Las Vegas Gambler Linked To Insider Trading

By Luis Hernandez

Published June 3, 2014 at 12:35 PM PDT

Las Vegas developer and gambler Billy Walters is being linked to billionaire Carl Icahn and golfer Phil Mickelson in an insider trading investigation. Federal investigators are looking into whether Walter and Mickelson traded on information provided by Icahn. In question is stock in Clorox Company when Icahn was accumulating almost 10-percent stake in the company.

According to Reuters, Mickelson has professed his innocence and says he is cooperating with investigators. Walters also claims he's done nothing wrong.
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