Former Jaguars Financial Manager Sentenced to 78 Months for $22M Fraud
Amit Patel, the ex-financial manager for the Jacksonville Jaguars, received a 78-month prison sentence after pleading guilty to stealing over $22 million through fraudulent transactions.
- Amit Patel, 31, was sentenced in U.S. District Court in Jacksonville for wire fraud and making illegal monetary transactions.
- Patel's theft, described as 'complex' by prosecutors, went unnoticed for 40 months, involving hundreds of fraudulent transactions.
- Despite returning $1.89 million, Patel faces a restitution of over $21 million, a sum the judge noted he is unlikely to ever repay.
- Patel's defense highlighted his struggle with alcohol and gambling addiction, stating that he gambled away approximately 99% of the stolen funds.
- The Jacksonville Jaguars have implemented additional checks and balances to prevent future incidents, emphasizing Patel was a 'rogue employee'.