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Impact on Ohtani’s endorsements by end of 2024
5
Resolution / Starting Odds
Significant negative impact • 33%
Minor negative impact • 33%
No impact • 34%
Public company announcements or credible business news sources
Story
Ohtani's Ex-Interpreter to Plead Guilty to Fraud, Faces Up to 33 Years: DOJ
May 8, 2024, 09:03 PM
Ippei Mizuhara, the former interpreter for MLB star Shohei Ohtani, has agreed to plead guilty to federal charges of bank fraud and subscribing to a false tax return, according to the DOJ. Mizuhara, who was involved in a scheme that illegally transferred nearly $17 million from Ohtani's bank account to cover his gambling debts, faces up to 33 years in prison. The plea agreement includes one count of bank fraud, which carries a maximum sentence of 30 years, and one count of subscribing to a false tax return, with a potential sentence of up to three years. Mizuhara is expected to enter his guilty plea on May 14.
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Temporary setback but quick recovery • 25%
Career enhancement due to public sympathy • 25%
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Indifference • 25%
Increased awareness and call for reform • 25%
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