Golfer Phil Mickelson lost more than $100 million on sporting events over the past three decades and attempted to place a bet on a Ryder Cup he was playing in, professional gambler Billy Walters claims in a book that will be published Aug. 23.
of 10 counts of fraud and conspiracy over an insider-trading case that involved Mickelson. Prosecutors argued that Walters earned $43 million on more than 100 trades over six years based on insider tips from Tom C. Davis, the former chairman of Dean Foods Co. who was cooperating with prosecutors after pleading guilty to perjury.of Dean Foods stock after receiving a tip from Walters.
Walters, who’s now 77, added that his forthcoming book also describes how Mickelson “finagled his way out of” another criminal case that resulted in a conviction, though the excerpt does not elaborate. Walters was released from a federal prison camp to home confinement because of the coronavirus pandemic in May 2020, and President Donald Trump commuted his sentence on his last day in office in 2021.
Mickelson, 53, left the PGA Tour for LIV Golf in 2022, reportedly receiving more than $100 million to do so. It’s estimated that he’s earned
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