• Loading stock data...
Tuesday, April 16, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds
Law

Former Jaguars Employee Sentenced to Prison for Theft of $22 Million

Charles LeClaire-USA TODAY Sports

Amit Patel, the former Jaguars employee who stole $22 million from the team, was sentenced to six and a half years in prison Tuesday in a U.S. district court. 

The sentence ends a long, wild ordeal in which Patel admitted to stealing a fortune from the team over three and a half years through the Jaguars’ virtual credit card program, which he oversaw. Patel used almost all of the money on gambling, with $20 million being transferred to FanDuel and another $1 million going to DraftKings. The rest of the stolen money funded various purchases at Apple, which totaled $600,000, and more than $40,000 at Amazon and Best Buy combined. 

Patel used some of the money to fund a luxurious lifestyle, transferring $5 million over from his daily fantasy sports accounts to pay for private jet charters and Tiger Woods’s putter from 1996. 

He said he lives with an addiction to gambling and alcohol and that he has sought treatment for both since being fired from Jacksonville. During his hearing, Patel said he’s been sober for more than a year. The NFL’s gambling policy prohibits team and league employees from partaking in any sports gambling, including daily fantasy sports. The Jaguars sought to recoup the stolen money from FanDuel, but it has no legal obligation to give it back. 

“We gave him his dream job,” said Megha Parekh, the Jaguars’ senior vice president and chief legal officer, in a statement in court. “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. “He betrayed us.

“We take no joy in his punishment. Make no mistake, Amit broke our hearts.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

The WNBA Has Huge Ambitions as Caitlin Clark Finally Comes Aboard

Commissioner Cathy Engelbert is aware of the moment in front of the league.

Caitlin Clark’s WNBA Chapter Officially Opens as No. 1 Overall Pick

Clark’s professional career is starting as a member of the Indiana Fever.

Boban’s Stunt Won Clippers Fans Thousands of Dollars of Chicken

High attendance and prices in L.A. are costly for Chick-fil-A.
podcast thumbnail mobile
Front Office Sports Today

Inside the Most-Hyped WNBA Draft in History

0:00
0:00

Featured Today

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.
Mar 31, 2024; Portland, OR, USA; NCAA officials measure the three point line while coaches from the Texas Longhorns and NC State Wolfpack watch with referees in the finals of the Portland Regional of the NCAA Tournament at the Moda Center center.
April 1, 2024

NCAA Has No One to Blame for Latest Women’s March Madness Transgressions

NCAA is still making avoidable mistakes three years after a complete overhaul.
Nov 16, 2015; Bloomington, IN, USA; General view of the championship banners at Assembly Hall prior to the game between Austin Peay and Indiana.
March 31, 2024

How to Make It in Basketball: Become a Manager at Indiana

Inside the Hoosiers’ unglamorous, profoundly rewarding incubator for basketball’s biggest names.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Nike
Multiple - USA Careers
NBA
Multiple - USA Careers
Dunham's Sports
Multiple - USA Careers

A Decade-Long Timeline of the Shohei Ohtani–Ippei Mizuhara Saga

Ohtani’s former interpreter has been federally charged with bank fraud.
April 11, 2024

O.J. Simpson Dies of Cancer at 76, Family Says

The family said that Simpson ‘succumbed to his battle with cancer.’
April 11, 2024

Shohei Ohtani’s Interpreter Stole $16 Million to Cover Gambling Losses, Feds Say

Authorities detailed how Ippei Mizuhara hid bank transfers from Ohtani.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 10, 2024

Shohei Ohtani’s Interpreter Pleading Guilty to New Charges, per Report

Ippei Mizuhara is said to have lost over $4.5M of Ohtani’s money.
April 9, 2024

Texans Minority Owner Accused of Rape Pleads Down to $100 Fine

Loya had faced seven counts, including first-degree rape.
April 5, 2024

‘Baseless Corporate Conspiracy’: Hedge Fund Heats Up Feud Between NBA Owners

The Mat Ishbia–Dan Gilbert feud has exploded into view this week.
April 4, 2024

Former Tottenham Owner Avoids Jail Time in ‘Brazen’ Insider Trading Case

Joe Lewis gets three years’ probation and a $5 million fine.