Bucks Co-Owner Wes Edens Identified as Victim in Extortion Case ...
His spokesman confirmed he is the unnamed victim in an alleged sextortion scheme that prosecutors say sought more than $1 billion.
- On Sunday, The Wall Street Journal identified billionaire Wes Edens, co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks, as the unnamed victim in a federal extortion case against Changli 'Sophia' Luo.
- Following a 2023 sexual encounter, Luo launched a monthslong campaign of threats, demanding $1.215 billion and vowing to 'destroy' Edens by publicizing private photos and contacting his family and business partners.
- Court records reveal Edens previously agreed to settle for $6.5 million, while Luo pleaded not guilty, with her lawyers claiming she sought compensation for an 'inappropriate and aggressive' encounter.
- Luo remains free on a $500,000 recognizance bond as the case proceeds, and a spokesperson for Edens stated, 'Mr. Edens expects to testify under oath at the upcoming trial.'
- The trial is scheduled for later this year, coinciding with Sunday's news emergence as Edens' daughter, Mallory Edens, represented the Bucks at the 2026 NBA draft lottery.
16 Articles
16 Articles
Billionaire Bucks Owner Wes Edens Blackmailed Over Alleged Affair as Woman Demands Half His Fortune
A few months ago, Wes Edens issued a contract ultimatum to star Giannis Antetokounmpo, whose future remains uncertain. Since then, the Milwaukee Bucks co-owner has been the subject of many discussions about how the franchise has handled things with its long-time cornerstone. But what the hoops world did not know was that behind the scenes, the billionaire had been allegedly blackmailed after a short fling. This full-blown legal matter involved a…
Co-Owner of NBA Team Is 'Victim-1' in Sextortion Case
A billionaire basketball team owner's private life is about to get a very public airing in federal court. Wesley Edens, co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks, has been identified as the previously unnamed "Victim-1" in an alleged billion-dollar extortion scheme tied to a brief sexual...
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