• Loading stock data...
Thursday, October 17, 2024
The 2024 Best College Athletic Departments Are Here See the winning departments

Ex-Jags Employee Accused of Stealing $22M, Going on Massive Shopping Spree

  • Executive accused of using team funds to fund lavish personal lifestyle.
  • NFL team cooperating with federal authorities.
Charles LeClaire-USA TODAY Sports

In a saga resembling an NFL version of the George Santos political scandal, a former Jacksonville Jaguars employee has been accused of stealing more than $22 million from the team by taking advantage of a virtual credit card program to fund his own lavish lifestyle.

According to a story first published by The Athletic, Amit Patel, who worked for the team from 2018-23 in various financial planning roles, has been charged in the U.S. District Court for the Middle District of Florida with using that team program to buy a series of luxury goods. 

Among the items Patel is alleged to have acquired for himself using team funds:

• Condo in Ponte Vedra Beach, Florida

• Tesla Model 3 sedan and Nissan pickup truck

• Use of private jets and luxury hotels

• $95,000 Patek Philippe watch

• Cryptocurrency and NFTs

• Bets with online gambling sites

• Sports memorabilia and event tickets

Jacksonville wasn’t named in the suit, which refers to the team as “Business A,” but the Jaguars have confirmed they were victimized by Patel and are cooperating with federal officials.

“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 activity at the team’s expense for personal benefit,” the Jaguars said in a statement. 

The alleged scheme ran for more than three years. The Jaguars fired Patel in February, and he now faces one count of wire fraud and another of making illegal monetary transactions.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Netflix Shares Rise on Strong Earnings As Christmas NFL Games Lie Ahead

The next two months will include the Tyson-Paul fight and the NFL Christmas Day games.

Why WNBA’s Next CBA Negotiations Have Huge Ramifications

The WNBA will roughly triple its media-rights revenue by 2026.
podcast thumbnail mobile
Front Office Sports Today

Rays’ Stadium Won’t Be Ready by Opening Day. What Now?

0:00

Featured Today

Sep 15, 2024; Kansas City, Missouri, USA; Kansas City Chiefs fans celebrate after a touchdown by Kansas City Chiefs wide receiver Rashee Rice (4) during the first half against the Cincinnati Bengals at GEHA Field at Arrowhead Stadium.

‘This Is My Whole Life’: How Swifties Became NFL Superfans

The “Chiefties” have arrived. And they are “fully committed” to football.
Sep 21, 2024; Boulder, Colorado, USA; Colorado Buffaloes quarterback Shedeur Sanders (2) walks through Buff Walk before the game against the Baylor Bears at Folsom Field.
opinion
October 11, 2024

The NIL Era Is a Wild West. Is Anyone Surprised?

Amateurism is dead and college athletes are professionals. How’s that working out?
October 11, 2024

‘We’re Ready for FBS’: Sacramento State Is Serious About the Jump

How the Hornets got themselves on the short list of potential call-ups.
Duante' Abercrombie News Ch.4 interview
October 9, 2024

Tennessee State’s Ambitious Plan to Launch an HBCU Hockey Program

TSU has big plans, but the university is facing an existential dilemma.
October 10, 2024

Jaguars Doubling Down on London Games. Is That a Good Thing?

The Jaguars arrive in London on Friday for a 10-day stay.
October 15, 2024

From Tuck Rule to Team Owner: Tom Brady Secures Stake in Raiders

The seven-time Super Bowl winner is now an NFL team owner.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
October 10, 2024

Twins Hit the Market: Pohlad Family Looks to End Four-Decade Ownership

The MLB club’s ownership is among the longest-tenured in the league.
Sep 27, 2024; Las Vegas, Nevada, USA; Utah Hockey Club forward Ben McCartney (62) directs a team mate before a face off against the Vegas Golden Knights during the second period at T-Mobile Arena
October 9, 2024

Beer Sales Set Record at Utah Hockey Club Debut Game

Beer sales beat any NBA or NHL game at the Delta Center in its history.
Oct 8, 2024; Salt Lake City, Utah, USA; The Utah Hockey Club is introduced to the fans before the game against the Chicago Blackhawks at Delta Center.
October 9, 2024

Nothing Obstructs Utah Hockey Club’s NHL Debut

The team pulled off a victory in its inaugural game at the Delta Center.
October 8, 2024

Ryan Smith Sees Salt Lake City As Next Vegas-Like Sports Town

Utah Hockey Club’s owner says all the pieces are falling into place.