FBI Seizes Walter’s Devices Amid $16B Loan Probe | Los Angeles Lakers News

Federal agents seized Mark Walter’s phone and laptop in a September raid tied to a sweeping probe into his $16 billion in insurance loans — a move that’s now coming to light as he just bought the Lakers for a record sum. The FBI’s action, executed on a private plane in Chicago, signals a major escalation in the investigation led by Manhattan prosecutors, with securities regulators also scrutinizing Walter’s firms. Though no charges have been filed, the seizure of his personal devices and the expanded scope reveal a deeper financial inquiry than previously known. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f6d81b1068d21b89