Business

TWG Global Denies Fraud Amid Federal Probe

Updated 2026-08-26 12:55 UTC 1 source Negative

Billionaire Mark Walter's company, TWG Global, has denied any fraud amid a federal probe. The company was under scrutiny after Walter announced plans to sell his majority share of the LA Lakers.

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CNBC
The empire of billionaire Los Angeles Dodgers owner Mark Walter has faced media scrutiny since he said he would sell his majority share of the LA Lakers.
2026-08-26 12:48 UTC
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