$20B in undisclosed loans funneled through shell entities to a single individual. This isn't noise—it's structural fraud risk.

If this escalates, forced asset liquidation becomes probable. The Dodgers franchise (~$5B+ valuation) could hit the block as collateral damage.

Watch for:
• SEC/DOJ enforcement timelines
• Creditor actions and margin calls
• Fire sale pricing on trophy assets

Distressed asset buyers should be circling. Sports franchises rarely trade under duress—opportunity cost here is real if you have dry powder and can move fast.