Phil Mickelson cheated out of $500,000 by bookie
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mem5757SBR High Roller
- 02-17-21
- 122
#1Phil Mickelson cheated out of $500,000 by bookieTags: None -
TheMetsSuckSBR Hall of Famer
- 01-14-12
- 6146
#2Ancient 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 -
funnyb25BARRELED IN @ SBR!
- 07-09-09
- 39663
#3Trash cityComment -
cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
#4phil not happyComment -
MinnesotaFatsSBR Posting Legend
- 12-18-10
- 14758
#5Cinci 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 -
cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
#6settle down big guyComment -
Jayvegas420BARRELED IN @ SBR!
- 03-09-11
- 28213
#7At least he didn’t rat the bookie out and send him to jailComment -
stevek173BARRELED IN @ SBR!
- 03-29-08
- 27598
#8Sounds like Phil's pretty sharp with his bets, but not when choosing a book!Comment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#9old story
infraction givenComment -
stevek173BARRELED IN @ SBR!
- 03-29-08
- 27598
#10Comment -
pavyracerSBR Aristocracy
- 04-12-07
- 82840
#12Detroit is the armpit of America. I wouldn't go play golf there if I was Pro.Comment -
lonegambler23SBR Hall of Famer
- 06-22-16
- 9760
#13phil should be in jailComment -
pavyracerSBR Aristocracy
- 04-12-07
- 82840
#14Do 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 -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#15stupid story to publish
just cost Detroit millions in future revenueComment -
stevek173BARRELED IN @ SBR!
- 03-29-08
- 27598
#18
Dayum!
We need him posting here.Comment -
19th HoleSBR Posting Legend
- 03-22-09
- 18957
#19Phil Mickelson is a disgusting lowdown weasel.
He owed Billy Walters $2 Million.
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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.
.
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jjgoldSBR Aristocracy
- 07-20-05
- 388179
#20Walters is out of jail Trump gave him a pardon
Most locals stiffComment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#23It’s a local stiffs you just be nice and keep playing there and wear a wire
You winComment -
stevek173BARRELED IN @ SBR!
- 03-29-08
- 27598
#24Coach 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 1212SBR Posting Legend
- 06-01-08
- 19380
#25Local casino here would not give Phil a line of credit. They must know somethingComment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#27Phil 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 storyComment
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