FanDuel Refuses to Return $20M Lost by Former Jaguars Employee
The Jacksonville Jaguars are in dispute with FanDuel over the recovery of stolen funds used for gambling by a former team employee.
- A former Jacksonville Jaguars employee, Amit Patel, pleaded guilty to stealing $22 million from the team, using much of it to gamble on FanDuel.
- FanDuel is refusing to return the approximately $20 million lost by Patel on the site, despite the Jaguars' requests for reimbursement.
- Patel, described as a 'legendarily bad' gambler, lost nearly all the stolen funds through gambling and daily fantasy sports betting.
- The Jaguars and the NFL are reportedly working on a settlement with FanDuel, but the sportsbook maintains the money was received 'fair and clear.'
- Patel faces up to 30 years in prison and a $500,000 fine; his sentencing is scheduled for March 12.