Sportsbook refusing to return $20 million stolen from Jaguars by former team employee to gamble: reports – saimmalik


A former Jacksonville Jaguars worker lately pleaded responsible to stealing $22 million from the group. He reportedly used a big bulk of it to gamble.

Now, FanDuel, the online sportsbook the place the cash was wagered – and misplaced – is reportedly unwilling to present the group the cash again.

Amit Patel, first employed by the group in 2018, is claimed to have exploited the team’s credit card program, utilizing the cash to purchase two autos, a condominium, a $100,000 watch, sports activities memorabilia, a rustic membership membership, live performance tickets and spa therapies and different private bills.

CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM

The 50-yard line with the Jacksonville Jaguars brand on the sphere previous to an AFC Wild Card playoff sport between the Jacksonville Jaguars and the Los Angeles Chargers at TIAA Financial institution Discipline on Saturday, January 14, 2023, in Jacksonville, Florida.  (Perry Knotts/Getty Photos)

Patel’s lawyer, Alex King, stated that Patel didn’t use the cash to stay lavishly however quite used it in a “horribly misguided effort to pay again earlier playing losses.” King says Patel has a “playing dysfunction,” which he’s receiving remedy for.

Patel, stated to be “the largest loser ever on FanDuel” and a “legendarily dangerous” bettor, reportedly misplaced $20 million on each day fantasy and different wagers by means of the sportsbook, all of which was taken by way of the group’s VCC.

FanDuel and the Jaguars didn’t instantly reply to a request for remark. Nevertheless, ESPN says the Jaguars and NFL are working on a “settlement.” A supply instructed ESPN that FanDuel had acquired the cash “truthful and clear. It isn’t our downside that we’ve got to forfeit it again to you.”

Again in December, the group stated they’d been cooperating with the FBI and different regulation enforcement.

Jaguars helmet

A Jacksonville Jaguars Helmet on the sphere throughout Coaching Camp at Miller Electrical Middle on July 28, 2023, in Jacksonville, Florida.  (Don Juan Moore/Getty Photos)

BETTOR PLACES $200K WAGER ON BROCK PURDY TO WIN SUPER BOWL MVP

“As was made clear within the costs, this particular person was a former supervisor of monetary planning and evaluation who took benefit of his trusted place to covertly and deliberately commit important fraudulent monetary exercise on the group’s expense for private profit,” the group stated on the time.

Patel was in a position to conceal his transactions by “reoccurring VCC transactions, equivalent to catering, airfare and lodge costs, after which duplicated these transactions” and “inflated the quantities of legit reoccurring transactions.”

The group stated that it terminated Patel final 12 months, and he was charged with one depend every of wire fraud and unlawful financial transaction.

Jaguars logo on building

The Miller Electrical Middle, the Jacksonville Jaguars new coaching facility, throughout Coaching Camp on July 26, 2023, on the Miller Electrical Middle in Jacksonville, Florida.  (David Rosenblum/Icon Sportswire by way of Getty Photos)

CLICK HERE TO GET THE FOX NEWS APP

Previous media guides say Patel was a monetary planning and evaluation coordinator, after which supervisor.

Comply with Fox Information Digital’s sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.




Leave a Reply

Your email address will not be published. Required fields are marked *