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Ippei Mizuhara's alleged theft of at least $16 million from his former employer, Los Angeles Dodgers superstar Shohei Ohtani, shocked the sports world, but the story of a celebrity getting fleeced by a member of his inner circle is a tale as old as time.
From Billy Joel to Alanis Morissette to athletes including Dennis Rodman and Mark Sanchez, there's a long list of celebrities and athletes who lost effective control of their assets and found themselves victimized by people they once trusted.
According to a 2021 report from global accounting and consulting firm EY, professional athletes alleged they lost nearly $600 million due to fraud from 2004 through 2019.