In every week it misplaced QB Trevor Lawrence to harm, the Jaguars are additionally coping with shedding $22m to ex-employee Amit Patel. [Image: Shutterstock.com]
A US District Courtroom in Jacksonville, Florida has accused a former finance supervisor of the Jacksonville Jaguars of stealing over $22m from the NFL franchise to bankroll his jet-set life-style.
used the cash to gamble on-line, purchase a condominium in Ponte Vedra Seaside, constitution personal jets
Amit Patel allegedly used the cash to gamble on-line, purchase a condominium in Ponte Vedra Seaside, constitution personal jets, and ebook luxurious motels. The court docket submitting doesn’t cease there, itemizing a Nissan pickup, a Tesla Mannequin 3 sedan, cryptocurrency, NFTs, sports activities memorabilia, and a luxurious watch price over $95,000, as simply a few of Patel’s different reported purchases.
Earlier this week, based on The Athletic, Division of Justice prosecutors charged Patel with wire fraud and unlawful financial transaction. Patel’s alleged pilfering from the NFL franchise ran from 2018 till he was fired in February 2023.
Bank card hustle
Courtroom paperwork reveal Patel was a Monetary Planning and Evaluation Supervisor for the Jaguars in his most up-to-date function. As such, based on The Athletic, Patel turned administrator of the NFL staff’s digital bank card (VCC) program.
Below the VCC program, court docket papers state, Patel allegedly started cooking the books with fraudulent transactions.
entered utterly fictitious transactions”
The submitting states Patel lined up his dealings by figuring out “reoccurring VCC transactions, corresponding to catering, airfare, and resort expenses” and duplicating them, whereas additionally overstating the prices of reliable reoccurring transactions. It provides that Patel “entered utterly fictitious transactions which may sound believable, however that by no means really occurred.”
As Patel used the VCC program to allegedly bankroll his champagne life-style, he finally got here to the eye of FBI and the US Legal professional’s Workplace for the Center District of Florida (USAO-MDF).
The Jaguars in an announcement mentioned the franchise had “cooperated absolutely” with each the FBI and USAO-MDF investigations into its former worker. The staff acknowledged Patel “took benefit of his trusted place to covertly and deliberately commit important fraudulent monetary exercise on the staff’s expense for private profit.”
The Athletic famous that the court docket submitting didn’t title precisely what Patel guess on on-line.
“Requested if the staff wished to touch upon that allegation, a Jaguars spokesperson declined,” the media outlet acknowledged.
One other large query for the Jaguars this week is the harm to quarterback Trevor Lawrence. Whereas not as unhealthy because the Bengals’ Joe Burrow or the Giants’ Daniel Jones, Lawrence’s harm provides to a freakish QB-hobbling bug which has seen odds shift considerably beneath the Jaguars as C.J. Beathard takes over the Jags’ playmaker helm.