Three weeks after he was named a relief defendant in a SEC lawsuit against well-known gambler Billy Walters, Phil Mickelson is once again in the news for reasons other than golf.
Another gambler, Gregory Silveira, was sentenced Monday to a year in jail after pleading guilty last year to three counts of money laundering on behalf of an unnamed client.
Reporting on the case last year, ESPN's Outside the Lines alleged that Mickelson wired Silveira $3 million, who acted as part of "an illegal gambling operation which accepted and placed bets on sporting events."
Although Mickelson was not specifically named in court documents, OTL reported that Silveira's intial plea agreement made reference to the "money laundering of funds from P.M." That reference was later stricken and replaced with an amended version of the plea agreement which did not mention any "P.M."
Mickelson was not charged in either of the two cases mentioned, although he has agreed to repay a total $1,037,029.81, the profit (plus interest) he made off a stock tip from Walters concerning shares of Dean Foods.