Former Jaguars worker accused of stealing greater than $22M from staff to purchase rental, crypto, automobiles – Motion Information Jax

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JACKSONVILLE, Fla. — A former worker who labored for the Jacksonville Jaguars has been accused of stealing greater than $22 million from the group.

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In court docket paperwork obtained by Motion Information Jax from the U.S. District Courtroom in Jacksonville, Amit Patel was the supervisor of economic planning and evaluation for the staff. His duties included getting ready monetary statements, overseeing division budgets, and performing because the administrator of varied packages, together with the enterprise’s digital bank card (VCC) program.

It was the digital bank card program that Patel is accused of exploiting for monetary achieve.

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The company VCC program was used equally to a bank card however with out the necessity to use a bodily card. In response to the paperwork, VCCs have been used for business-related purchases or bills.

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“As a part of the defendant’s scheme, quite than precisely report his VCC transactions, the defendant (Patel) created integration recordsdata that contained quite a few false and fraudulent entries and emailed them to Enterprise A’s (Jaguars) accounting division,” the court docket paperwork learn. “He used quite a lot of strategies to cover his illicit transactions by omitting them from the combination recordsdata, whereas nonetheless having the full greenback quantity of VCC expenditures match the balances paid by Enterprise A for the VCC program line of credit score.”

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An instance was Patel duplicating fees used for reputable staff purchases corresponding to catering, airfare, and resort stays. He would then inflate the quantities of {dollars} spent on these transactions. It appeared like real looking fees he was submitting however actually, they by no means truly passed off.

Among the private purchases Patel is accused of creating from the rip-off embody a condominium in Ponte Vedra Seashore, a Tesla Mannequin 3 sedan, a Nissan pickup truck, a Patek Philippe Nautilus watch value over $95K, and cryptocurrency. He additionally spent the stolen cash to lodge a retainer with a prison protection regulation agency, buy sports activities memorabilia, a rustic membership membership, live performance and sporting occasion tickets, place bets with on-line playing web sites, and personal jet charters.

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Whereas court docket paperwork don’t title the Jaguars and discuss with them as “Enterprise A”, the staff did affirm Patel’s alleged scheme.

“We are able to affirm that in February 2023, the staff terminated the employment of the person named within the submitting. Over the previous a number of months we now have cooperated absolutely with the FBI and the U.S. Lawyer’s Workplace for the Center District of Florida throughout their investigation and thank them for his or her efforts on this case. As was made clear within the fees, this particular person was a former supervisor of economic planning and evaluation who took benefit of his trusted place to covertly and deliberately commit vital fraudulent monetary exercise on the staff’s expense for private profit. This particular person had no entry to confidential soccer technique, personnel or different soccer data. The staff engaged skilled regulation and accounting companies to conduct a complete impartial evaluation, which concluded that no different staff workers have been concerned in or conscious of his prison exercise.”

—  Jacksonville Jaguars

The US Lawyer’s Workplace charged Amit Patel with wire fraud and unlawful financial transaction.

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