Mark Walter’s Insurers, Guggenheim Probed by Prosecutors
July 29, 2026 by Zachary R Mider and Ava Benny-Morrison
The billionaire Los Angeles Dodgers owner Mark Walter’s sprawling investment empire is facing scrutiny from US prosecutors, who have been investigating potential financial improprieties at two of his insurance companies and at Guggenheim Partners LLC, according to people with knowledge of the matter.
Walter’s Delaware Life Insurance Co. and Clear Spring Life and Annuity Co. received grand jury subpoenas in February, according to previously unreported regulatory filings. Prosecutors in Manhattan have asked about the companies’ failure to disclose that billions of dollars of their private credit holdings backed other parts of Walter’s business ventures, the companies said in the June 26 filings. The investigation is being conducted in parallel with the US Securities and Exchange Commission, the companies said.
Originally Posted at Bloomberg on July 20, 2026 by Zachary R Mider and Ava Benny-Morrison.
Categories: Industry Articles
