Fall of a Malaysian Dynasty Puts Target on Alleged 1MDB Mastermind

Financier Jho Low, accused of helping divert $4.5 billion, had been blithely partying and yachting around Asia; the prime minister’s defeat makes him a wanted man

KUALA LUMPUR, Malaysia—The alleged mastermind behind one of this decade’s greatest global financial scandals was seen earlier this month relaxing on the Thai resort island of Phuket.

A few weeks later, after his political mentor was felled in upset elections, authorities want to know more precisely: Where on earth is Jho Low?

For almost a...