{"id":2118622,"date":"2023-12-07T12:58:02","date_gmt":"2023-12-07T17:58:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ex-employee-charged-for-stealing-22m-from-jacksonville-jaguars-for-luxury-shopping-spree\/"},"modified":"2023-12-07T13:05:15","modified_gmt":"2023-12-07T18:05:15","slug":"ex-employee-charged-for-stealing-22m-from-jacksonville-jaguars-for-luxury-shopping-spree","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/ex-employee-charged-for-stealing-22m-from-jacksonville-jaguars-for-luxury-shopping-spree\/","title":{"rendered":"Former employee accused of stealing $22M from Jacksonville Jaguars for lavish shopping spree"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fex-employee-charged-for-stealing-22m-from-jacksonville-jaguars-for-luxury-shopping-spree%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2118622&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Arden Key #49 of the Jacksonville Jaguars celebrates after recovering a fumble in the fourth quarter of the game against the Tennessee Titans \u2063at Nissan Stadium on December 11, 2022 in Nashville, Tennessee. (Photo \u2064by Wesley Hitt\/Getty Images)<\/figcaption><\/figure>\n<h2>OAN\u2019s <a href=\"https:\/\/www.oann.com\/tag\/james-meyers\">James Meyers<\/a><br \/>9:54 AM \u2013 Thursday, December 7, 2023<\/h2>\n<p>An ex-employee of the Jacksonville Jaguars has been charged\u2062 for stealing $22 million from \u200bthe \u2063team\u200c and\u2063 spending it\u2062 on \u200bluxurious items such as cars, a condo, a $95,000 watch and more. <\/p>\n<div id=\"div-gpt-ad-1663871513696-art-3\" style=\"min-width: 320px; min-height: 50px; text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-3'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>According to documents filed on\u200d Monday in the \u200cJacksonville division of the \u200cU.S. District Court\u200b for the Middle District\u200b of Florida, Amit Patel held sole authority of the ability to approve charges\u2064 to the team\u2019s \u200bvirtual\u200b credit \u2062card,\u2062 which is a charge\u200b account\u2064 that\u2063 does not\u200b require a physical credit card. <\/p>\n<p>According to prosecutors, \u2063Patel made $22.2 million in charges dating\u2062 back to September 2019 up to his termination in February\u2064 of this year, which he altered \u2064documents in an attempt to cover up the charges. He\u200d has been charged with\u200d wire fraud and making an illegal \u200bmonetary transaction. <\/p>\n<p>Additionally, \u200cPatel was only allowed to\u2062 use the credit card for business\u2062 expenses but charged the franchise for other luxurious items. The items include a condo valued at \u2064$265,830, a \u200cTesla Model 3 Sedan, cryptocurrencies, gambling, NFTs, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/climate-czar-john-kerry-on-private-jet-travel-its-the-only-choice-for-somebody-like-me\/\" title=\"Climate Czar John Kerry On Private Jet Travel: \u2018It\u2019s The Only Choice For Somebody Like Me\u2019\">private jet travel<\/a>, private residence rentals, and the retainer fee for a criminal defense \u200dlaw firm among other things. <\/p>\n<p>It is \u200balleged that in order to avoid being detected of the large transactions, Patel created an elaborate scheme to \u2062siphon money.<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cFor example, to hide his fraudulent VCC transactions, the defendant identified legitimate reoccurring VCC transactions, such as catering, \u200cairfare, and hotel charges,\u2064 and then duplicated \u200dthose\u2063 transactions,\u201d according\u200c to\u2062 the the court documents.<\/p>\n<\/blockquote>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cHe inflated\u200b the amounts of legitimate \u2063reoccurring VCC transactions; he entered completely fictious transactions that might sound plausible, but \u2063that never actually occurred; and he moved \u2063legitimate VCC chargers from upcoming months into the month of the integration file that was immediately due to the accounting \u2062department.\u201d<\/p>\n<\/blockquote>\n<p>The Jaguars hired Patel in \u200c2018 as coordinator, financial planning\u2063 and analysis. He later \u2063became a manager \u200bin the same \u2064department. <\/p>\n<p>Meanwhile, Patel waived his right to an indictment and the\u200d case will continue based on the sworn information filed by federal prosecutors. <\/p>\n<p>The team has also said that they \u200care cooperating with the FBI, and that law enforcement has\u2064 determined no other employees\u00a0were \u2062involved in the alleged scheme.<\/p>\n<p>Stay informed! Receive breaking news blasts directly to your inbox for\u200b free. \u2062Subscribe here. <a href=\"https:\/\/www.oann.com\/alerts\">https:\/\/www.oann.com\/alerts<\/a><\/p>\n<\/p>\n<div id=\"rc-widget-10bad2\" data-rc-widget data-widget-host=\"habitat\" data-endpoint=\"\/\/trends.revcontent.com\" data-widget-id=\"278641\"><\/div>\n<p class=\"dpsp-share-text\" style=\"margin-bottom:10px\"> \t\t \t\t\u200b\t\tShare this post!\t<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Rep. Mary Miller<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Dan Schneider<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Dr. Jeff \u2062Barke<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with David Horowitz<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Meta Platforms will add \u2063invisible watermarking to its text-to<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/meta-to-introduce-watermarking-feature-for-some-ai-products\/\" title=\"Meta is adding a watermarking feature to certain AI products\">-image generation product imagine<\/a> with Meta AI chatbot\u200d in the coming weeks to enhance transparency.