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Phil Mickelson involved in Money Laundering?

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Breaking News

 

Nearly $3 million transferred from golfer Phil Mickelson to an intermediary was part of 'an illegal gambling operation'

 

RIVERSIDE, Calif. -- Nearly $3 million transferred from golfer Phil Mickelson to an intermediary was part of "an illegal gambling operation which accepted and placed bets on sporting events," according to two sources and court documents obtained by Outside the Lines.

 

Mickelson, a five-time major winner and one of the PGA Tour's wealthiest and most popular players, has not been charged with a crime and is not under federal investigation. But a 56-year-old former sports gambling handicapper, acting as a conduit for an offshore gambling operation, pleaded guilty last week to laundering approximately $2.75 million of money that two sources told Outside the Lines belonged to Mickelson.

Breaking News

 

Nearly $3 million transferred from golfer Phil Mickelson to an intermediary was part of 'an illegal gambling operation'

 

RIVERSIDE, Calif. -- Nearly $3 million transferred from golfer Phil Mickelson to an intermediary was part of "an illegal gambling operation which accepted and placed bets on sporting events," according to two sources and court documents obtained by Outside the Lines.

 

Mickelson, a five-time major winner and one of the PGA Tour's wealthiest and most popular players, has not been charged with a crime and is not under federal investigation. But a 56-year-old former sports gambling handicapper, acting as a conduit for an offshore gambling operation, pleaded guilty last week to laundering approximately $2.75 million of money that two sources told Outside the Lines belonged to Mickelson.

 

Uh-oh, am I seeing smoke?

Why wouldn't he just bet on sports legally? I'm confused.

  • Author
Why wouldn't he just bet on sports legally? I'm confused.

 

Because he's a special kind of stupid?

Gambling addiction can make people (even rich, successful people) do really strange things...see Pete Rose.

 

Phil has long been known to be a big gambler. He once famously won a quarter mil on the Super Bowl with the Ravens. About 10-15 years when he switched club manufacturers, it was rumored that the only reason he changed was that he needed the big check from the new manufacturer to pay off gambling debts. He is also known to be in big money games during the Mon-Wed practice rounds at tour events. I like Phil but nothing would surprise me when it comes to gambling with him...

Because he's a special kind of stupid?

 

 

Saw Lester Munson (one of ESPN's "legal experts") talking about this on OTL, Said this guy was pretty much a bonehead; most people involved in this ind of thing know how to cover their tracks.

  • Author

IRS is looking into this also...this may not go well for Phil

Why wouldn't he just bet on sports legally? I'm confused.

 

Because the only way to legally bet on sports in the US is to be inside of a casino in Las Vegas.

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