Wall Street 'Shark' Caught in Billion-Dollar Scandal: Hidden Loans and a Mansion Tied to Argentina
The U.S. Department of Justice and the SEC are investigating Mark Walter, owner of the Los Angeles Dodgers and Cadillac F1, over unreported loans totaling up to $20 billion between his insurance companies and affiliated firms. Argentine entrepreneurs Juan Ball and Federico Hermida appear in the web, while Walter sells the Lakers for a record $12.5 billion.