Tuesday, August 25, 2026
Law

Ex-Hawks Employee Accused of Stealing $3.8 Million From Team

Prosecutors say the former senior finance employee, Lester Jones, improperly used team credit cards and reimbursements to embezzle funds.

Stephen Lew-Imagn Images

Federal prosecutors have accused a former senior financial staffer for the Atlanta Hawks of embezzling more than $3.8 million from the NBA team.

Lester Jones worked for the Hawks from 2016 to June 2025 and was promoted to senior vice president of finance in 2021. A court document alleges Jones made “hundreds of unauthorized transactions” with team credit cards, including a $229,968.76 charge in January he improperly claimed covered team expenses at the NBA Cup. Prosecutors in the Northern District of Georgia last week charged Jones with one count of wire fraud.

Representatives for Hawks and Jones did not immediately respond to requests for comment. Jones pleaded not guilty and was released on $10,000 bond.

Jones’s scheme unfolded in two ways, prosecutors say: through expense reimbursements and charges on company credit cards.

Prosecutors say Jones handled the team’s American Express credit card program and oversaw expense reimbursements. “By virtue of his position, defendant Jones had special access to and insight into any limitations with the Company’s internal financial system, which defendant Jones exploited for personal gain,” prosecutors allege in a court filing, including a crucial shortcoming wherein reimbursement staff couldn’t actually see the expenses in their approval platform until July 2024. Jones submitted “dozens” of improper reimbursement requests “including fictitious and altered invoices,” prosecutors allege.

The former staffer also charged “millions of dollars in personal expenses” to team credit cards that were not disclosed or authorized, according to the filing. These charges included trips to the Bahamas, Costa Rica, Hawaii, Las Vegas, Mexico, Puerto Rico, Switzerland, and Thailand, plus Louis Vuitton items, jewelry, “Porsche car expenses,” and concert and sports tickets, the filing says. To cover up his spending, Jones altered financial reports and emails, and blamed large balances on team operations.

Jones was also in a romantic relationship with another former Hawks employee for whom he bought expensive gifts using some of the embezzled funds, according to The Athletic.

Prosecutors detail one of Jones’s alleged improper payments from January 2025 for $229,968.76, and included internal emails where he told another employee that “AMEX threatened to cut us off again if I don’t get that one.” The invoice given by Jones listed expenses for “NBA Emirates Cup, Tickets, Credentials, Logistics, Room” at the Wynn Hotel in Las Vegas on Dec. 12, 2024, but no team credit card or Hawks staffer ever made a charge for that amount, nor did the Wynn Hotel send out an invoice for those expenses, prosecutors allege. The court filing also says Jones altered an email from American Express—inquiring about an overdue balance of $217,942.81—to make it appear to be inquiring about the higher amount at the Wynn. “At least I know the Wynn’s number is right,” he told other employees in the finance department, the filing says.

Jones was not indicted by a grand jury; his charge was presented by prosecutors in the Northern District of Georgia through a document called an “information.” Jones waived his right to prosecution by an indictment, meaning his case will proceed based on the prosecutors’ evidence rather than a charge by a grand jury, as guaranteed in the Fifth Amendment. This will speed up the process, and Jones has 15 days from last Friday to either plead guilty or say he will move to trial.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

First at FOS

Enes Kanter Freedom, Royce White Not Eligible to Play in WNBA

Freedom was ejected from a WNBA game Sunday night.
California Attorney General Rob Bonta holds a press conference as he announces California will be suing to block the Paramount's $110 billion acquisition of Warner Bros. Discovery in Los Angeles, California, U.S. July 13, 2026.

Paramount Antitrust Talks Face New Stumbling Block

A settlement negotiation set for Monday was canceled.

Enes Kanter Freedom Removed from WNBA Game After Altercation

The former NBA player claims he will enter the 2027 WNBA Draft.
Mar 28, 2025; Minneapolis, Minnesota, USA; Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez celebrate the team's win over the Phoenix Suns at Target Center

Why Flood of NBA Team Sales Isn’t Slowing

Often it’s less about love of team, more about love of returns.
podcast thumbnail mobile
Front Office Sports Today

8/24/26 – T-Wolves Sold Again, NHL Targets Texas, WNBA Fan Banned

0:00

Featured Today

Dan Snyder ‘Invisible’ in NFL Three Years After Commanders Sale

Snyder has had little to no contact with former NFL associates.
Soccer Football - Premier League - Arsenal v Burnley - Emirates Stadium, London, Britain - May 18, 2026 Arsenal's Kai Havertz scores their first goal past Burnley's Max Weiss
August 21, 2026

Why the Premier League’s Star-Power Shortage Doesn’t Matter

The world’s richest soccer league doesn’t rely on big stars to dominate.
August 12, 2026

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.

49ers Owner Arrested in Ohio

Jed York spent one day in jail.
Nov 6, 2023; Tuscaloosa, Alabama, USA; Alabama guard Kai Spears (32) a walk on guard, takes a three late in the game at Coleman Coliseum. Mandatory Credit: Gary Cosby Jr.-USA TODAY Sports
August 21, 2026

New York Times Loses $9.25M Defamation Verdict to Ex-Alabama Player

The outlet called the inaccurate report “an honest mistake.”
Oct 19, 2024; Tucson, Arizona, USA; Colorado Buffalos head coach Deion Sanders against the Arizona Wildcats at Arizona Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images
August 21, 2026

Deion Sanders Facing Fraud Lawsuit Over ‘Prime’ Logo

A graphic designer is suing Sanders and multiple companies alleging false promises.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
The Delaware Life logo is seen on a web browser in this illustration taken on August 17, 2026.
August 20, 2026

Mark Walter Has Been Here Before. What Happens Next?

“There’s fraud here,” one expert tells FOS.
Golf - LIV Golf - United Kingdom - JCB Golf and Country Club, Uttoxeter, Britain - July 24, 2026 Crushers GC's Bryson DeChambeau in action as he hits a tee shot on the first hole during the second round
First at FOS
August 18, 2026

Production Company Sues LIV for $1.2M in Missed Payments

Fresh Tape managed logistics and on-site production for a LIV event in Florida.
August 14, 2026

MSG Gets Major Win in Ninth Year of Charles Oakley Legal Battle

A judge granted summary judgment in MSG’s favor.
August 14, 2026

Cubs, Nationals in Trademark Fight with WNBA Over ‘The W’

The baseball teams claim the league’s filing could cause “confusion.”