Current:Home > ScamsFormer Jacksonville Jaguars employee charged with stealing $22 million from team -FinanceMind
Former Jacksonville Jaguars employee charged with stealing $22 million from team
View
Date:2025-04-19 08:56:58
A former Jacksonville Jaguars employee has been charged with wire fraud for allegedly racking up more than $22 million in fraudulent credit card purchases, according to court records and a statement released by the team.
According to charging documents filed by federal prosecutors Tuesday, Amit Patel was the sole administrator of the team's virtual credit card program and used this position to pass off personal purchases as business expenses. He allegedly used the Jaguars' virtual credit card accounts to purchase everything from luxury travel arrangements and hotels to a $95,000 watch.
The Jaguars are identified in court records as only "Business A" but confirmed in a statement that they were impacted by the alleged crimes of Patel, who was fired in February.
"Over the past several months we have cooperated fully with the FBI and the U.S. Attorney’s Office for the Middle District of Florida during their investigation and thank them for their efforts in this case," the team said in a statement.
"As was made clear in the charges, this individual was a former manager of financial planning and analysis who took advantage of his trusted position to covertly and intentionally commit significant fraudulent financial activity at the team’s expense for personal benefit. This individual had no access to confidential football strategy, personnel or other football information. The team engaged experienced law and accounting firms to conduct a comprehensive independent review, which concluded that no other team employees were involved in or aware of his criminal activity."
NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more.
Patel's attorney and a spokesperson for the U.S. Attorney's Office for the Middle District of Florida did not immediately reply to messages seeking comment Wednesday night.
The Athletic first reported the news earlier Wednesday evening.
According to team media guides, Patel spent at least five full seasons as an employee in the Jaguars' finance department, beginning in 2018. Prosecutors allege that in 2019, he became the "sole administrator" for the organization's virtual credit card program, which gave him the ability to approve new accounts and request changes to available credit. He also was responsible for classifying virtual credit card transactions in business reports.
Between September 2019 and his firing in February 2023, Patel racked up personal charges on team accounts by creating some fictitious transactions and inflating, duplicating or mislabeling others, according to charging documents.
Prosecutors allege that, as part of this scheme, Patel used fraudulent credit card charges to place bets with online gambling websites, purchase a brand new Tesla, secure membership at a country club and even buy a two-bedroom condo in Ponte Vedra Beach, Florida. (According to charging documents, the property is valued at north of $265,000.)
Patel is charged with wire fraud and conducting an illegal monetary transaction with regards to the $95,000 watch, which he purchased online last fall. He agreed to be charged by information rather than indictment, and his first court date has not yet been set.
Contact Tom Schad at [email protected] or on social media @Tom_Schad.
veryGood! (4824)
Related
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- A plan to extract gold from mining waste splits a Colorado town with a legacy of pollution
- Chappell Roan Steals the Show With 2024 MTV VMAs Performance Amid Backlash for Canceling Concerts
- 2024 MTV VMAs: Eminem Proves He’s Still the Real Slim Shady With Rousing Opening Performance
- This was the average Social Security benefit in 2004, and here's what it is now
- Jordan Chiles Says Her Heart Is Broken After Having Olympic Medal Stripped
- California Slashed Harmful Vehicle Emissions, but People of Color and Overburdened Communities Continue to Breathe the Worst Air
- Indiana judge rules against abortion providers fighting near-total ban
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Olympian Jordan Chiles Returns to Spotlight at 2024 VMAs Red Carpet After Bronze Medal Debacle
Ranking
- $73.5M beach replenishment project starts in January at Jersey Shore
- New Orleans Saints staff will stay in team's facility during Hurricane Francine
- Jon Bon Jovi helps talk woman down from ledge on Nashville bridge
- Campbell removing 'soup' from iconic company name after 155 years
- Skins Game to make return to Thanksgiving week with a modern look
- Tyreek Hill says he could have handled his traffic stop better but he still wants the officer fired
- Tyreek Hill police incident: What happened during traffic stop according to body cam
- Remains found in car in Illinois river identified as 2 men who vanished in 1976, coroner says
Recommendation
Nevada attorney general revives 2020 fake electors case
Firefighters hope cooler weather will aid their battle against 3 major Southern California fires
Laura Loomer, who promoted a 9/11 conspiracy theory, joins Trump for ceremonies marking the attacks
Kentucky authorities still hunting suspect in I-75 shooting that injured 5
Travis Hunter, the 2
Wisconsin Supreme Court agrees to hear case affecting future of state’s elections leader
A Power Plant Expansion Tied to Bitcoin Mining Faces Backlash From Conservative Texans
How many people watched the Harris-Trump presidential debate?