Mark Walter, a wealthy American businessman and the main owner of the Los Angeles Dodgers, is mired in financial regulation turmoil. Walt recently sold the Los Angeles Lakers, who had just taken control last year, at a valuation of about $12.5 billion, drawing attention from the outside world about its financial situation. According to a recent report in the Wall Street Journal, the US Federal Prosecution Service and the US Securities and Exchange Commission are investigating whether Walt and his subsidiaries carried out financial “fraud” by concealing financial relationships between companies and lent billions of dollars to insurance companies he controls.

Mark Walter, a wealthy American businessman and the main owner of the Los Angeles Dodgers, is mired in financial regulation turmoil. Walt recently sold the Los Angeles Lakers, who had just taken control last year, at a valuation of about $12.5 billion, drawing attention from the outside world about its financial situation. According to a recent report in the Wall Street Journal, the US Federal Prosecution Service and the US Securities and Exchange Commission are investigating whether Walt and his subsidiaries carried out financial “fraud” by concealing financial relationships between companies and lent billions of dollars to insurance companies he controls.