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● LIVE Updated 1h ago · 11 sources tracked

Woman pleads guilty in $1.2 billion plot targeting Bucks co-owner and Fortress co-founder Wes Edens

A woman pleaded guilty to fraud after attempting to extort more than $1.2 billion from Wes Edens, a co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks. The defendant, identified as a former lover of Edens, threatened to release sex videos to secure the payment. Court documents indicate the scheme involved blackmail and fraud, with allegations that the woman also defrauded two other men.

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⚡ Key Developments & Real-Time Context
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  • ✓ A woman pleaded guilty to fraud in a plot to extort more than $1.2 billion from Wes Edens.
  • ✓ Wes Edens is a co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks.
  • ✓ The extortion attempt involved threats to release videos of the woman and Edens having sex.
🛡️ Source Corroboration: 11 independent reporting domains (95% confidence) ⏱ Read time: ~2 min

What changed

The defendant has formally pleaded guilty to fraud and blackmail charges.

Live updates

  1. Woman pleads guilty in $1.2 billion extortion plot against Wes Edens

    A woman pleaded guilty to fraud after attempting to extort more than $1.2 billion from Wes Edens, a co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks. The defendant, identified as a former lover of Edens, threatened to release sex videos to secure the payment. Court documents indicate the scheme involved blackmail and fraud, with allegations that the woman also defrauded two other men.

    Why it matters

    Wes Edens holds significant leadership roles in both professional sports and private equity. This case highlights a high-stakes attempt to leverage private recordings for a massive financial payout.

    What is confirmed

    • A woman pleaded guilty to fraud in a plot to extort more than $1.2 billion from Wes Edens.
    • Wes Edens is a co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks.
    • The extortion attempt involved threats to release videos of the woman and Edens having sex.

    Still unconfirmed

    • The defendant hid a phone in sanitary pads.
    • The defendant defrauded two other men.
    • The plot involved a LinkedIn message.

    What to watch next

    • Sentencing date for the defendant
    • Court rulings on restitution payments
    Sources used for this update (10)
    1. fortune.com — Hachette’s CEO says AI shortcuts are creating a ‘worse C-suite'
    2. Fortune — Woman pleads guilty in $1.2 billion plot targeting Bucks co-owner and Fortress co-founder Wes Edens
    3. WSJ — Woman Accused of Extorting Fortress Co-Founder Pleads Guilty to Fraud
    4. Bloomberg.com — Woman Admits Trying to Scam Wes Edens for $1.2 Billion
    5. The Business Journals — Woman pleads guilty to blackmailing Milwaukee Bucks co-owner Wes Edens
    6. Briefs Finance — Woman pleads guilty in bid to squeeze $1.2B from Fortress co-founder Wes Edens
    7. brobible.com — Woman Pleads Guilty To Blackmailing Bucks Owner Wes Edens
    8. www.yahoo.com — Woman pleads guilty in $1.2 billion plot targeting Wes Edens ...
    9. news.bloomberglaw.com — Woman Admits Trying to Scam Wes Edens for $1.2 Billion (1)
    10. vcptrading.com — Woman pleads guilty in $1.2 billion plot targeting Bucks co ...
    confidence 95%
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