FanDuel Denies Jaguars Request to Return $20 Million in Stolen Funds

Sports betting giant FanDuel has denied a request from the NFL’s Jacksonville Jaguars to return more than $20 million in gambling funds that a former employee embezzled from the team and then gambled away.

According to reports, NFL teams were content to simply return the money FanDuel stole, but gambling organizations said that was not possible. new york post report.

FanDuel reportedly said it did not take the money from employees maliciously and had no reason to believe the money was stolen.

“road [FanDuel] look[s] That… we received this funding fairly and clearly,” the official said. “It’s not our problem to have to give it back to you…I would be appalled if that happened.”

An investigation has revealed that former Jags staffer Amit Patel stole more than $22 million from NFL teams, much of it through gambling, according to reports.

Jalen Ramsey of the Jacksonville Jaguars celebrates with fans after the Jaguars defeated the Indianapolis Colts 30-10 at Everbank Field on December 3, 2017 in Jacksonville, Florida. (Photo by Logan Bowles/Getty Images)

In addition to his losing bets on FanDuel, Patel also had an account on DraftKings.

Patel pleaded guilty in December to stealing $22 million through credit card fraud.

Last year, reports said he became known as a legendary bad gambler who never seemed to win. ESPN.

Patel’s lawyer argued that the bad gambler did not steal the money to use for himself.

Trevor Lawrence of the Jacksonville Jaguars celebrates with Evan Engram and Ja'Wuan Taylor after scoring a touchdown in the first half of the game.

No. 16 Trevor Lawrence of the Jacksonville Jaguars intercepts No. 17 Evan Engram and No. 75 Jawan Taylor after scoring a touchdown in the first half of the game at MetLife Stadium in East Rutherford, New Jersey on December 22, 2022. Celebrate with us. . (Photo by Dustin Satloff/Getty Images)

“Mr. Patel did not use the Jaguars’ VCC to fund his livelihood, but instead made a grossly misguided effort to use the Jaguars’ VCC program to pay off previous gambling losses,” attorney Alex said. King said last year.

Patel is accused of engaging in dangerous gambling activities between 2019 and 2023 and was charged with wire fraud and unlawful financial transactions in an embezzlement scheme. He lost about 99 percent of his money due to bad betting decisions almost every day during that time.

Follow Warner Todd Huston on Facebook: truth social @WarnerToddHuston



Sign up to stay informed to breaking news