The worst may not be behind Phil Mickelson.
After Mickelson’s dance with the Saudi Golf League sparked controversy, excerpts from Alan Shipnuck’s unauthorized biography ‘Phil’ revealed the golfer lost over $40 million gambling between 2010 and 2014 .
But people close to Mickelson reportedly told ESPN he was more concerned about a book coming out next year – the memoir of player Billy Walters, co-authored by Armen Keteyian.
Walters blamed Mickelson for his five-year prison sentence, which he began serving in 2017 after he was found guilty of 10 counts of conspiracy, securities fraud and wire fraud relating to obtaining a insider information about Dean Foods stock over a seven-year period that resulted in $44 million in gains.
The story goes that Mickelson owed Walters $2 million, so in 2012 Walters allegedly told Mickelson to tip Dean Foods. Mickelson won $931,000 and gave it to Walters.
Walters denied that was the case, but, at trial, Mickelson pleaded fifth.
Mickelson was named by the FBI on a non-criminal complaint and was forced to return the money plus interest. Walters was forced to repay $44 million and go to jail.
On his way to prison in 2017, he shot Mickelson at ESPN.
“Here’s a guy who all he had to do was show up and tell the truth?” Walters said then. “That was all he had to do. The guy wouldn’t do that because he was image conscious. He was concerned about his endorsements.
“My God, in the meantime, a man’s life hangs in the balance,” Walters said. He will go to jail. And you have prosecutors there for the whole trial, the whole month – all they’ve talked about over and over is that I’m giving inside information to my friends. That’s all they talked about. And they knew these jurors were all on the internet reading this stuff about Phil (profiting from buying Dean Foods stock).
Walters was sent home in May 2020 due to COVID-related issues. He won clemency from incumbent President Donald Trump a year later.
The White House, in the pardon statement, said Walters’ release was supported by a letter from Phil Mickelson, but Mickelson’s lawyers later told the press that he did not in fact write a letter. Support.
Mickelson did not play at the 2022 Masters and withdrew from this week’s PGA Championship despite falling behind the defending champion.
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