Miranda's Secret Billionaire Boyfriend Bust!

The Aussie Model has found herself caught up in an International financial scandal.

- Sara Bordon

They say that diamonds are a girl’s best friend, but in Australian beauty Miranda Kerr’s case, they appear to have landed her in very hot water! The supermodel has been drawn into a worldwide financial scandal, after reportedly being gifted more than $12 million worth of diamonds and other jewellery by Malaysian-Chinese businessman Jho Low.

Investigators from the US Department of Justice have accused the hard-partying financier – and Miranda’s reported boyfriend of a year in 2014 – of being the mastermind behind the alleged embezzling of billions of dollars from Malaysian sovereign wealth fund 1Malaysia Development Bhd, known as 1MDB. The Department of Justice says the complex money laundering scheme was intended to enrich top-level officials of the fund, including some who are close to Malaysian Prime Minister Najib Razak. Jho has denied any involvement with 1MDB after its inception.