ForexEzy
No Result
View All Result
  • Top Forex Advisors
    • Best Forex Robots
    • Best Forex Signals
    • Best Managed Accounts
  • Top Forex Brokers
    • Best Forex Brokers
    • US Forex Brokers
    • UK Forex Brokers
    • MT4 Forex Brokers
    • MT5 Forex Brokers
    • Zero Spread Brokers
    • Best PayPal Brokers
    • TradingView Brokers
    • Social Trading Platforms
  • Top Review Platforms
  • Forex Education
    • Getting Started
    • Forex Basics
    • Forex Trading Strategies
    • Money Management
    • Risk Management
    • Technical Analysis
    • Fundamental Analysis
    • Trading Psychology
    • Social Trading
    • Automated Trading
  • Forex Tools
    • Forex Robots
    • Forex Indicators
    • Forex Signals
    • Forex VPS
  • Forex Forecast
  • Crypto
    • Best Crypto Exchanges
    • Best Crypto Bots
    • Crypto Guides & Forecasts
  • Top Forex Advisors
    • Best Forex Robots
    • Best Forex Signals
    • Best Managed Accounts
  • Top Forex Brokers
    • Best Forex Brokers
    • US Forex Brokers
    • UK Forex Brokers
    • MT4 Forex Brokers
    • MT5 Forex Brokers
    • Zero Spread Brokers
    • Best PayPal Brokers
    • TradingView Brokers
    • Social Trading Platforms
  • Top Review Platforms
  • Forex Education
    • Getting Started
    • Forex Basics
    • Forex Trading Strategies
    • Money Management
    • Risk Management
    • Technical Analysis
    • Fundamental Analysis
    • Trading Psychology
    • Social Trading
    • Automated Trading
  • Forex Tools
    • Forex Robots
    • Forex Indicators
    • Forex Signals
    • Forex VPS
  • Forex Forecast
  • Crypto
    • Best Crypto Exchanges
    • Best Crypto Bots
    • Crypto Guides & Forecasts
No Result
View All Result
ForexEzy
No Result
View All Result
The World’s Leading Social Trading Platform
Try now
Home News

Former Jaguars Financial Manager Accused of Stealing Millions

by Administrator Forexezy
December 8, 2023
in News
0
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter
The Best Forex Robots Report Is Already Here!
best forex robots
Check out 30+ best expert advisors with daily updated live results and statistics
Click Here

Gambling Addiction Cited as Motive, Guilty Plea Planned

Jacksonville, Fla. — In a shocking turn of events, a former financial manager of the Jacksonville Jaguars is now facing federal charges for allegedly stealing more than $22 million from the franchise. Amit Patel, the accused, is reportedly battling a severe gambling addiction and intends to plead guilty to resolve the charges brought against him.

Patel’s attorney, Alex King of First Coast Criminal Defense in Jacksonville, revealed in a statement that “approximately 99% of the funds misappropriated” from the team’s virtual credit card program were used for gambling activities. It is said that most of Patel’s gambling occurred on two prominent websites.

The NFL launched an investigation into Patel’s gambling habits earlier this year, resulting in a meeting with him in February. As a consequence of this investigation, the Jaguars first suspended and then terminated Patel’s employment.

King emphasized that his client has recognized the severity of his actions and has taken steps to address his addiction. “Mr. Patel suffers from a serious gambling addiction, and in the spring of this year, checked himself into extensive, inpatient rehabilitation to address his addiction,” King stated. However, he also made it clear that the addiction does not excuse Patel’s behavior, for which he has assumed full responsibility.

Acknowledging that gambling addiction can be difficult to grasp for those unfamiliar with it, King drew a comparison to substance abuse. He explained, “Although incomprehensible to most, a gambling addiction is similar to substance abuse, such that the disorder can stimulate the brain’s dopamine response much like drugs or alcohol do. It provides an uncontrollable urge to keep gambling despite the toll it takes on one’s life and creates a willingness to risk more and more, despite the impact it has.”

Despite Patel’s intentions to win back his losses and repay the misappropriated funds, his gambling addiction persisted, leading to the dire consequences he now faces.

Gambling Scandal Hits Jacksonville Jaguars

A former employee of the Jacksonville Jaguars, Shad Khan’s NFL team, is facing serious charges related to fraud and illegal monetary transactions. Rohan Patel, who served as part of the Jaguars’ staff for five years, has been accused of misusing funds from the organization to support his extravagant lifestyle and cover his previous gambling losses.

According to court documents filed in U.S. District Court, Patel allegedly used the embezzled money for various lavish purchases. This includes buying two vehicles, a condominium in the upscale neighborhood of Ponte Vedra Beach, and a high-end designer watch worth a staggering $95,000. He even dabbled in cryptocurrency investments and continued making bets.

The court filing reveals that Patel’s spending spree didn’t stop there. He also used the misappropriated funds to acquire sports memorabilia, a luxurious membership at a prestigious country club, spa treatments, and tickets to sporting events and concerts. He went as far as chartering private jets for himself and his friends. In addition, he secured the service of a criminal defense law firm by lodging a retainer.

However, Patel’s defense attorney, John King, insists that the funds used for these acquisitions did not come solely from the Jaguars. King claims that most of Patel’s modest residence was paid for using family money and other legitimate sources of income. Instead, Patel allegedly resorted to tapping into the Jaguars’ VCC program in a misguided attempt to repay his prior gambling debts.

