Not sure if this helps but I think it's related. Thanks to Smoogy I just found another legit mma site.
From world-mma.livejournal.com about Ishii, former president to K-1 and now ex-con.
Ishii, who was sent to prison in 2003 on tax evasion and cash concealing charges (upwards of $10 million USD is suspected), is being released from prison, and it was officially announced by FEG head Tanikawa that Ishii is accepted back into business.
It appears he will be put back in charge of administration of the affairs of K-1.
Tanikawa states, "Ishii has not separated himself from the industry, and plans to manage K-1 and change the whole structure of Japanese MMA."
"I met him [he uses the term "director" like "boss] with a feeling like 'you must be really run down.'"
"and we spoke about a lot of things related to the future of K-1. I asked him on what seems like a daily basis what he believes as director that we should do for K-1's future. "
"It wasn't that I was telling him my ideas, but more like I was listening to all sorts of ideas from the director."
"Now, this fighting world that started in 2000, and all the directions it's gone in, changes that have come, finally it feels like it has come to an end."
"But if we go back to the starting point of the world of MMA, I think we a new start can be made."
* Note: The financial troubles seem to stem from two factors - Yakuza and Mike Tyson. Ishii was so hellbent on having Tyson in K-1, up to $5M USD was spent secretly, and in the end, Tyson never appeared. Some blamed the fact that Tyson was a felon and was not able to get a visa to come to Japan.
More details on everything should emerge soon
We are all one.
"...when you teach that those who differ from you threaten your freedom or your job or your family, then you also learn to confront others not as fellow citizens but as enemies – to be met not with cooperation but with conquest, to be subjugated and mastered."
-Remarks of Senator Robert F. Kennedy to the Cleveland City Club, Cleveland, Ohio, April 5...1968