JOURNAL ARTICLE

Ex-Jacksonville Jaguars Executive Accused of Stealing $22 Million From NFL Team.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Van Voris, Bob 3 of 3

Abstract

A former executive of the Jacksonville Jaguars has been accused of stealing over $22 million from the NFL team. Amit Patel, the team's former manager of financial planning and analysis, plans to plead guilty to fraud. Patel's lawyer claims that his client's embezzlement was driven by an addiction to online sports betting. Patel allegedly used the stolen funds to support a luxurious lifestyle, including private jet travel and the purchase of expensive items such as a $95,000 watch. The Jaguars have cooperated with investigators and stated that no other employees were aware of the fraud. Patel is currently in treatment for his gambling addiction. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/12, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2023
  • Accession Number:174063300
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