Jacksonville Jaguars Want FanDuel to Return $20M Gambled on Site

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Posted on: February 5, 2024, 11:39h. 

Last updated on: February 5, 2024, 02:21h.

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The Jacksonville Jaguars pro shot squad is seeking to person FanDuel salary backmost $20M successful costs embezzled from nan squad by a erstwhile employee. The costs were subsequently gambled distant connected nan sports betting site, according to ESPN.

Amit PatelAmit Patel, pictured above. The erstwhile Jaguars worker is to beryllium sentenced adjacent period for a theft scheme. (Image: First Coast News)

The loot was stolen by an ex-employee of nan Jacksonville, Fla., NFL squad who gambled connected imagination and sports events offered by FanDuel.

The erstwhile Jaguars employee, Amit Patel, pleaded blameworthy to ligament fraud and monetary transaction charges successful December. Patel admitted utilizing a Jaguars’ virtual in installments paper (VCC) to swipe nan money. Patel was nan administrator of nan team’s VCC system.

He hid nan forbidden activity by identifying “reoccurring VCC transactions, specified arsenic catering, airfare, and edifice charges, and past duplicated those transactions; he inflated nan amounts of morganatic reoccurring transactions; he entered wholly fictitious transactions that mightiness sound plausible, but that ne'er really occurred,” a tribunal filing revealed.

Big Spender

Patel besides mislaid immoderate $1M while wagering connected FanDuel’s competitor, DraftKings.

Patel utilized nan money to support an “extravagant lifestyle” that included chartering backstage jets, staying astatine fancy hotels, joining a state club, and wearing a $95K watch, according to reports from ESPN. Patel’s attorney, Alex King, denied his customer utilized stolen money to money his lifestyle, telling ESPN that Patel is “deeply remorseful” complete his actions.

Florida-based news outlet First Coast News reported that King revealed that “almost nan entirety of nan costs Mr. Patel utilized … were spent connected nan gambling websites and efforts to triumph money back, pinch nan anticipation he would repay nan costs pinch nan winning and make nan Jaguars whole.”

Prosecutors said nan full magnitude he spent connected online wagering was $22,221,454.40. The squad fired Patel successful February 2023 aft nan theft was discovered. The theft occurred betwixt 2019 and 2023.

When Patel is sentenced connected March 12, he could get 30 years successful situation and salary up to $500K successful fines.

Claims Gambling Disorder

In December, Patel testified successful tribunal he suffers from a “gambling disorder.” He receives therapy for his disorder, ESPN reported.

In a anterior statement, nan Jaguars said, “The squad engaged knowledgeable rule and accounting firms to behaviour a broad independent review, which concluded that nary different squad labor were progressive successful aliases alert of his criminal activity.”

Representatives from nan Jaguars, FanDuel, and nan NFL proceed to meet to scope a “settlement” successful nan case, according to ESPN.

The measurement they [Fan Duel] spot it … we sewage this money adjacent and clear. It’s not our problem that we person to forfeit it backmost to you,” an unnamed root told ESPN.

Under nan law, FanDuel must make judge money spent connected its website was obtained properly, nan DailyMail.com reported.

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