Business
Exclusive | Prosecutors Focus on Four Businesses Tied to Dodgers Owner Mark Walter
Federal prosecutors digging into Mark Walter’s business empire are focused on four entities that served as intermediaries between insurance companies he controlled that made loans to businesses that he also controlled, according to people familiar with the matter.
Prosecutors and the Securities and Exchange Commission are investigating whether Walter, the chief executive of Guggenheim Partners who owns the Los Angeles Dodgers and various other businesses, or his companies committed fraud by concealing financial connections while borrowing billions of dollars from insurers he controls.
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