U.S. Attorney in Manhattan, Preet Bharara explains some details of an alleged insider trading scheme during a news conference in New York, Thursday, May 19, 2016. Professional golfer Phil Mickelson has agreed to forfeit nearly $1 million that the Securities and Exchange Commission said was unfairly earned on a tip from an insider trading scheme conducted by a former corporate director and a professional gambler. Federal prosecutors announced criminal charges against a gambler named William Walters and the former director of Dean Foods, Thomas Davis, alleging that the pair used inside information about the company to make millions of dollars in illicit stock trades between 2008 and 2012. (AP Photo/Seth Wenig)
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