Connect with us

Finances

Jacksonville Jaguars Need FanDuel to Refund $20M Stolen by a Group Finance Supervisor

Published

on

Spread the love

An NFL crew needs hundreds of thousands again from a sports activities betting service.

The Jacksonville Jaguars, a crew that lately came upon {that a} finance supervisor stole some $22 million and misplaced most of it on sports activities bets with FanDuel, a web-based betting service, has requested FanDuel to refund the cash, ESPN.com reported.

Advertisement

Amit Patel, who labored for the Jaguars for 5 years, pleaded responsible in December to stealing the millions by the usage of a digital bank card the crew used for bills. About $20 million was paid on to FanDuel, and one other $1 million to DraftKings, a rival on-line betting website, ESPN mentioned, citing educated sources.

It’s unclear if the crew has a lot of an opportunity to get better the cash. Federal anti-money-laundering legal guidelines seem to require sports activities betting operations to make sure that funds weren’t illegally obtained. However the guidelines might not apply to day by day fantasy video games, the sports activities information website reported.

Advertisement

Patel’s sentencing has been set for March. He might resist 30 years in jail.

Matters
Fraud

Advertisement

Was this text beneficial?

Advertisement


Advertisement

Listed below are extra articles chances are you’ll get pleasure from.

Advertisement

All in favour of Fraud?

Get computerized alerts for this subject.

Advertisement
Advertisement
Advertisement
Click to comment

Leave a Reply

Your email address will not be published.