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flag Former Goldman Sachs banker sentenced to two years for stealing from Malaysia's 1MDB fund.

flag Former Goldman Sachs banker Tim Leissner was sentenced to two years in federal prison for his role in stealing over $4.5 billion from Malaysia's 1MDB investment fund. flag Leissner, who helped raise $6.5 billion through bond sales, admitted to bribing officials and laundering the stolen money into luxury purchases and a Hollywood film. flag His actions contributed to the downfall of Malaysia's former Prime Minister Najib Razak. flag Leissner will also forfeit $43.7 million and serve two years of supervised release after his prison term.

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