'Wolf of Wall Street' makers deny using embezzled $100m to finance movie

The makers of the 'Wolf of Wall Street' have denied using 100 million dollars of embezzled money to finance their critically acclaimed film.

A representative for Red Granite told the Hollywood Reporter in a statement that the false, malicious and baseless allegations put forward by Brad Krevoy and Steve Stabler, producers of the 1994 hit 'Dumb and Dumber' were untrue, and Red Granite looked forward to the prompt dismissal of these claims.

The rep said that they have no facts to back up their accusations Messrs. Krevoy and Stabler resorted to rank speculation and innuendo, and that there was simply nothing to these naked allegations.

Krevoy and Stabler had earlier sued Red Granite and its principals, Riza Aziz and Joey McFarland, for being excluded from a sequel, the original lawsuit was later amended to include a claim that their adversaries committed racketeering.