Phil Mickelson cheated out of $500,000 by bookie

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  • mem5757
    SBR High Roller
    • 02-17-21
    • 122

    #1
    Phil Mickelson cheated out of $500,000 by bookie
    Court file reveals PGA star Phil Mickelson placed big bets with a mob-connected bookie from Detroit who allegedly cheated the golfer out of $500,000.


    even though he did nothing wrong, Phil did not appreciate the story being published and has threatened to never come back to the Rocket Mortgage in Detroit.
  • TheMetsSuck
    SBR Hall of Famer
    • 01-14-12
    • 6146

    #2
    Ancient history. Biggest clickbait piece of crap article that shmuck could come up with. I don’t blame Phil. Detroit’s a shiiit hole and being stiffed comes with the degen vs bookie relationship if you’ve been in the game long enough.
    Comment
    • funnyb25
      BARRELED IN @ SBR!
      • 07-09-09
      • 39663

      #3
      Trash city
      Comment
      • cincinnatikid513
        SBR Aristocracy
        • 11-23-17
        • 45360

        #4
        phil not happy
        Comment
        • MinnesotaFats
          SBR Posting Legend
          • 12-18-10
          • 14758

          #5
          Cinci you'd last 3 months w $500k

          Losing 80% of soccer bets and paying for pussy

          You should be happy your broke

          Always talking trash on the key

          I hear your nickname on the island is "no tip from the lip"
          Comment
          • cincinnatikid513
            SBR Aristocracy
            • 11-23-17
            • 45360

            #6
            settle down big guy
            Comment
            • Jayvegas420
              BARRELED IN @ SBR!
              • 03-09-11
              • 28213

              #7
              At least he didn’t rat the bookie out and send him to jail
              Comment
              • stevek173
                BARRELED IN @ SBR!
                • 03-29-08
                • 27598

                #8
                Sounds like Phil's pretty sharp with his bets, but not when choosing a book!
                Comment
                • jjgold
                  SBR Aristocracy
                  • 07-20-05
                  • 388179

                  #9
                  old story
                  infraction given
                  Comment
                  • stevek173
                    BARRELED IN @ SBR!
                    • 03-29-08
                    • 27598

                    #10
                    Comment
                    • SamsNCharge99
                      SBR Aristocracy
                      • 10-22-08
                      • 41242

                      #11
                      Originally posted by jjgold
                      old story
                      infraction given
                      does a file clerk have that much power?
                      Comment
                      • pavyracer
                        SBR Aristocracy
                        • 04-12-07
                        • 82840

                        #12
                        Detroit is the armpit of America. I wouldn't go play golf there if I was Pro.
                        Comment
                        • lonegambler23
                          SBR Hall of Famer
                          • 06-22-16
                          • 9760

                          #13
                          phil should be in jail
                          Comment
                          • pavyracer
                            SBR Aristocracy
                            • 04-12-07
                            • 82840

                            #14
                            Do you think Phil Mickelson reads SBR forum? Could you imagine if he is fading thomorino picks and makes thousands? Could the mob roughen up thomorino to quit posting fades? What would Phil's SBR handle be?
                            Comment
                            • RudyRuetigger
                              SBR Aristocracy
                              • 08-24-10
                              • 65084

                              #15
                              stupid story to publish


                              just cost Detroit millions in future revenue
                              Comment
                              • stevenash
                                Moderator
                                • 01-17-11
                                • 65684

                                #16
                                Originally posted by SamsNCharge99
                                does a file clerk have that much power?
                                Short answer.
                                No.
                                Comment
                                • Doug tushyterror
                                  SBR MVP
                                  • 07-03-12
                                  • 4172

                                  #17
                                  Originally posted by stevek173
                                  Sounds like Phil's pretty sharp with his bets, but not when choosing a book!
                                  1st time I was made aware of his gambling prowess Steve, when he had a 22-1 Ravens Future in 2000.
                                  Comment
                                  • stevek173
                                    BARRELED IN @ SBR!
                                    • 03-29-08
                                    • 27598

                                    #18


                                    Dayum!

                                    We need him posting here.
                                    Comment
                                    • 19th Hole
                                      SBR Posting Legend
                                      • 03-22-09
                                      • 18957

                                      #19
                                      Phil Mickelson is a disgusting lowdown weasel.
                                      He owed Billy Walters $2 Million.
                                      ~~~~~~~~~
                                      Gambling legend Billy Walters blames Phil Mickelson for his 5-year prison sentence

                                      ARTICLE FROM
                                      03/31/2018

                                      Golf News Net

                                      Billy Walters was a friend and golf buddy to Phil Mickelson.

