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Leo was forced to hand back Marlon Brandos Oscar (Picture: Getty)

Leonardo DiCaprios luck with the Oscars continues to be not great, as three decades after waiting for his own statue he has been forced to return an Academy Award he was gifted.

The 44-year-old, who won his own award in 2016 for The Revenant after five previous nominations, four of which were for acting, was ordered to return the little gold man that was awarded to Marlon Brando in 1954 for On The Waterfront because it is part of an ongoing court case regarding investment fraud.

Malaysian financier Jho Low, who financed The Wolf Of Wall Street, gave Leonardo the award after originally buying it at an auction for $600,000 but Low is now accused of committing billions of dollars of fraud.

Leonardo DiCaprio with Jho Low (right) in 2013 (Picture: Getty)

According to the New York Times, prosecutors say Low used money he siphoned from a Malaysian government investment fund to pay for his extravagant spending spree.



As well as the Oscar, he also gifted Leonardo an original Pablo Picasso painting which will also need to be returned; Low also purchased a see-through grand piano which currently lives in Miranda Kerrs home because it wont fit through the doors, a Monet and van Gogh, a $250 million super yacht with a cinema and helicopter pad, and a $35 million Bombardier jet.

Mirandas lawyer has told press she is happy to return the piano however Mr Tol, who designed the piano, has revealed that the extraction may be particularly costly because Miranda had walls built to surround the piano after he discovered it would be left on an outdoor deck.

This was hurting my soul very much, he told the newspaper, I strongly advised them to close that area.

It is thought that after the investigation ends the statue will be given back to the Academy of Motion Picture Arts and Sciences, who retain the rights to buy any Oscar for $1.

Lows yacht was named Equanimity (Picture: Getty Images)

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Low, 37, is thought to now be a fugitive, hiding in China.

The case is being led by the United States, who claim that the fund at the centre of the investigation raised billions of dollars from banks and borrowed from investors, ostensibly to finance projects like a joint venture with a Saudi oil company and the purchase of power plants all with the idea of benefiting the Malaysian public.

However prosecutors allege that it was in fact a massive, brazen and blatant money-laundering scheme, which diverted money into the account of Malaysian senior officials including the countrys former prime minister Najib Razak – who was ousted from office when the scandal broke – his family and Mr. Low.



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It has been claimed tens of millions of dollars went towards financing The Wolf of Wall Street and the Mark Wahlberg film Daddys Home, both of which were part-financed through production studio Red Granite Pictures, co-founded by Riza Aziz, Mr. Najibs stepson.

Red Granite and Aziz settled with the government for $60 million; the settlement does not constitute an admission of wrongdoing or liability on the part of Red Granite, the California court filing said.

Under the settlement, Aziz will only draw a limited salary to cover his health insurance until the full settlement amount is paid.

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