Dodger superstar’s confidant pleaded guilty to stealing $17 million from the power hitter to cover debts

An interpreter for Los Angeles Dodgers star Shohei Ohtani has agreed to plead guilty to criminal charges after secretly transferring about $17 million from the player’s account to pay off gambling debt. Ippei Mizuhara incurred the debt through an illegal bookmaking operation, which Ohtani had no knowledge of, the US Justice Department said Wednesday. Mizuhara…

Is your favourite store next? Why businesses are going bust

“The construction industry previously gained the benefits of low interest rates and stimulus policies, which led to increased demand for construction services,” A/Prof. Dechter explains. “Following the boom and entering the period of high interest rates and high building materials costs, as well as increasing labour costs, the sector became less profitable.” According to Professor Richard…

8 best debt relief companies

If you’re one of the Americans carrying a portion of the $1.08 trillion in U.S. credit card balances, or the 8% who are delinquent, a way out could mean the difference between a lifetime of financial struggle and a fresh start.  That’s where debt relief companies come in. They negotiate your debt with creditors on…

NCLAT Stays Insolvency Proceedings Against Coffee Day Enterprises Till Next Date Of Hearing

NCLAT Stays Insolvency Proceedings Against Coffee Day Enterprises Till Next Date Of Hearing | Image Source: Wikipedia (Representative) The National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), which operates the Cafe Coffee Day chain, till the next date of hearing. The Chennai-based bench of the…

‘I Wanna Marry Harry’ Outfit Shuts Production Arm

EXCLUSIVE: Zig Zag, the 25-year-old UK producer behind shows including Fox‘s I Wanna Marry Harry, is shutting its production arm after being hit by the unscripted commissioning drought. Zig Zag is putting Zig Zag Productions Limited into insolvency as part of a financial restructuring that has resulted in six employees being made redundant. The company,…