Patel now faces charges of wire fraud and illegal monetary transactions. If convicted, he may be forced to forfeit all property and assets that were purchased or funded through these illegal activities.

In response to this scandal, King states that Patel deeply regrets his actions and is genuinely sorry for the harm caused. He expresses remorse for losing his dream job with the Jacksonville Jaguars and damaging the reputation of the organization. Patel is currently undergoing treatment and recovery for his gambling addiction and is committed to seeking ongoing help for the foreseeable future.

The Best Forex Robots Report Is Already Here!
best forex robots
Check out 30+ best expert advisors with daily updated live results and statistics
Click Here
Tags: Financial ManagerGambling AddictionGuilty PleaJacksonville JaguarsStealing
ShareTweet
Previous Post

Broadcom Exceeds Expectations for Fiscal Year 2024

Next Post

Cathay Pacific Orders Airbus Freighters, Dealing a Blow to Boeing

Related Posts

Satoshi Nakamoto, BlackRock, and TechBerry — a new investigation by Newsweek

by Administrator Forexezy
May 28, 2025
0

Newsweek has published a new sensational investigation with a loud headline: “Satoshi Nakamoto, BlackRock, and TechBerry: Who Really Holds the...

Liang Wenfeng: From the AI Trading of TechBerry to DeepSeek’s Game Changing R1 AI model

by Administrator Forexezy
February 11, 2025
0

It was just a couple of weeks ago that the well-known Chinese startup DeepSeek released its AI model to the...

Amid Challenges, Reforms, 15 Insurance Companies Declared N142.2bn PBT in 2024

by Administrator Forexezy
February 9, 2025
0

Despite challenges and the ongoing reforms, 15 insurance companies listed on the Nigerian Exchange Limited (NGX), declared N142.2 billion profit...

These 3 Cryptos Could Explode in 2025, But Which One Will Gain 30x? Tron (TRX), Solana (SOL), or Rexas Finance (RXS)? – Blockonomi

by Administrator Forexezy
February 8, 2025
0

The cryptocurrency world constantly shifts and changes as new projects are started and existing ones are maintained through innovation. As...

US dollar exchange rate continues to decline in Iraq

by Administrator Forexezy
February 4, 2025
0

Baghdad (IraqiNews.com) - The exchange rate for the US dollar compared to the Iraqi dinar declined on Tuesday in the...

Load More

Leave a Reply Cancel reply

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

Best Forex Automated Systems

  • TechBerry 9/10
  • Happy Galaxy 8.5/10
  • Forex Cyborg 8.5/10
  • Forex Fury 8/10
  • FXgoodway 7.5/10
  • Best Forex Brokers
  • Best Forex Robots
  • Best Forex Signals
  • Best Forex Managed Accounts

Top Trading Markets

We are dedicated to demystify the world of forex trading for you – no matter what level you are on.

Categories
  • Automated Trading
  • Crypto Robot Review
  • Cryptocurrency Trading
  • Day Trading
  • Forex Basics
  • Forex Brokers
  • Forex Education
  • Forex Forecasts
  • Forex Indicators
  • Forex Market Commentary
  • Forex Robots
  • Forex Signals
  • Forex Signals
  • Forex Tools
  • Forex Trading Strategies
  • Forex VPS
  • Fundamental Analysis
  • Managed Accounts
  • Money Management
  • News
  • Review
  • Review Platforms
  • Risk Management
  • Social Trading
  • Technical Analysis
  • Top World Traders
  • Trading Apps
  • Trading Psychology
  • Uncategorized
Tags
Acquisition AI Amazon Apple Artificial Intelligence Bitcoin bond yields CEO China earnings earnings report economy Electric Vehicles Federal Reserve financial performance Financial Results forex ea forex software reviews Growth Guidance Housing Market inflation interest rates Investing investment Investors Market Volatility merger mortgage rates net profit Nvidia Oil prices Q2 Results revenue Revenue Growth Sales sales growth Stock Futures stock market stock performance Stocks strategies technology Tesla Video
  • Terms of Use
  • Privacy Policy
  • Compensation Disclosure
  • Risk Disclosure
  • About Us
  • Contact Us

Copyright © 2023 by ForexEzy.com

No Result
View All Result
  • Top Forex Advisors
    • Best Forex Robots
    • Best Forex Signals
    • Best Managed Accounts
  • Top Forex Brokers
    • Best Forex Brokers
    • US Forex Brokers
    • UK Forex Brokers
    • MT4 Forex Brokers
    • MT5 Forex Brokers
    • Zero Spread Brokers
    • Best PayPal Brokers
    • TradingView Brokers
    • Social Trading Platforms
  • Top Review Platforms
  • Forex Education
    • Getting Started
    • Forex Basics
    • Forex Trading Strategies
    • Money Management
    • Risk Management
    • Technical Analysis
    • Fundamental Analysis
    • Trading Psychology
    • Social Trading
    • Automated Trading
  • Forex Tools
    • Forex Robots
    • Forex Indicators
    • Forex Signals
    • Forex VPS
  • Forex Forecast
  • Crypto
    • Best Crypto Exchanges
    • Best Crypto Bots
    • Crypto Guides & Forecasts

© 2023, Forexezy. {copy} {year}