The latest Phil Mickelson allegation is an absolute corker!

Another bombshell Phil Mickelson allegation has emerged from his former gambling associate Billy Walters. 

The latest extract from Walters' book centres on claims Mickelson was involved in a previously unknown money-laundering investigation. 

In the latest teaser from Gambler: Secrets from a Life at Risk, Walters claims Mickelson had a stockbroker named Gregory Silveira transfer millions of dollars from his personal bank account to an offshore one to pay off gambling losses. 

Silveira said yes, the book alleges, and the transfer caught the attention of the IRS. 

Related: Mickelson claims up to five LIV players should be at Ryder Cup

That's where one of his friends at KPMG - Mickelson's now-former sponsor - introduced him to a talented attorney named Gregory Craig. 

This is where it gets interesting and Walters claims Craig helped Mickelson escape a world of legal trouble. 

"He performed a legal trick so improbable that it was like Harry Houdini pulling a rabbit out of a hat while in chains underwater," Walters wrote. 

The latest extract, first published on The Firepit Collective, reads:

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The latest claims come a week after it was revealed Mickelson had wagered up to $1bn over three decades, with losses totalling upwards of $100m. 

There was an allegation that Mickelson also wanted to bet $400,000 on the United States winning the 2012 Ryder Cup. 

Mickelson denied later issued a statement, denying he bet on the Ryder Cup. 

"I never bet on the Ryder Cup," he wrote.  "While it is well known that I always enjoy a friendly wager on the course, I would never undermine the integrity of the game."

His statement added: 

For context it's important to remember that Walters is a convicted felon. A jury found him guilty of fraud, conspiracy and wire fraud in 2017. 

He served five years in prison. 

Prosecutors said Walters made $43m from trades of Dean Foods by realising profits and avoiding losses thanks to information he obtained from the company's chairman Tom Davis. 

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