Close Menu
  • Home
  • Markets
    • Earnings
  • Banks
    • Crypto
    • Investing
  • Business
    • Retail
  • industry
    • Finance
    • Energy
    • Real Estate
  • Politics
Facebook X (Twitter) Instagram
Facebook LinkedIn
Financial Market News
Subscribe Now
  • Home
  • Markets
    • Earnings
  • Banks
    • Crypto
    • Investing
  • Business
    • Retail
  • industry
    • Finance
    • Energy
    • Real Estate
  • Politics
Financial Market News
You are at:Home»Retail»Ohtani translator accused of stealing $16 million from Dodgers star
Retail

Ohtani translator accused of stealing $16 million from Dodgers star

April 11, 20243 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
OLOGI Ad 2


Shohei Ohtani’s former translator Ippei Mizuhara allegedly stole more than $16 million from the Los Angeles Dodgers star to cover millions of dollars of gambling debts, the U.S. attorney’s office announced Thursday.

The office, which filed a criminal complaint against Mizuhara alleging bank fraud on Thursday, also said Ohtani had no knowledge of the fraud and is considered a victim in the case.

The bets were not placed on baseball games, the office said.

Mizuhara had been Ohtani’s translator for years. During that time, the attorney’s office discovered Mizuhara had full access to Ohtani’s bank accounts. Phone records indicate he accessed them online and lied to the bank, pretending to be Ohtani, the office said. He refused to give access to the accounts to Ohtani’s agent and other advisors.

On March 20, 2024, Mizuhara admitted to a bookmaker in an encrypted text message that he had stolen the money from Ohtani, according to the complaint. “Technically I did steal from him. It’s all over for me,” he wrote.

“Due to the position of trust, he had unique access to his finances and he used and abused that place of trust to take advantage of Mr. Ohtani,” said U.S. Attorney Martin Estrada.

Mizuhara has been the subject of a federal investigation surrounding millions of dollars in wire transfers originating from Ohtani’s bank account to an illegal bookmaker beginning in November 2021.

Attorneys for Ohtani, Mizuhara and the Dodgers declined to comment on the charges.

The Ohtani fraud was first discovered as the U.S. Department of Justice was looking into illegal sports bookmaking operations in Southern California and the laundering of the proceeds of those operations through casinos in Las Vegas. The investigations have led to criminal charges and/or convictions of 12 criminal defendants, the complaint said.

While sports gambling is legal in 38 states and Washington, D.C., it is illegal in California, which has driven some bettors to illegal operations.

Mizuhara faces a maximum sentence of 30 years in prison for the charges and is expected to make a court appearance in the next couple of days.

Estrada said Mizuhara kept his winnings in his own bank account.

Despite owing bookmakers millions of dollars in losses, Mizuhara repeatedly asked them to increase his betting limits.

“Bad run,” he texted a bookmaker. “Any chance you can bump me again?? As you know, you don’t have to worry about me not paying!!”

By November 2023, Mizuhara’s debts had become crippling. He messaged the same bookmaker saying he ended up losing a lot of money on crypto investments in the past couple of years and took huge hits with the sports betting, too.

“Is there any way to settle on an amount? I’ve lost way too much on the site already … of course I know it’s my fault,” he said.

Law enforcement officials said Ohtani has been fully cooperating and allowed them access to his electronic devices.

Ohtani told officials he believed his accountants and financial advisors were monitoring his accounts…



Read More: Ohtani translator accused of stealing $16 million from Dodgers star

TGC Banner 1
accused business news Crime Dodgers Major League Baseball million Ohtani Retail industry Securities fraud Shohei Ohtani Sports Star stealing translator
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleH&M shares jump 14% as profit smashes expectations
Next Article 140 BMO customers say they lost $1.5M in transfer frauds, plan to sue bank

Related Posts

JPMorgan CEO Jamie Dimon annual letter cites risks in geopolitics, AI,

April 6, 2026

Coca-Cola launches ad campaign with Domino’s, Wendy’s, Wingstop

April 6, 2026

Former insiders on how the iPhone maker can win with AI

April 5, 2026

Trump threatens to bomb Iran power plants and bridges on Tuesday

April 5, 2026
Add A Comment
Leave A Reply Cancel Reply

Energy News

Protestors march in downtown Houston to oppose CERAWeek on first day of

Former insiders on how the iPhone maker can win with AI

Brazilian city bets on the business environment to generate jobs and

United Airlines hikes checked bag fees by $10 as fuel prices climb

Banks News

Dale Cole Addresses Rumors That First Community Bank Is for Sale

ADOPTING AI IN BANKING: Industry leaders caution about ethics

More bank branch closures imminent as industry consolidates

Charles Scharf: Banking Industry Reformer, Wells Fargo Chairman and CEO,

Real Estate News

Iconic Sarasota bowling alley site eyed for redevelopment

Top 10 Brooklyn Listings: A Clinton Hill Brownstone

Inside New York’s stunning tiny-home community that mirrors a real-life

Batton plaintiffs file appeal after Anywhere opt-in deal

© 2026 finmar.news

Type above and press Enter to search. Press Esc to cancel.