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Alphabet introduced its most advanced\u2063 artificial intelligence model\u200c capable of crunching different forms of \u200dinformation such as video, audio and text.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Unidentified governments are <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-pledges-3b-to-green-climate-fund-at-cop28\/\" title=\"U.S. commits B to Green Climate Fund at COP28\">surveilling smartphone\u2064 users<\/a> via their apps\u2019 push notifications.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Elon Musk \u200dsaid his \u2064company xAI was not\u200c raising funds \u201cright now\u201d \u2064after the startup\u200b filed with the U.S. securities regulator to raise up to $1 billion in an equity offering.<\/p>\n<\/p><\/div>\n<p> rnrn  <\/p>\n<h2> What were the \u2064specific \u200dfraudulent activities that Amit Patel engaged in using the team&#8217;s virtual credit card?<\/h2>\n<p><span>  \u200d Nning and analysis. \u200cHis position gave him access \u200band control over the team&#8217;s virtual credit card, which he used to\u2062 make unauthorized transactions \u200cfor personal gain. Patel&#8217;s fraudulent activities went undetected for several years until an internal investigation uncovered the discrepancies.<\/p>\n<p>The charges\u200d against Patel include wire fraud and making an illegal\u2064 monetary transaction. These charges carry \u200csevere penalties, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/santa-monica-man-pleads-guilty-in-cryptocurrency-case\/\" title=\"Santa Monica man admits guilt in cryptocurrency case.\">including hefty fines<\/a> and potential\u2064 imprisonment. If convicted, Patel could\u200d face a significant prison sentence and be \u2062required to make restitution for the stolen funds.<\/p>\n<p>The\u200d extent of Patel&#8217;s embezzlement is \u200cstaggering. Over the course of four years, he\u200c managed \u200dto amass $22.2\u2064 million in unauthorized charges. These charges were used to \u200dfund a \u2063lavish lifestyle filled \u2062with luxury items and extravagant experiences. Some of\u200b the notable purchases include a $95,000 watch, a Tesla Model 3\u200d Sedan, and a condo valued at $265,830.\u200c Additionally, Patel engaged in\u200b cryptocurrency \u2064investments, gambling, and acquiring non-fungible tokens (NFTs). He \u200dalso utilized \u2062private jet travel and\u2062 rented private residences.<\/p>\n<p>To conceal \u2063his\u2063 fraudulent activities,\u200d Patel devised a \u200csophisticated scheme. He \u200bmanipulated legitimate recurring transactions by\u2063 inflating their amounts and creating \u2064fictitious transactions that appeared plausible. He also moved legitimate charges \u200bfrom future \u200cmonths\u200c into the current month,\u2063 making it difficult for the accounting department to detect \u200ddiscrepancies.<\/p>\n<p>The\u2062 Jacksonville\u200b Jaguars organization \u2062is understandably shocked\u200c and dismayed by\u200c Patel&#8217;s actions.\u2064 In a statement,\u2062 the \u2064team expressed their disappointment\u200d and emphasized\u2062 their commitment to fully cooperate with the ongoing\u200c investigation. They assured \u2063fans and stakeholders \u200dthat \u2062this incident does not \u2064reflect \u200dthe values and principles of the\u2062 organization and that they are taking steps to prevent such incidents in the future.<\/p>\n<p>The case highlights the importance of strong internal\u2063 controls and audits within businesses. It serves as a reminder that no organization is\u2064 immune to the risk of fraudulent activities, and thorough checks \u2063and balances must be in place to safeguard against such occurrences. Prompt detection and swift action are \u2063crucial to limit the damage \u2063caused by fraudulent employees.<\/p>\n<p>As the\u2064 legal \u2062proceedings unfold, the Jacksonville Jaguars and the U.S. District Court will ensure that\u200b justice\u2064 is served. Patel, if\u200c found guilty, will face the consequences of his actions, and the \u2062stolen funds may be recovered to the extent possible.<\/p>\n<p>The\u2064 case of Amit Patel and the Jacksonville\u200c Jaguars serves as a cautionary tale for all\u2063 organizations. It underscores the significance \u2063of implementing\u200b robust systems and procedures to prevent and detect \u2064fraudulent\u2062 activities. Trust in employees should never be absolute, and constant vigilance and oversight are necessary to protect the financial integrity\u200b of businesses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An ex-Jacksonville Jaguars employee, Arden Key #49, celebrates recovering a fumble in the fourth quarter against the Tennessee Titans at Nissan Stadium on December 11, 2022, in Nashville, Tennessee. (Photo by Wesley Hitt\/Getty Images) OAN\u2019s James Meyers 9:54 AM \u2013 Thu, Dec 7, 2023<\/p>\n","protected":false},"author":2301,"featured_media":2118623,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2118622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2118622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2301"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2118622"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2118622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2118623"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2118622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2118622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2118622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}