Mark Walter’s Company Says There’s No Fraud, No Victim, and No Fire Sale
TWG Global insists the Dodgers are not up for grabs.
Mark Walter's TWG Global has denied allegations of fraud and rejected claims that the company's exit was part of a "fire sale" amid federal investigations. The statement asserts that there is no victim and that no one has been harmed, and TWG is committed to working with both the DOJ and SEC to resolve their inquiries. The company also denies that the Los Angeles Dodgers are for sale, despite claims that the team may have been improperly acquired or funded.
TWG further states that they are not looking to sell their sports assets at "fire sale" prices to raise capital for their insurance operations.
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