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A former financial supervisor for the Jacksonville Jaguars has been accused of stealing additional than $22 million from the franchise by way of its digital credit score card program among 2019 and 2023, in accordance to a 7-web site court submitting.
Amit Patel, who labored for the Jaguars for five yrs starting in 2018, is charged with one rely of wire fraud and just one depend of illegal monetary transaction in documents filed in U.S. District Court docket in Jacksonville. If convicted, he may be required to forfeit home and belongings procured or funded with the proceeds, the submitting states.
A statement from the Jaguars confirmed they are “Organization A” referred to as the sufferer in the files.
“We can ensure that in February 2023, the workforce terminated the employment of the personal named in the filing,” the group reported in a assertion. “Over the earlier many months, we have cooperated absolutely with the FBI and the U.S. Attorney’s Business office for the Center District of Florida in the course of their investigation and thank them for their initiatives in this circumstance.
“As was produced obvious in the rates, this personal was a former manager of economical planning and assessment who took gain of his trusted situation to covertly and intentionally dedicate sizeable fraudulent economic activity at the team’s expenditure for personalized gain.
“This specific had no access to confidential soccer tactic, personnel or other football info. The crew engaged seasoned legislation and accounting companies to perform a complete unbiased assessment, which concluded that no other team staff members had been involved in or conscious of his criminal exercise.”
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The Athletic 1st reported the court filing.
Patel is accused of utilizing the dollars to invest in two cars — a Tesla and Nissan pickup truck — a condominium in close by Ponte Vedra Seaside, a designer watch for $95,000, cryptocurrency and place bets with online gambling websites, according to the filing.
He also allegedly made use of the income to acquire athletics memorabilia, a country club membership, spa treatment options and tickets to sporting gatherings and live shows. And he chartered personal jets for himself and close friends and lodged a retainer with a legal protection legislation company.
Patel’s legal professional did not promptly reply to a message in search of remark.
Patel is listed in Jaguars’ media guides from 2018-22. His titles all through all those decades had been coordinator, economic organizing and evaluation, and then supervisor, economic preparing and analysis.
Patel oversaw the company’s regular monthly economical statements and office budgets and served as the club’s administrator of its virtual credit rating card system, which according to the filing authorized licensed personnel to “ask for VCC’s for business-associated purchases or expenses.”
Patel’s authority over the VCC plan allowed him to make the fraudulent transactions, the submitting stated. He allegedly duplicated and inflated transactions for products this sort of as catering, airfare and lodge rates and filed phony transactions that seemed legit.
Reporting by The Affiliated Press.
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