A former employee of the Jacksonville Jaguars has been accused of stealing over $22 million from the NFL team to fund a lavish lifestyle, including online gambling, travel, luxury items, and cryptocurrency.
The accused, Amit Patel, allegedly used the team’s virtual credit card system to siphon money over a four-year period.
The team confirmed Patel’s employment and termination, cooperated with the FBI, and conducted an independent review that found no other employees involved. (Trending: Elon Musk Condemns Arrest Of Jan 6 Protester)
“We can confirm that in February 2023, the team terminated the employment of the individual named in the filing,” the team stated.
“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.”
“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.”
Patel, the sole administrator of the team’s VCC system, allegedly created a complex scheme to conceal his fraudulent transactions.
He waived his right to an indictment, and the case will proceed based on the information filed by federal prosecutors.
“For example, to hide his fraudulent VCC transactions, the defendant identified legitimate reoccurring VCC transactions, such as catering, airfare, and hotel charges, and then duplicated those transactions,” the court documents state.
“He inflated the amounts of legitimate reoccurring VCC transactions; he entered completely fictious transactions that might sound plausible, but that never actually occurred; and he moved legitimate VCC chargers from upcoming months into the month of the integration file that was immediately due to the accounting department.”
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