Swizz Beatz Remains Defendant in 1MDB Bankruptcy Case
Music producer Kasseem 'Swizz Beatz' Dean will remain a defendant in his case related to the 1MDB scandal. A federal judge ruled against his motion to dismiss, paving the way for the discovery phase. The plaintiffs, Angela Barkhouse and Toni Shukla, allege fraudulent conveyance and unjust enrichment totalling $7.3 million.
Dean received funds from Low Taek Jho, the alleged mastermind behind the 1MDB fraud. The US Marshals auctioned artworks connected to the scandal in 2024, netting $36 million. Dean's companies, Monza Studios and Swizz Beatz Productions, also received funds through alleged fraudulent transactions between 2012 and 2017. The 1MDB scandal, which began in Malaysia, has ensnared several high-profile individuals, including Jho Low, Tim Leissner, Roger Ng, Najib Razak, Riza Aziz, Khairuddin Abu Hassan, and Xavier Andre Justo, each playing different roles in the corruption case.
The 1MDB scandal has had international repercussions, with multiple individuals facing legal consequences. As Dean's case proceeds, the discovery phase will aim to uncover further details about the alleged fraudulent transactions.
