complaint, Michel and Higginbotham defrauded U.S. financial institutions and laundered millions of dollars into the United States as part of an effort to improperly influence the Department’s investigation into the massive embezzlement and bribery scheme involving 1MDB,” said Assistant Attorney General Benczkowski. “The Criminal Division and our law enforcement partners will do everything we can to trace, seize, and forfeit the proceeds of foreign corruption that flow through the U.S. financial system.”
