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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. and Clear Spring Life and Annuity Co., according to people familiar with the matter. Bloomberg writes that both insurers revealed in recent regulatory filings that they were served...
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Jul 8, 2026 / Tyler Durden
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