The former interpreter for Los Angeles Dodgers star Shohei Ohtani pleaded guilty to bank and tax fraud on Tuesday and admitted to stealing nearly $17 million from the Japanese baseball player to pay off sports betting debts.
Ippei Mizuhara’s crimes stunned the baseball world, shattering his image as Ohtani’s shadow at ballparks around the U.S.
He entered his guilty plea Tuesday in federal court in Santa Ana, California.
REUTERS
The ex-interpreter had 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.
Mizuhara signed a plea agreement that detailed the allegations on May 5, and prosecutors announced it several days later.
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. He did not wager on baseball.
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Mizuhara pleaded guilty to one count of bank fraud and one count of subscribing to a false tax return.
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 sentencing hearing is scheduled for Oct. 25.
He also is required to pay Ohtani restitution that could total nearly $17 million, as well as more than $1 million to the IRS.
Those amounts, however, could change prior to sentencing.
Mizuhara’s plea deal was negotiated with prosecutors before he was even arraigned in federal court in Los Angeles in mid-May.
He was initially charged with one count of bank fraud.
There was no evidence Ohtani was involved in or aware of Mizuhara’s gambling, and the player cooperated with investigators, authorities said.
