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Shohei Ohtani ‘a victim’ of interpreter’s massive bank fraud, feds say

Shohei Ohtani 'a victim' of interpreter's massive bank fraud, feds say

[ad_1] When Japanese interpreter Ippei Mizuhara lost bets, he paid a bookmaker with money allegedly stolen from Shohei Ohtani, a staggering total of more than $16 million — nearly four times what previously had been reported. But when Mizuhara won bets, federal authorities said Thursday, he stashed the cash in an account of his own … Read more

Feds say Shohei Ohtani’s ex-interpreter stole over $16M for gambling, Ippei Mizuhara charged with bank fraud

Feds say Shohei Ohtani's ex-interpreter stole over $16M for gambling, Ippei Mizuhara charged with bank fraud

[ad_1] Ippei Mizuhara, Shohei Ohtani’s former translator embroiled in a gambling scandal presently gripping Major League Baseball, has been charged with bank fraud for allegedly stealing more than $16 million from the Dodgers superstar, the U.S. Attorney’s Office for the Central District of California announced during a press conference Thursday. “Mr. Mizuhara stole this money … Read more

Chiefs superfan ordered to pay bank teller $10.8 million in string of bank robberies

Chiefs superfan ordered to pay bank teller $10.8 million in string of bank robberies

[ad_1] Xaviar Michael Babudar, the Kansas City Chiefs superfan known as “ChiefsAholic,” was ordered by an Oklahoma judge to pay $10.8 million to a bank teller he threatened and assaulted with a gun during a 2022 bank robbery.  Babudar, 29, was ordered to pay Payton Garcia $3.6 million for her injuries and loss of income … Read more

HDFC Bank proposes to sell 100% stake in its subsidiary HDFC Education | Company News

HDFC Bank proposes to sell 100% stake in its subsidiary HDFC Education | Company News

[ad_1] HDFC Bank | Image credits: Bloomberg HDFC Bank has decided to sell its 100 per cent stake in HDFC Education and Development Services Private Ltd. The transaction will be undertaken through the Swiss challenge method, HDFC Bank said in a regulatory filing on Saturday. “In this regard, HDFC Bank has, on … Read more

India’s forex reserves rise by $140 mn to hit fresh peak of $642.63 bn | Finance News

India's forex reserves rise by $140 mn to hit fresh peak of $642.63 bn | Finance News

[ad_1] India’s forex reserves increased by $140 million to touch its all-time high of $642.631 billion during the week ended March 22, the Reserve Bank said. This is the fifth consecutive week of a jump in the overall reserves. The kitty had increased by $6.396 billion to $642.492 billion in the previous reporting … Read more

Opaque electoral bond scheme ensured bribes through banks, says Congress | Lok Sabha Elections News

Business Standard

[ad_1] Congress general secretary Jairam Ramesh (Photo: Twitter) Stepping up its attack on the BJP-led government over the electoral bonds issue, the Congress on Saturday said the “opaque scheme” ensured that prepaid, postpaid and even post-raid bribes could be routed through the banking channel. The opposition party also reiterated its demand that there … Read more

Food price pressures deter swifter fall in inflation to RBI’s 4% target | Economy & Policy News

Business Standard

[ad_1] RBI further said the global economy is losing steam, with growth slowing in some of the most resilient economies and high frequency indicators pointing to further levelling in the period ahead. Photo: Bloomberg Food price pressures is an obstacle in swifter fall in retail inflation to the Reserve Bank’s target of 4 per … Read more

Biden administration sanctions two West Bank outposts and three Israeli settlers

Biden administration sanctions two West Bank outposts and three Israeli settlers

[ad_1] WASHINGTON — The U.S. government on Thursday announced sanctions against two Israeli outposts in the West Bank, marking an escalation from the Biden administration’s previous targeting of individual settlers. The sanctions focus on Zvis Farm and Moshes Farm, which the State Department said are used as bases to perpetuate “violence against Palestinians.” Three Israeli … Read more

IIFL Finance to raise $242 mn via rights basis, non-convertible debentures | Finance News

Business Standard

[ad_1] IIFL Finance said on Wednesday it would raise funds up to Rs 2,000 crore ($241.5 million) as the non-bank lender looks to shore up capital after India’s central bank barred it from offering gold loans. The company will raise the funds through the issue of shares on rights basis and non-convertible debentures … Read more

Chiefs super fan pleads guilty: ‘Chiefsaholic’ faces up to 50 years in prison for string of 11 bank robberies

Chiefs super fan pleads guilty: 'Chiefsaholic' faces up to 50 years in prison for string of 11 bank robberies

[ad_1] A notorious Chiefs super fan, who spent several months on the run before being arrested in July, pleaded guilty in federal court on Wednesday to three charges related to a string of 11 bank robberies that took place in seven different states.  Xaviar Babudar, who’s known as ‘Chiefsaholic,’ pleaded guilty to one count of … Read more