‘Millions in Mickelson funds laundered’

About $US2.75 million ($A3.61 million) transferred from five-time major golf champion Phil Mickelson to an intermediary was laundered in an illegal sports betting operation, ESPN has reported, noting Mickelson has not been charged.

The 45-year-old American, who earlier this month missed his second chance at completing a career grand slam by failing to win at the US Open, is not under investigation, according to the sports television network’s website report on Monday.

Gregory Silveira, who has pleaded guilty to three counts of laundering funds from an unnamed client in March of 2010, faces an October 5 sentencing hearing in US District Court. He could receive up to 60 years in prison, though a much lighter sentence is likely.

Citing two unnamed sources and court documents, ESPN reported that Mickelson is the unnamed gambling client of Silveira, who accepted a wire transfer of $US2.75 million and admitted moving the funds into other accounts for the purpose of illegal gambling.

The report said that a plea agreement signed last month by Silveira contained a reference to “laundering of funds from PM” but that agreement was stricken and replaced the next day with an amended version lacking any “PM” notation.

Last year, Mickelson’s name was part of an insider trading probe that involved famed investor Carl Ichan and sports gambler Billy Walters.

Mickelson was cleared in the only known investigation in the matter involving insider trading.

Mickelson won the 2004, 2006 and 2010 Masters, the 2005 PGA Championship and the 2013 British Open and is a record six-time runner-up at the US Open, most recently in 2013.

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