Jacksonville, Florida. – A former Jacksonville Jaguars employee is accused of stealing more than $22 million by using the company’s virtual credit card program and spending it on personal purchases. According to court documents obtained by News4JAX, those purchases included two cars, cryptocurrency and lavish vacations.
According to a seven-page federal filing by an organization called “Business A,” Amit Patel worked for the organization and helped prepare monthly financial statements, oversee the department’s budget and perform other administrative duties.
Business A is not named as the Jaguars in the document, but the Jaguars confirmed to The Athletic that it is the undisclosed business in the court filing. Patel is listed in the Jaguars 2022 media guide as financial planning and analytics manager under the finance and business planning department.
Federal documents state that Patel had access to Jaguar’s Virtual Credit Card (VCC) to make business-related purchases or cover business-related expenses. The document stated that it was not for personal use.
According to the filing, Patel was the only person in the program that started in October 2019.
Patel is accused of spending a little more than $22,221,000 in fraudulent VCC transactions from September 2019 to February 2023, when he was fired, the document said.
The filing accuses Patel of gambling online, buying a condo in Ponte Vedra Beach and using the money to pay travel expenses for himself and his friends, including private jets, luxury hotel stays and private homes. Rent is included.
The document says Patel also purchased a Tesla Model 3 and a Nissan pickup truck, hired a criminal defense attorney, purchased cryptocurrencies, electronics, sports memorabilia, a country club membership, spa treatments, concerts and Bought sporting event tickets, household items and $95,000. Watch.
News4JAX has reached out to Jaguar for comment, but we have not yet heard back.
According to the filing, Patel covered his tracks by not accurately reporting his virtual credit card transactions while working for the team and instead creating integration files containing false entries, which he would email to the team’s accounting department. It said they also found legitimate transactions and copied them.
Patel has been charged with wire fraud and illegal monetary transactions. He waived the charge and chose to be charged by information.
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