At the center of a multibillion-dollar international fraud are two former senior Goldman Sachs bankers and one Malaysian financier. In one of the finance world's biggest financial scandals, the three men stole and then laundered billions of dollars from Malaysia's development fund, 1MDB. US authorities have also charged the men with " paying bribes to various Malaysian and Abu Dhabi officials ." One of the American bankers has pleaded guilty; the other has been arrested. But the Malaysian financier remains at large. Prosecutors say that the charges against Goldman Sachs point to large scale institutional flaws and highlight the extent of international graft and bribery.