                                      Billy Walters is in a minimum-security federal prison, serving a 5-year sentence for insider trading. Walters was sentenced in July 2017, and he reported to the Florida facility in October.


                                      He's laying low while he appeals the conviction in the U.S. Court of Appeals Second Circuit, but he spoke to ESPN before heading into prison about his case. In the conversation, Walters, 71, threw former golf buddy and friend Phil Mickelson under the bus and claimed the five-time major winner not testifying in open court on his behalf is a big reason why he was convicted.


                                      Mickelson owed Walters $2 million in gambling debts back in 2012, and so Walters shared an inside tip he had on Dean Foods to make some of the money quickly on the stock market. Mickelson made nearly $1 million on a big trade, and he paid the money directly to Walters. That came midway through Walters' run from 2008-15 of trading the stock on insider information, making in upwards of $43 million over the period.

                                      When Walters was arrested on charges of insider trading, Mickelson was identified in a Securities and Exchange Commission non-criminal complaint, compelling Mickelson to pay back the ill-gotten gains as a fine. Mickelson complied. Mickelson was never charged with a crime, but he did twice tell FBI investigators he had no knowledge of insider information in making the trades. Mickelson never made those claims in court, however, with his lawyers suggesting the golfer would claim Fifth Amendment rights against self-incrimination were he called to testify at Walters' trial.

                                      "Here is a guy that all he had to do was come forward and tell the truth," Walters said in the October interview. "That was all he had to do. The guy wouldn't do that because he was concerned about his image. He was concerned about his endorsements.


                                      "My God, in the meantime a man's life is on the line. He's going to go to prison. And you got prosecutors up there during the entire trial, the entire month -- all they talked about over and over was me giving my friends insider information. That is all they talked about. And they knew those jurors were all up on the internet reading that stuff about Phil [profiting from the Dean Foods stock purchase]."


                                      Mickelson was mentioned more than 120 times in the three-week trial. The text messages between Walters and Mickelson at the time were used to demonstrate the sharing of insider information to Mickelson from Walters, who had the info from Dean Foods chairman Thomas Davis, who was also convicted and sentenced to 2 years in a federal prison camp. Walters knew Dean Foods was about to announce both great quarterly results and a possible spin-off of the company which would send the stock soaring 40 percent.


                                      On July 30, 2012, Mickelson purchased 4,140 shares of Dean Foods in two separate accounts. A day later, Mickelson invested $2.4 million in an additional 196,100 shares. He sold them on Aug. 1 for $930,000 in profit.









                                      .
                                      Comment
                                      • jjgold
                                        SBR Aristocracy
                                        • 07-20-05
                                        • 388179

                                        #20
                                        Walters is out of jail Trump gave him a pardon


                                        Most locals stiff
                                        Comment
                                        • Brock Landers
                                          SBR Aristocracy
                                          • 06-30-08
                                          • 45359

                                          #21
                                          Originally posted by jjgold
                                          Walters is out of jail Trump gave him a pardon


                                          Most locals stiff
                                          LOL
                                          Comment
                                          • 19th Hole
                                            SBR Posting Legend
                                            • 03-22-09
                                            • 18957

                                            #22
                                            Originally posted by jjgold
                                            Walters is out of jail Trump gave him a pardon


                                            Most locals stiff
                                            ~~~
                                            Reading is fundamental.
                                            Comment
                                            • jjgold
                                              SBR Aristocracy
                                              • 07-20-05
                                              • 388179

                                              #23
                                              It’s a local stiffs you just be nice and keep playing there and wear a wire


                                              You win
                                              Comment
                                              • stevek173
                                                BARRELED IN @ SBR!
                                                • 03-29-08
                                                • 27598

                                                #24
                                                Coach are you going to wear a wire when I meet you at Sugarhouse and take you to Delilah's?

                                                If so I am NOT hanging out with you, NARC!
                                                Comment
                                                • big joe 1212
                                                  SBR Posting Legend
                                                  • 06-01-08
                                                  • 19380

                                                  #25
                                                  Local casino here would not give Phil a line of credit. They must know something
                                                  Comment
                                                  • 19th Hole
                                                    SBR Posting Legend
                                                    • 03-22-09
                                                    • 18957

                                                    #26
                                                    Originally posted by SamsNCharge99
                                                    does a file clerk have that much power?
                                                    Comment
                                                    • RudyRuetigger
                                                      SBR Aristocracy
                                                      • 08-24-10
                                                      • 65084

                                                      #27
                                                      Phil is a slimeball, no doubt about that


                                                      Ive stated my thoughts on him and Bones numerous times



                                                      But I can still agree with him on this story
                                                      Comment
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