Goldman Seeks Over $20 Million From Leissner After 1MDB Fraud

Goldman Sachs Group Inc. says its former star banker Tim Leissner collected more than $20 million in compensation while secretly carrying out one of the largest frauds in history involving Malaysia’s 1MDB fund. The investment bank wants it back, with interest.

While the Financial Industry Regulatory Authority and a US judge have sided with the bank, Leissner has said he’s broke. The investment bank has taken its push to recover the money from Leissner to Manhattan federal court — and is bringing his wife into the fight too.