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Beverly Hills Mansion Built With Stolen 1MDB Cash Sells

Jho Low, Riza Aziz and Mohamed Hadid with the Trousdale Estates mansion (Photos via Getty, Redfin) A Trousdale Estates mansion in Beverly Hills that was built in part with money stolen in the 1MDB scandal just sold for $27.4 million. In the latest sale, Steven Gilfenbain bought the 13,000-square-foot mansion at 912 North Hillcrest Road, according to the Los Angeles Times. He is founder of the grape distribution company Stevco Inc. The home had hit the market last summer for $30 million. The story of the property starts in 2007, when spec mansion developer Mohamed Hadid bought the property for one of his spec projects. He built an Egyptian-themed home pyramid included and sold it to now-infamous fugitive Jho Low.

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