Schwarzenegger, say, accepting lead of famous baddie (10)

I believe the answer is:

malefactor

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'lead of famous baddie' is the definition.
The answer and definition can be both people as well as being singular nouns.
Perhaps you can see a link between them that I can't see?

I don't understand how the remainder of the clue works.

Can you help me to learn more?

(Other definitions for malefactor that I've seen before include "Criminal, evil-doer" , "Sinner" , "culprit?" , "Wrongdoer" , "One doing wrong" .)

I've seen this clue in The Telegraph.

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