Current:Home > InvestFormer Jacksonville Jaguars employee charged with stealing $22 million from team -Wealth Legacy Solutions
Former Jacksonville Jaguars employee charged with stealing $22 million from team
View
Date:2025-04-19 13:20:09
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! (4918)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Frozen cells reveal a clue for a vaccine to block the deadly TB bug
- Big Three Automaker Gives Cellulosic Ethanol Industry a Needed Lift
- Deadly tornado rips through North Texas town, leaves utter devastation
- The Super Bowl could end in a 'three
- Ethical concerns temper optimism about gene-editing for human diseases
- First Water Tests Show Worrying Signs From Cook Inlet Gas Leak
- Are Kim Kardashian and Tom Brady Dating? Here's the Truth
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Ireland Baldwin Gives Birth, Welcomes First Baby With Musician RAC
Ranking
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Rachel Bilson Baffled After Losing a Job Over Her Comments About Sex
- Losing Arctic Ice and Permafrost Will Cost Trillions as Earth Warms, Study Says
- Teens with severe obesity turn to surgery and new weight loss drugs, despite controversy
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Amid Doubts, Turkey Powers Ahead with Hydrogen Technologies
- People who think they're attractive are less likely to wear masks, a study shows
- Iconic Forests Reaching Climate Tipping Points in American West, Study Finds
Recommendation
Trump invites nearly all federal workers to quit now, get paid through September
Why Miley Cyrus Wouldn't Want to Erase Her and Liam Hemsworth's Relationship Despite Divorce
Can Obama’s Plan to Green the Nation’s Federal Buildings Deliver?
Rachel Bilson Baffled After Losing a Job Over Her Comments About Sex
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Conor McGregor accused of violently sexually assaulting a woman in a bathroom at NBA Finals game
All Eyes on Minn. Wind Developer as It Bets on New ‘Flow Battery’ Storage
The Impossibly Cute Pika’s Survival May Say Something About Our Own Future