Commercial bankers, does the Ohtani story make any sense to you? How can $4.5MM in wire transfers be made without Ohtani's knowledge? https://lnkd.in/g7fTUhnY
Depends who was authorized to send them. Possible. Could have been set up online to originate them. Often in these stories they irresponsibly delegate all authority without dual authority then declare themselves victims. Checks and balances are required.
Maybe if he was setup for online wires that the interpreter had his login info? Not sure how common it is for a bank to permit $500k wires without any sort of verbal confirmation with the account holder. Better question IMO: How does a guy making $200k a year as an interpreter get the opportunity to run up a $4.5 million gambling debt? There’s a lot of this story that doesn’t add up. It seems pretty likely that Ohtani broke the law and potentially MLB rules that could lead to a 1 year ban. Every party involved wants that not to be the case, and the Dodgers/Ohtani have 700 million reasons on the line.
Asst Manager, Operations at Wintrust Financial Corporation
1moAs a wire room manager, this happens more than you'd expect.