Jaguars Reportedly Seeking Up to $20M from FanDuel in Payment Dispute

Posted on: February 5, 2024, 11:39h. 

Last updated on: February 5, 2024, 11:39h.

The Jacksonville Jaguars are demanding that FanDuel pay them up to $20M, according to ESPN.

Amit Patel
Amit Patel, pictured above. The former Jaguars’ employee is to be sentenced next month for a theft scheme. (Image: First Coast News)

The money was stolen by a former employee of the Jacksonville, Fla., NFL team. The employee gambled on fantasy and sports events offered by FanDuel.

The former Jaguars employee, Amit Patel, pleaded guilty to wire fraud and monetary transaction charges in December.

Virtual Credit Card

He used a Jaguars’ virtual credit card (VCC) to swipe the money. Patel was the administrator of the team’s VCC system.

Patel disguised the illegal activity by identifying “reoccurring VCC transactions, such as catering, airfare, and hotel charges, and then duplicated those transactions; he inflated the amounts of legitimate reoccurring transactions; he entered completely fictitious transactions that might sound plausible, but that never actually occurred,” a court filing revealed.

Patel also lost some $1M while wagering on FanDuel’s competitor DraftKings.

He also spent money on what ESPN called an “extravagant lifestyle.” He chartered private jets, stayed at fancy hotels, joined a country club, and wore a $95K watch, ESPN reported. He also drove a Tesla and Nissan pickup truck, the reported.

Patel’s attorney, Alex King, denied his client used stolen money to fund his lifestyle, ESPN added. Patel is “deeply remorseful” over his actions, King further revealed.

Florida-based news outlet, First Coast News, also reported that King revealed that “almost the entirety of the funds Mr. Patel used… were spent on the gambling websites and efforts to win money back, with the anticipation he would repay the funds with the winning and make the Jaguars whole.”

The total amount he spent on online wagering was $22,221,454.40, prosecutors said.

He was fired by the team in February 2023 after the theft, which ran between 2019 and 2023.

When Patel is sentenced on March 12, he could get 30 years in prison and pay up to $500K in fines.

Claims Gambling Disorder

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

The Jaguars said in a prior statement that they “engaged experienced law and accounting firms to conduct a comprehensive independent review, which concluded that no other team employees were involved in or aware of his criminal activity.”

Representatives from the Jaguars, FanDuel, and the NFL continue to meet to reach a “settlement” in the case, according to ESPN.

The way they [Fan Duel] see it … we got this money fair and clear. It’s not our problem that we have to forfeit it back to you,” an unnamed source told ESPN.

Under the law, FanDuel must make sure money spent on its website was obtained properly, the reported.

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