Dodgers and Lakers owner dragged into shocking $16B federal loan fraud investigation

2026-07-28 19:43 • ;Rebecca Borg
An employee who raised red flags over suspicious revenue booking is behind what sparked a massive federal investigation into billionaire sports mogul Mark Walter. US prosecutors are probing the owner of the Los Angeles Lakers and Dodgers, after receiving information billions of dollars in profits had allegedly ended up in his insurance companies’ accounts. It’s...
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