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Mark Walter’s TWG Global denies fraud amid federal probe
The company’s remarks come after Walter said he would sell his majority stake in the Los Angeles Lakers.
CNBC Markets reports that Mark Walter’s TWG Global is pushing back against allegations and media scrutiny tied to a federal probe.
According to the outlet, Walter, a billionaire Los Angeles Dodgers owner, has denied fraud as the company faces criticism surrounding his plan to sell his majority share of the LA Lakers.
CNBC World similarly notes that the latest attention follows Walter’s earlier comments about exiting the Lakers majority ownership position.
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