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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.
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Fortress Co-Founder Wesley Edens Allegedly Extorted for $1 Billion By Ex-Hookup

Wesley Edens -- co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks -- was allegedly extorted for over $1 billion.

·Los Angeles, United States
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New York Post broke the news in New York, United States on Sunday, May 10, 2026.
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