Jho Low of 1MDB fiasco likely to face criminal charges

The US is said to be preparing the charges, including wire fraud.

Bloomberg cited a Wall Street Journal report saying US authorities are planning to file criminal charges against Malaysian financier Jho Low in a money laundering investigation surrounding 1Malaysia Development Bhd.

"The charges would also include wire fraud against Low and some of his associates, the paper said, citing people it didn’t identify. The report said the prosecution’s plans could change or be dropped as the probe continues and there was no timing provided on when the charges could be filed," said Bloomberg.

Last year Singapore police identified Low as a "key person of interest" in its money laundering probe.

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