Mark Walter's insurer Delaware Life sees two banks pause sale of its products amid probes

Walter's holding company earlier in the week said "there has been no fraud" at Delaware Life and its affiliated company, Clear Spring Life and Annuity.

The comments were made in a biting news release attacking the investigations and allegations of fraud.

The Securities and Exchange Commission and the U.S. Attorney's Office for the Southern District of New York are investigating TWG, more specifically founder and CEO Mark Walter.

Metta Sandiford-Artest said he tried to buy a 1% minority ownership stake in the Lakers under Mark Walter, but his bid was declined. Sandiford-Artest said he reached out to Walter after the businessman bought the Buss family’s majority stake in the Lakers for a $10 billion valuation in 2025. The City Council celebrates

The statement also tripled down on the assertion that the Dodgers themselves are not for sale.

Mark Walter continues to signal he has no intention to sell the Dodgers.

Walter is currently under investigation by the federal government for potential loan fraud

Mark Walter's TWG Global confirms investigations into fraud claims and states it is working with the DOJ and SEC "to resolve their inquiries."

TWG Global hits out at ‘multipronged attacks’ on investment empire, which has stakes in high-profile sports teams

Exclusive | Mark Walter Lieutenant Was Key to Dodgers Owner’s Complex Lending Machine  WSJ