@Sea Slob @hoochieking http://espn.go.com/golf/story/_/id/...ged-sec-allegedly-profiting-insider-stock-tip SEC: Phil Mickelson made almost $1M on insider trade, not criminally charge The Securities and Exchange Commission on Thursday alleged golfer Phil Mickelson made $931,000 after purchasing stock on an insider trading tip from sports gambler Billy Walters and then used some of the money to pay back Walters, to whom he allegedly owed money. The SEC is seeking to recoup alleged Ill-gotten gains from Mickelson, who was not criminally charged. Mickelson's attorney said Thursday in a statement that the golfer has entered into an agreement with the SEC and will return all money from the trade in question. In its case, the SEC said Mickelson spoke with Walters, with whom he had placed bets, in 2012 about an upcoming spinoff of dairy company Dean Foods. Based on a tip Walters had received, the SEC alleged, Walters told Mickelson to buy the stock. Months after buying 240,000 shares, according to a companion criminal case, Mickelson then repaid Walters using the Dean Foods money, the SEC alleged. Walters was charged with insider trading and was arrested late Wednesday in Las Vegas. He will appear in court there Thursday, and is then scheduled to make an appearance before the United States District Court for the Southern District of New York on June 1.