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How Golfer Phil Mickelson Illegally Made Over a Million Dollars

John David Mercer-USA TODAY Sports

I feel like if someone that isn't famous like PGA golfer Phil Mickelson, they'd be in jail for what he did. 

According to ESPN, Mickelson made nearly $1 million via an insider trading tip from a sports gambler:

The Securities and Exchange Commission on Thursday alleged golfer Phil Mickelson made $931,000 after purchasing stock on an insider trading tip from sports gambler Billy Walters and then used some of the money to pay back Walters, to whom he allegedly owed money.

The SEC is seeking to recoup alleged Ill-gotten gains from Mickelson, who was not criminally charged. Mickelson’s attorney said Thursday in a statement that the golfer has entered into an agreement with the SEC and will return all money from the trade in question.

That's not all, though:

Mickelson is also tied to a federal money laundering case, sources told ESPN last year, in which a California man is accused of transferring almost $3 million as part of an illegal gambling operation. The nearly $3 million is alleged to be Mickelson’s money.

Crazy.

-- Josh Dhani

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