#Tim leissner bail trial#

(According to court documents, between 2012 and October 2014, more than $200 million is alleged to have been transferred from 1MDB to accounts owned and controlled by Leissner and a co-conspirator.) But Ng’s attorney Marc Agnifilo is still dragging him through the mud. The German-born Leissner has already worked out a plea deal - pleading guilty to charges of money laundering and forfeiting $43.7 million. Goldman Sachs bankers are alleged to have helped themselves to tens of millions of dollars from Malaysia’s sovereign development fund 1MDB, which had raised $8 billion to be invested on behalf of Malaysia’s citizenry.

Tim Leissner met Kimora Lee Simmons on a flight – and proposed to her once they landed. Roger Ng is charged with conspiring to launder money and violate the federal Foreign Corrupt Practices Act as part of a purported $4.5 billion heist against the sovereign fund of Malaysia, allegedly spearheaded by notorious party boy - and friend of Leonardo DiCaprio - Jho Low (now on the lam in China).

#Tim leissner bail trial#

Last week, Leissner, 51, was roasted at federal court in Brooklyn - in the hot seat as government’s witness in the trial of his former underling. “He wanted to be a player instead of the guy who just deals with players.” Ex-Goldman Sachs exec Tim Leissner, the estranged husband of model and Baby Phat designer Kimora Lee Simmons, pleaded guilty to his role in a purported $4.5B heist against the sovereign fund of Malaysia. He had to be a rich guy with his own yacht,” Bradley Hope, co-author of “ Billion Dollar Whale: The Man Who Fooled Walled Street, Hollywood and the World,” told The Post. “He married Kimora and needed to present a richer personality. As the Southeast Asia chairman at Goldman Sachs, he reportedly was making more than $10 million a year by 2012, spending lavishly, and known as a hard-partierīut hooking up with Kimora Lee Simmons - the glamorous model, Baby Phat designer and ex-wife of Def Jam Records co-founder Russell Simmons - that same year pushed him to live a more luxe life. Tim Leissner was never exactly the shy, retiring type. Tinder match robs woman of over $100K in ‘pig butchering’ scam NYC man charged with recruiting younger brothers for robbery ring in ‘Oliver Twist’-like scam Pizzeria defends charging $16 to slice birthday cake: ‘It’s a service’ Model scammed $150M from her own mom - then she plunged off a building