Mickelson, however, denies Trump’s claim for support. On Thursday, ESPN’s attorney Bob Harig announced that Mickelson “had nothing to do with” and had not written or called anyone on Walter’s behalf.
“The press release referring to Phil Mickelson is wrong,” Glenn Cohen, Mickelson’s attorney, told Harig. “The reason we’re upset is because it’s not true.”
There’s a bit of a backstory to unpack here. When Walters and former Dean Foods chairman Thomas Davis were charged with insider trading in 2016, prosecutors alleged that Walters used misunderstood information about the company’s finances to enrich Mickelson, a long-time friend who Walters paid for Sports owed losses to beds. Prosecutors said Mickelson bought shares in Dean Foods the day after Walters told him the company was planning to outsource one of its subsidiaries, and about a week later, Dean Foods’ share price rose 40 percent, according to the complaint.
The prosecution did not accuse Mickelson of any crime, nor did they accuse him of any. However, they named him a “defendant of relief,” which meant that the Securities and Exchange Commission wanted him to repay his $ 931,000 profit from stock trading, which he did, and said he was “disappointed with one.” Being part of this whole thing. ” ”
Prior to Walters’ 2017 conviction, more than 100 of his friends submitted letters of support to U.S. District Judge P. Kevin Castel, including tennis legend Andre Agassi, former Senate Majority Leader Harry M. Reid, and professional golfers like Jacobsen and Jim Colbert. The Las Vegas Review-Journal reported at the time. Castel was undeterred and sentenced Walters to five years in prison. (Walters was released from minimum security prison in May to serve the remainder of his coronavirus pandemic detention at home.)
According to Trump’s announcement, Walters has paid back more than $ 44 million in fines, forfeitures and refunds.