New World Development (NWD) may need a debt-reduction plan or cash injection from the billionaire Cheng family to overcome a liquidity squeeze and assuage stock investors, according to analysts at HSBC Holdings. The company’s shares have lost 37 per cent, or HK$6.4 billion (US$821.7 million) in market value, since late November after a management shake-up…
Shohei Ohtani’s former interpreter, who admitted stealing nearly $17 million from the Dodger slugger’s bank account to pay off illegal gambling debts, was sentenced Thursday in federal court in Santa Ana to 57 months in prison. In addition to the four years and nine months in prison, Ippei Mizuhara was also ordered to pay restitution…
Ippei Mizuhara, Shohei Ohtani‘s former interpreter, has been sentenced to five years in prison for siphoning millions of dollars from the superstar baseball player, NBC News reported on Thursday. Mizuhara pled guilty last year on fraud charges in one of the biggest gambling scandals in sports history, stealing millions from Ohtani to cover losses from…
Whether you have a penchant for tasty cocktails or prefer to test your luck at the casino, you aren’t alone. Americans, across all age groups, are spending money on their vices. Cash is the preferred payment method but some are getting into debt because of it. That’s one of the takeaways from a recent Bankrate.com…
As soon as his bi-weekly salary of $650 came to his hand, migrant worker Mani Arockiyasamy rushed to the Marina Bay Sands casino with $300 in hand and a target in mind. With the aim of doubling his money, the 34-year-old from India, who works as a safety coordinator at a worksite, made a beeline…
SANTA ANA, Calif. (AP) — The former interpreter for baseball star Shohei Ohtani was sentenced Thursday to four years and nine months in prison and ordered to pay nearly $17 million to the Los Angeles Dodgers player after he stole a similar amount from Ohtani’s bank account to cover his sports gambling debts. Ippei Mizhuara…
Almost half of British Columbians in debt waited more than two years to seek financial help, leading to significant mental health struggles A new survey reveals concerning links between British Columbians’ indebtedness and their mental health. Last year, 41 per cent of indebted British Columbians said they waited more than two years to seek professional financial…
Indebted B.C. residents delaying financial help, paying price in mental health: survey – BC News Castanet.net Read the original article here
GSIS launches MPL Max Program to provide debt relief for gov’t workers Philippine Information Agency Read the original article here
WORTHINGTON — Nobles County commissioners on Tuesday approved a three-year contract with Washington, D.C.-based Savi Solutions to provide student loan administration services to county employees. The contract will cost the county $70 for essential accounts and $75 for pro accounts. Working with over 150 federal and state programs across the country, the business works with…