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Jacksonville Jaguars ‘ask FanDuel to return $20m stolen by Amit Patel’ after former employee pleaded guilty to transferring funds from a virtual credit card to the betting site
Patel stole $22m from the Jaguars through their virtual credit card systemBut FanDuel is unwilling to reimburse the NFL team for any of the stolen fundsDailyMail.com provides all the latest international sports news
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The Jacksonville Jaguars have asked FanDuel to return either some or all of the $20million a former employee lost on the betting site after stealing funds from their virtual credit card, according to reports.
Amit Patel, a former financial manager for the Jaguars, pleaded guilty to stealing $22m through a virtual credit card system used for expenses in Jacksonville at a Florida court back in December.
As well as placing a series of big-money online bets, Patel was accused of using the stolen funds to buy two vehicles – a Tesla and Nissan pickup truck – a condominium in nearby Ponte Vedra Beach, a designer watch for $95,000 and cryptocurrency.
According to ESPN, he lost approximately $20m of the money on daily fantasy and sports bets on FanDuel, who are said to have assigned him a VIP host.
Patel is also believed to have lost $1m on rival betting site DraftKings.
Though despite calling for the company to reimburse them for the $20m in stolen proceeds, FanDuel is unwilling to pay any money back to the Jaguars.
While discussions between the two parties are ongoing, a source is quoted as saying: ‘The way they [FanDuel] see it… we got this money fair and clear. It’s not our problem that we have to forfeit it back to you.’
