India, May 13 -- Wesley Edens, the co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks, was reportedly extorted by a Chinese woman for more than $1 billion.

According to prosecutors, Edens became involved with Changli "Sophia" Luo, the founder of the One World Initiative Advocacy nonprofit organization, in 2023. Later, she allegedly threatened to release videos and photographs of their intimate encounters.

They alleged that she continued to threaten him for several months, even reaching out to his family and claiming she would approach his investors.

Last year, she faced indictment and was charged with blackmail and the destruction of records.

At that time, the indictment did not identify Edens as the victim. H...