Amit Patel, a former employee of the Jacksonville Jaguars, has been sentenced to six years in federal prison for embezzling over $22 million from the team. Patel's sentencing comes after he pleaded guilty to two counts of wire fraud and illegal monetary transactions, admitting to using the team's virtual credit card for personal gain between 2019 and 2023.
Initially facing a potential sentence of up to 30 years, Patel will now spend the next 78 months behind bars. In addition to his prison term, he has been ordered to serve three years of supervised release and pay $21.1 million in restitution.
Investigations revealed that Patel transferred approximately $20 million to a bookmaker, splurged $95 thousand on a Patek Philippe wristwatch, and contributed nearly $600 thousand towards Apple purchases. His actions have led to significant financial losses for the Jacksonville Jaguars organization, prompting stringent legal repercussions.
Patel's sentencing serves as a stark reminder of the serious consequences of white-collar crimes and underscores the importance of maintaining integrity and accountability in professional settings.