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22 million must be pocket change.
1 posted on 12/23/2023 12:29:46 PM PST by dynachrome
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To: dynachrome
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.

$22M?! Unbelievable.

2 posted on 12/23/2023 12:32:17 PM PST by Rummyfan (In any war between the civilized man and the savage, support the civilized of man on)
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To: dynachrome

I hope Patel had a good sense of humor and bought a Jaguar.


3 posted on 12/23/2023 12:34:12 PM PST by Round Earther
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To: dynachrome

Do they have auditors?

Are NFL teams audited by CPA firms?


4 posted on 12/23/2023 12:34:25 PM PST by Dilbert San Diego
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To: dynachrome

Annnnd....where is he now?


5 posted on 12/23/2023 12:35:38 PM PST by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TThose look good)
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To: dynachrome

Wonder if they at least have some outside accounting firm do an annual internal audit.

This looks really bad and was entirely preventable.


6 posted on 12/23/2023 12:36:22 PM PST by simpson96
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To: dynachrome
Patel’s attorney said that the vast majority of the $22 million he stole were gambling losses;

Gambling losses is a clue.

This is to me larger than one person.

Some exceptionally rough people are involved with sports betting.

7 posted on 12/23/2023 12:51:50 PM PST by fso301
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To: dynachrome

In accounting there’s the concept of immateriality, a quantity of money that’s just not that important. So if you’ve got a million dollar company and you find your books are off $10, it’s not worth the cost to figure out what went wrong, you go with the cash on hand and move on.

The NFL salary cap is $224 million. Plus of course all the other things a team has to pay for. And the revenues that come in to make every team profitable. So you’ve got a company here that’s cycling around half a billion dollars in and out over the course of the year. $5.5 million (what he averaged per year) just ain’t material in that. Heck $22 million straight up barely rates.


9 posted on 12/23/2023 12:59:48 PM PST by discostu (like a dog being shown a card trick)
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To: dynachrome

Would have gone a lot further as a politician.


11 posted on 12/23/2023 1:14:52 PM PST by Track9 (You are far too inquisitive not to be seduced…)
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To: dynachrome

Wow, a $22 million, 5-year contract. He must be a heck of a player.


12 posted on 12/23/2023 1:15:18 PM PST by FoxInSocks ("Hope is not a course of action." — M. O'Neal, USMC)
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To: dynachrome

That will buy a lot of motels.


15 posted on 12/23/2023 1:21:05 PM PST by Hyman Roth
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To: dynachrome
The following is verbiage above the picture:

Who Is Amit Patel? All About Indian-American Accused Of Stealing $22 Million From Football Team
🌐ndtv.com

Who Is Amit Patel? All About Indian-American Accused Of Stealing $22 Million From Football Team

Is this a case of the immigrant doing the stealing that an American wouldn't do?

16 posted on 12/23/2023 1:23:01 PM PST by Robert DeLong
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To: dynachrome
He likely got away with it because what he was doing aligned with the millions his bosses were throwing around for approved but suspicious events.

They're not mad he stole $22 million. They're mad he did what only others were supposed to do and that he exposed how prevalent it is.

18 posted on 12/23/2023 1:24:43 PM PST by T.B. Yoits
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To: dynachrome

They should use him as a tackling dummy until the debt is paid off.


19 posted on 12/23/2023 1:27:00 PM PST by Nachoman (Proudly oppressing people of color since 1957.)
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To: dynachrome

The owner of the Jaguars is a Muslim from Pakistan. Surprised an Islamist would hire a Hindu Indian. Notice how these filthy thieving foreigners are referred to as “American”. /spit


27 posted on 12/23/2023 1:46:43 PM PST by Flavious_Maximus (Tony Fauci will be put on death row and die of COVID!)
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To: dynachrome

"PATEL!!?!?!"

34 posted on 12/23/2023 2:04:12 PM PST by dfwgator (Endut! Hoch Hech!)
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To: dynachrome

Before get TLaw as the QB, I thought it was the PLAYERS that stole the money...not someone in the office. 🤓


36 posted on 12/23/2023 2:11:05 PM PST by Deplorable American1776 (Guns don't kill people, LIBERALS DO!! Support the Second Amendment...)
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To: dynachrome

NFL owners and much of their staff are notoriously stupid and waste tens of millions on complete flop players so why would they notice this?


38 posted on 12/23/2023 2:19:01 PM PST by NWFree (Sigma male 🤪)
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To: dynachrome

Ask Joe and Hunter.


39 posted on 12/23/2023 2:19:45 PM PST by TornadoAlley3 ( I'm Proud To Be An Okie From Muskogee)
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To: dynachrome

Amit Patel was hoping to buy a chain of hotels.


42 posted on 12/23/2023 2:36:09 PM PST by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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To: dynachrome

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.


43 posted on 12/23/2023 2:53:14 PM PST by xp38
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