Current:Home > StocksEx-Jaguars employee who stole $22 million from team sentenced to 6½ years in prison -Bright Future Finance
Ex-Jaguars employee who stole $22 million from team sentenced to 6½ years in prison
View
Date:2025-04-19 00:08:17
A former Jacksonville Jaguars employee who pleaded guilty to stealing $22 million from the team has been sentenced to six-and-a-half years in prison, the U.S. Attorney’s Office for the Middle District of Florida announced Tuesday.
Amit Patel, who racked up millions of dollars in fraudulent charges while serving as the administrator for the Jaguars’ virtual credit card program from September 2019 to February 2023, was also ordered to pay the Jaguars $21.1 million in restitution and attend Gamblers Anonymous meetings.
Patel, 31, faced up to 30 years in prison after pleading guilty in December to wire fraud and engaging in an illegal monetary transaction.
“Today, the IRS intercepted Patel’s playbook and achieved justice for the American public," IRS-CI Acting Special Agent in Charge Lani Rosado-Espinal said in a statement. "Patel deceived the Jacksonville Jaguars and used his position of trust to steal from the team, gamble on games and fund a lavish lifestyle.”
DETAILS:Feds detail ex-Jaguars employee Amit Patel's spending on 'life of luxury'
All things Jaguars: Latest Jacksonville Jaguars news, schedule, roster, stats, injury updates and more.
Court documents said Patel operated a fraud scheme and embezzled more than $22 million from the Jaguars. He transferred $20 million to FanDuel, $1 million to DraftKings and used more than $5 million to fund his "life of luxury," including spending over $200,000 for golf memorabilia (he paid $47,113.92 for Tiger Woods' 1996 putter), $78,800 in private jets, and $278,000 for hotels, rental properties, and travel. He also spent $95,000 on a single wristwatch and continued to spend cash after his firing, purchasing a game-used Trevor Lawrence jersey for $2,200 on eBay.
To hide his illicit transactions, prosecutors said Patel "created accounting files that contained numerous false and fraudulent entries and emailed them to the Jaguars' accounting department."
"I stand before you embarrassed, shamed, and disappointed by my actions," Patel said during the sentencing hearing, according to ESPN. "I can never truly convey how sorry I am to everyone affected by my actions."
During the hearing, Megha Parekh, senior vice president and chief legal officer for the Jaguars, said Patel "betrayed us."
"We gave him his dream job. We trusted him. We worked with him. We broke bread with him. We went through a pandemic and the highs and lows of the NFL with him," Parekh said, according to ESPN. "We take no joy in his punishment. Make no mistake, Amit broke our hearts."
In December, Patel's attorney, Alex King, said his client "suffers from a serious gambling addiction" and approximately 99% of the misappropriated funds from the Jaguars' virtual credit card program were gambling losses.
Contributing: Scooby Axson, Tom Schad
veryGood! (75934)
Related
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Court filing asks judge to rule that NCAA’s remaining NIL rules violate antitrust law
- One school district stopped suspending kids for minor misbehavior. Here’s what happened
- Elizabeth Hurley Addresses Rumor She Took Prince Harry's Virginity
- In ‘Nickel Boys,’ striving for a new way to see
- Texas emergency management chief believes the state needs its own firefighting aircraft
- Oklahoma prepares to execute man for 2002 double slaying
- Man cuffed but not charged after Chiefs Super Bowl Rally shooting sues 3 more lawmakers over posts
- Meet 11-year-old skateboarder Zheng Haohao, the youngest Olympian competing in Paris
- When do new 'Shōgun' episodes come out? Full season schedule, cast, where to watch
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Mother of Justin Combs shares footage of raid at Diddy's home, denounces militarized force
- In new movie 'Monkey Man,' Dev Patel got physical. He has the broken bones to prove it.
- As Roe v. Wade fell, teenage girls formed a mock government in ‘Girls State’
- Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
- The Nail Salon Is Expensive: These Press-On Nails Cost Less Than a Manicure
- Ole Miss women's basketball adds former Syracuse coach who resigned after investigation
- Foul play suspected in disappearance of two women driving to pick up kids in Oklahoma
Recommendation
Kentucky Gov. Andy Beshear ready to campaign for Harris-Walz after losing out for spot on the ticket
Regina Hill: What to know about the suspended Orlando city commissioner facing 7 felonies
Tiger Woods' ankle has 'zero mobility,' Notah Begay says before the Masters
What is next for billionaire philanthropist MacKenzie Scott’s giving?
FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
Police say man dies after tire comes off SUV and hits his car
Mark Cuban defends diversity, equity and inclusion policies even as critics swarm
The Global Mining Boom Puts African Great Apes at Greater Risk Than Previously Known