Riza Aziz Settles Forfeiture Cases Against 1MDB-Linked Assets

“Wolf of Wall Street” producer Riza Aziz is dropping his claims to U.S. and U.K. real estate worth tens of millions of dollars that was allegedly bought with money stolen from 1Malaysia Development Bhd, or 1MDB.

Riza, a stepson of former Malaysian Prime Minister Najib Razak, didn’t admit any wrongdoing as part of the agreement with the U.S. Justice Department, according to proposed consent judgments filed Wednesday in federal court in Los Angeles.

In addition to homes in Beverly Hills, London and New York, Riza is also relinquishing his claims to about $28 million held in an escrow ...