Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Who Is Amit Patel? Former Jaguars Employee Accused of Stealing More Than $22 Million From Team

Who Is Amit Patel? Former Jaguars Employee Accused of Stealing More Than $22 Million From Team


Jacksonville Jaguars quarterback Trevor Lawrence went down with an ankle injury on Monday night. The team is eagerly awaiting his return. That’s in stark contrast to a former team employee, Amit Patel, to whom the Jags showed the door earlier this year.

The shocking details behind Patel’s release recently came to light.

Who Is Amit Patel and What Crimes Is He Accused of?

Amit Patel is a former Jaguars team employee and is accused of stealing a gargantuan $22 million sum over five years from 2019 to 2023. During his time with the team, Patel reportedly sported the title of financial planning and analysis manager.

MORE: Shahid Khan Net Worth — How Did Jaguars Owner Make His Fortune?

Patel’s listed duties, as per The Athletic, included reviewing the team’s monthly financial statements and department budgets, and he was an administrator for the team’s virtual credit card program. Evidently, this power over the team’s finances proved too tempting for Patel to resist taking advantage.

Patel’s alleged crimes were very white-collar in nature. The court filing claims that he hid transactions by identifying “reoccurring VCC transactions, such as catering, airfare, and hotel charges, and then duplicated those transactions; he inflated the amounts of legitimate reoccurring transactions; he entered completely fictitious transactions that might sound plausible but that never actually occurred.”

According to the same piece by The Athletic, Patel used the misappropriated funds to make several large purchases, including two vehicles, a condominium, and a designer watch worth over $95,000. He also brazenly used that money to acquire cryptocurrency and to place wagers on online gambling sites.

The Jaguars unsurprisingly cut ties with Patel when they became privy to his suspected crimes in February of this year. The team recently released a statement confirming they’d been the victim of an internal, financial crime.

“We can confirm that in February 2023, the team terminated the employment of the individual named in the filing,” the Jaguars said in a statement. “Over the past several months we have cooperated fully with the FBI and the U.S. Attorney’s Office for the Middle District of Florida during their investigation and thank them for their efforts in this case.

“As was made clear in the charges, 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 financial activity at the team’s expense for personal benefit.”

If the cited figure of $22 million is accurate, then Patel got to live like one of the NFL stars whose finances he helped to oversee for the better part of a half-decade. However, the Jaguars’ organization would clarify that he did not impact the team strategically.

“This individual had no access to confidential football strategy, personnel, or other football information. The team engaged experienced law and accounting firms to conduct a comprehensive independent review, which concluded that no other team employees were involved in or aware of his criminal activity.”

Want to predict the rest of the 2023 season with our FREE NFL Playoff Predictor? Looking for the most up-to-date NFL standings? What about a breakdown of team depth charts or the NFL schedule? Pro Football Network has you covered with that and more!



Source link

This website aggregates and curates news articles, blog posts, and other content from a variety of external sources. While we aim to link back to the original source, this site does not own or claim ownership of any articles, posts, or other content indexed on this site. The views, opinions, and factual statements expressed in each piece of aggregated content belong solely to its respective author and publisher. We make no representations or warranties regarding the accuracy or completeness of aggregated content. Visitors are advised to verify facts and claims through the original source before reuse or redistribution.