{"id":33658,"date":"2025-09-12T15:01:44","date_gmt":"2025-09-12T19:01:44","guid":{"rendered":"https:\/\/alofokedeportes.com\/en\/sin-categoria\/fanduel-will-pay-5m-to-the-jaguars-for-stolen-funds-amit-patel-case\/"},"modified":"2025-09-12T15:01:44","modified_gmt":"2025-09-12T19:01:44","slug":"fanduel-will-pay-5m-to-the-jaguars-for-stolen-funds-amit-patel-case","status":"publish","type":"post","link":"https:\/\/alofokedeportes.com\/en\/nfl\/fanduel-will-pay-5m-to-the-jaguars-for-stolen-funds-amit-patel-case\/","title":{"rendered":"FanDuel will pay $5M to the Jaguars for stolen funds, Amit Patel case"},"content":{"rendered":"The Jacksonville Jaguars have reached an agreement with FanDuel, according to sources close to the deal, to compensate for the loss of nearly $20 million stolen by a former team employee.\n\n\n<h2 class=\"wp-block-heading\">Financial Agreement<\/h2>\n\n\nThe agreement, which was finalized in early 2025, involves FanDuel paying the Jaguars approximately $5 million. This agreement comes more than a year after Amit Patel, a mid-level financial manager for the Jaguars, pleaded guilty to stealing $22 million through a virtual credit card system used by the team.\n\nSources indicate that the NFL encouraged the Jaguars and FanDuel, one of the league&#8217;s official betting partners, to reach a resolution. FanDuel was willing to pay the Jaguars to maintain a good relationship with the league.\n\nIn February 2024, it was reported that the Jaguars had requested FanDuel to refund some of the money stolen by Patel. At that time, a source close to the discussions indicated that FanDuel considered the money to have been obtained legitimately.\n\n\n<h2 class=\"wp-block-heading\">Case Background<\/h2>\n\n\nPatel was sentenced in March 2024 to 6 and a half years for wire fraud and illegal monetary transaction. Subsequently, he was transferred to a Duval County jail in July, when Florida state prosecutors charged him with one count of organized fraud in the first degree, which could carry a sentence of up to 30 years in prison.\n\nIn July 2024, the Jaguars sued Patel in a Florida state court, seeking $66.6 million in damages.\n\nIn a recent interview, Patel admitted to having &#8220;illegally borrowed money&#8221; using the Jaguars&#8217; company credit card to bet on games, hoping to win and return the stolen funds.\n\nAccording to court documents, Patel transferred approximately $20 million to FanDuel and $1 million to DraftKings, where he was a high-stakes, high-volume daily fantasy player.\n\nIn October, Patel sued FanDuel in federal court, seeking $250 million in compensatory and punitive damages, alleging that the sportsbook &#8220;exploited&#8221; his gambling addiction and intentionally ignored its responsible gaming and anti-money laundering protocols. Patel claimed that FanDuel should have known he was a problem gambler, as he made more than 1,000 deposits at the sportsbook, each worth $25,000.\n\nPatel was diagnosed with a gambling disorder in March 2023, a month after being fired by the Jaguars, according to a court filing.\n\nFederal authorities disputed Patel&#8217;s claim that his behavior was driven by a gambling addiction. They stated in a court filing that, while working for the Jaguars, Patel led an extravagant lifestyle that included renting private jets, booking luxury hotels, acquiring multiple vehicles, and purchasing cryptocurrencies, a country club membership, spa treatments, and a luxury watch.","protected":false},"excerpt":{"rendered":"<p>The Jacksonville Jaguars have reached an agreement with FanDuel, according to sources close to the deal, to compensate for the loss of nearly $20 million stolen by a former team employee. Financial Agreement The agreement, which was finalized in early 2025, involves FanDuel paying the Jaguars approximately $5 million. This agreement comes more than a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[5660,8624,1095,486],"class_list":{"0":"post-33658","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-nfl","7":"tag-amit-patel","8":"tag-fanduel","9":"tag-jaguars","10":"tag-theft"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/posts\/33658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/comments?post=33658"}],"version-history":[{"count":0,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/posts\/33658\/revisions"}],"wp:attachment":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/media?parent=33658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/categories?post=33658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/tags?post=33658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}