IPPEI MIZUHARA, EX-INTERPRETER FOR LOS ANGELES DODGERS STAR SHOHEI OHTANI, WILL PLEAD GUILTY IN BETTING CASE
The former interpreter for Los Angeles Dodgers star Shohei Ohtani has agreed to plead guilty to bank and tax fraud in a sports betting case in which prosecutors allege he stole nearly $17 million from the Japanese baseball player to pay off debts, federal prosecutors said Wednesday.
The scandal surrounding Ippei Mizuhara shocked baseball fans from the U.S. to Japan when the news broke in March.
Mizuhara will plead guilty to one count of bank fraud and one count of subscribing to a false tax return, the U.S. Justice Department announced. The bank fraud charge carries a maximum of 30 years in federal prison, and the false tax return charge carries a sentence of up to three years in federal prison.
The plea agreement says Mizuhara will be required to pay Ohtani restitution that could total nearly $17 million, as well as more than $1 million to the IRS. Those amounts could change prior to sentencing.
Mizuhara will enter his guilty plea in the coming weeks and is set to be arraigned May 14, prosecutors said.
Mizuhara exploited his personal and professional relationship with Ohtani to plunder millions from the two-way player’s account for years, at times impersonating Ohtani to bankers, prosecutors said. Mizuhara’s winning bets totaled over $142 million, which he deposited in his own bank account and not Ohtani’s. But his losing bets were around $183 million, a net loss of nearly $41 million.
Mizuhara helped Ohtani open a bank account in 2018 and began stealing from that account in 2021, according to the plea agreement.