Phil Mickelson has been in the news more for potential illegal financial activity than he has for winning golf tournaments over the last two years. First, Lefty was tied up in a potential insider trading extravaganza.
Now, a sports gambling ring and money laundering story. ESPN is reporting that almost $3 million of Mickelson's cash was transferred to someone who could get 60 years in prison for money laundering and illegal sports betting. Here's the crux of the matter from ESPN:
Nearly $3 million transferred from golfer Phil Mickelson to an intermediary was part of "an illegal gambling operation which accepted and placed bets on sporting events," according to two sources and court documents obtained by Outside the Lines.
Mickelson, a five-time major winner and one of the PGA Tour's wealthiest and most popular players, has not been charged with a crime and is not under federal investigation.
New research by two prominent U.S. academics suggests that Google Inc. is harming Internet users and violating competition laws by skewing search results to favor its own services, a potentially significant twist in Europe’s long-running antitrust investigation of the U.S. search giant.
The research combines statistical testing with detailed legal and economic analysis to examine the ramifications of Google’s practice of promoting its own specialized search services, such as for local restaurants or doctors, at the expense of rivals like Yelp and TripAdvisor.
It was sponsored by Yelp, which has filed a complaint with EU antitrust authorities over Google’s search practices. It was presented to EU regulators on Friday. - Referenced Article
Williams prefers to downplay her chances of becoming the first tennis player in more than a quarter-century to win all four major tournaments — Australian Open, French Open, Wimbledon, U.S. Open — in the same season.
"I haven't done well at Wimbledon recently, so that's the only one that's kind of eluding me," Williams said, managing to keep a straight face and perhaps hoping to convince herself as much as anyone who might be listening. "So I'm trying to get to that one, at least make it deep in the second week of that tournament." - Referenced Article
Detroit is jumping into Silicon Valley's "sharing economy." Ford is launching a pilot program to allow owners who've financed through Ford credit to rent their cars short-term. Fourteen-thousand American drivers in six cities will be eligible, as well as 12,000 Ford owners in London. CBS News financial contributor Mellody Hobson joins "CBS This Morning" from Chicago to discuss the car-sharing trend.
Michael Jackson died June 25, 2009, but for many of his fans, it feels like yesterday. From the radio to the Internet, the King of Pop is being remembered today for his legacy of music and superstardom.
A cappella group Pentatonix performed a mashup of 25 MJ songs in an "Evolution of Michael Jackson" video that has gotten more than 3 million views. - Referenced Article
Finding Your Roots, similar to the BBC's Who Do You Think You Are?, researches celebrity family histories.
A review into an episode, which aired in October, concluded Affleck lobbied producers about ditching details about his slave-owning ancestors. PBS said it plans to hire a fact-checker and an independent genealogist. - Referenced Article
How often have you fired off an email and then immediately thought, "I maybe shouldn't have sent that"? Whether it's a typoed name, a sentence worded less-than-perfectly or simply something that your lawyer would have urged you not to put in writing, there are certain mistakes you probably don't want your intended recipients seeing.
On Monday, Google's email service debuted an attempt at a solution to these problems: the Undo Send feature. - Referenced Article
This follows similar movies by major retailers WalMart , Sears, eBay and Amazon, which all said they're going to stop selling the Confederate flag. Vanden Bosch told CNNMoney earlier this week that the flag making industry doesn't like to get involved in the politics of various flags.
"Generally speaking, as an industry, the stance has been we are not making patriotic statements or unpatriotic statements," said Vanden Bosch, who is also president of Flag Manufacturers Association of America. - Referenced Article
For about a month now, NFL commissioner Roger Goodell has "looked forward to hearing directly" from Tom Brady. It was a point he made at the May 20 NFL owner meetings, and it was a point he reiterated in his June 2 letter to the NFLPA.
"I very much look forward to hearing from Mr. Brady and to considering any new information or evidence that he may bring to my attention," Goodell wrote.
"My mind is open; there has been no 'prejudgment' and no bias that warrants recusal." - Referenced Article