Sexyama's manager arrested for allegedly stealing $140k from the fighter

 

Fighting is a hard way to earn a living. When a manager takes a fighter's earnings, the sport has to take full notice, which has not happened in the case of Yoshihiro Akiyama, who was allegedly ripped off by his manager, five years ago.

The amount taken in not clear at this time, with the account of the incident referring to $1,000,000, and unlikely sum for a fighter at Akiyama's level. The amount give in Japanese yen, 13,550,000 is equal to around US $140,000.

AsianMMA.com has the story.

In 2008, Yoshihiro Akiyama wrote in a blog about his former best friend and manager and some shady dealings that went down.  According to Akiyama, the two became best friends, then business partners.  Akiyama trusted his manager with his entire bank, and entrusted him all his sponsorship and fight dealings.

Allegedly, in February/March of 2008, manager Sawayama Tarou took money five times from the account that held Akiyama’s fight money earnings, taking around 13550000 yen (approximately US $140,000). Akiyama noticed in May of the same year when he went to withdrawal money for a new home, and went to the police about it.

Needless to say, the two parted ways.

In 2009, Akiyama was successful in a civil suit and proceeded with a criminal complaint.  Little had been heard about the outcome of this until today, when the Sankei Shimbun published a report stating Sawayama was arrested on an embezzlement charge related to Akiyama.  He was picked up in Osaka, Japan and will face charges in an unknown location.

According to the police, Sawayama was stealing Akiyama’s fight money, and they caught him using it for a credit card payment.

The police are currently investigating Sawayama for other potential crimes.

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Recent Comments »

fightharder site profile image  

4/17/13 10:30 PM by fightharder

At least nobody can steal Aki's sexy....even GSP can't touch him.

fsshariq site profile image  

4/17/13 1:34 PM by fsshariq

  Yoshihiro Akiyama Sankei Shimbun article, Full Translation   Last Updated on Wednesday, 17 April 2013 10:10 Written by admin Wednesday, 17 April 2013 10:10 The president of a consulting company, Sawayama Tarou, was arrested on suspicion of embezzlement. According to the police, he was stealing Akiyama’s fight money, and they caught him using it for a credit card payment. In February/March of 2008, he took money five times from the account that held Akiyama’s fight money earnings, taking around 13550000 yen. Akiyama noticed in May of the same year and went to the police about it. In 2010 he mentioned it on his blog, and it mentions his comment about how almost all of his money was stolen by someone he trusted, but that the guy is still living like nothing happened. The police are currently investigating Sawayama for other potential crimes.     Yoshihiro Akiyama’s former manager arrested on embezzlement charge, heisted $1 million   Last Updated on Wednesday, 17 April 2013 08:20 Written by admin Wednesday, 17 April 2013 08:20 In 2008, Yoshihiro Akiyama wrote in an autobiography about his former best friend and manager and some shady dealings that went down.  According to Akiyama, the two became best friends, then business partners.  Akiyama trusted his manager with his entire bank, and entrusted all his sponsorship and fight dealings in his friend. Things appeared to be going well until Akiyama went to withdrawal money for a new home.  In disbelief, nearly $1 million was missing from the account. Needless to say, the two parted ways. In 2009, Akiyama was successful in a civil suit and proceeded with a criminal complaint.  Little had been heard about the outcome of this until today, when the Sankei Shimbun published a report stating the former manager was arrested on an embezzlement charge related to Akiyama.  He was picked up in Osaka, Japan and will face charges in an unknown location.  

2xAA site profile image  

4/17/13 1:34 PM by 2xAA

dummyama

Mighty Cthulhu site profile image  

4/17/13 1:17 PM by Mighty Cthulhu

Well I hope he enjoys Japanese prison ... because it's supposed to suck.

TopGrinder site profile image  

4/17/13 12:10 PM by TopGrinder

Sad thing is most of these shady managers don't get caught

jar of flies site profile image  

4/17/13 11:19 AM by jar of flies

http://www.asianmma.com/?p=6312http://www.asianmma.com/?p=6309

Lobo8 site profile image  

4/17/13 11:15 AM by Lobo8

That Bastard! How dare he steal from Sexyama.