Posted on 12/23/2023 12:29:46 PM PST by dynachrome
How could this happen?
That question swept through the offices of NFL teams last week after The Athletic broke the news that Amit Patel, 31, a former employee in the finance department of the Jacksonville Jaguars, allegedly stole more than $22 million from the team over a four-year period.
Patel was a mid-level employee who worked for the Jaguars from 2018-23. He allegedly created fraudulent charges on the club’s virtual credit card and then covered his tracks by sending falsified files to the team’s accounting department. According to a charging document, he used that money to buy vehicles, a condominium and a designer watch worth over $95,000. He also purchased cryptocurrency, splurged on luxury travel for himself and others and used the funds to keep a criminal defense lawyer on retainer. Patel’s attorney said that the vast majority of the $22 million he stole were gambling losses; Patel allegedly placed bets on football and daily fantasy sports with online gambling sites.
(Excerpt) Read more at theathletic.com ...
Yep. Like the “high penny roll” the car dealers do. Roll every number up without going over the next dollar amount and nobody ever notices, but it adds up to a nice bass boat or trip to someplace warm for the finance guy.
Amit Patel was hoping to buy a chain of hotels.
Yeah pocket change. For big league money missing you have to go to the Federal government where billions and trillions disappear and no one seems to care.
Reason #27 why I’m glad that I don’t drink,do drugs or gamble.
“According to a charging document, he used that money to buy vehicles, a condominium and a designer watch worth over $95,000. He also purchased cryptocurrency, splurged on luxury travel for himself and others and used the funds to keep a criminal defense lawyer on retainer. Patel’s attorney said that the vast majority of the $22 million he stole were gambling losses; Patel allegedly placed bets on football and daily fantasy sports with online gambling sites.”
I’m glad he didn’t squander the money like a Member of Congress would.
Something doesn’t square here. You have a poonjabber supposedly embezzling from the poonjabber owner. Won’t surprise anyone if it turns out he was the cutout or bagger.
I believe maybe 20 million is hidden somewhere. Checks and balances could have found it very early. Do not have only one person responsible for money.
Let a foreigner get close to your money and your fingers get burnt...
Yeah, like no non-foreigner ever did this 🙄
Yep...
Forgot to include the “/s”...
No; the owner’s niece took an accounting course, back in community college, so she’s in charge... LOL.
Should have bought a few good plsyers.
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