The video clearly shows Lochte taking his wallet out while going through security.
I posit that the protitute they tried to hire not only robbed them but had a weiner, and they are embarrassed about it and concocted a poor cover story.
Apparently robbers there oftentimes just take your money and give you your wallet back.
He could have purchased another wallet.
And the U.S. consulate in Rio de Janeiro would have issued him a new passport under the circumstances.
Lochte was on the evening news and he said the story is exactly what happened....he and his friends went out drinking and were robbed. He made it clear there were no prostitutes.
Don't have any idea of what really happened, but how many times did the swimmers go through that security checkpoint on various days? I would suspect there is video of them every day they have been there so I would be cautious without forensic proof that the recording is from than night and not time stamp altered.