US Authorities Investigate Mark Walter's Insurance Empire
Federal prosecutors in the US are investigating insurance companies owned by billionaire Mark Walter, focusing on potential issues with asset disclosures. The probe targets Walter's extensive insurance empire, including Guggenheim.
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US authorities probe Mark Walter’s insurance empire
Regulators and prosecutors are investigating the insurance-private capital nexus
Read full article →Federal Prosecutors Probe Guggenheim, Billionaire Dem Donor Walter's Insurers
Federal Prosecutors Probe Guggenheim, Billionaire Dem Donor Walter's Insurers Federal investigators are taking a closer look at billionaire Mark Walter's financial empire, with criminal and regulatory inquiries now spanning Guggenheim Partners and two life insurance companies under his control, according to Bloomberg. The investigation, which began last year, initially focused on Guggenheim's $362 billion asset management business before expanding to Delaware Life Insurance Co. ...
By Tyler Durden
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