NFL’s Jaguars hunt embezzled funds from FanDuel

The Jacksonville Jaguars are seeking money that was stolen and used to fund an ex-employee gambling habit returned from FanDuel, according to ESPN.com
Amit Patel was responsible for the NFL team’s virtual credit card and pleaded guilty to wire fraud and illegal monetary transactions in Federal Court to the figure of $22 million.
In his time at the Jaguars Patel was responsible for departmental budgets and monthly financial statements up until his termination in February of last year.
According to federal court documents Patel staggeringly used the funds “to place bets with online gambling websites, to purchase a condominium in Ponte Vedra Beach, Florida, to pay for personal travel for himself and friends (including chartering private jets and booking luxury hotels and private rental residences), to acquire a new Tesla Model 3 sedan and and luxury wrist watches.”
This incredible amount of outlandish fraud seemed to go unnoticed as Patel was the sole administrator of the company system, managing to place $20 million worth of sportsbook bets with the ill-gotten gains.
Jaguars fighting tooth and nail
The Jaguars are believed to be pursuing the embezzled funds on the grounds that they were acquired by illegal means to place the sportsbook bets.
According the the ESPN.com report, there is a “settlement” ongoing between FanDuel, the NFL and the Jaguars.
Patel’s attorney Alex King said that his client suffers from a “serious gambling addiction” and the majority of the funds he embezzled were to patch over those massive debts according to the Athletic.
King said “It started with a little bit and, as these things usually do, spiraled wildly out of control.”
”Almost the entirety of the funds Mr. Patel used from the VCC were spent on the gambling websites and efforts to win money back, with the anticipation he would repay the funds with the winnings and make the Jaguars whole,” King told the Athletic about his clients $20 million in bets to FanDuel and 1$ million to Draftkings.
“Unfortunately, Mr. Patel’s compulsive gambling only exacerbated the situation, and he continued to misappropriate funds in an effort to have gambling winnings offset his significant losses,” he concluded.
The Jaguars will be enquiring about the lack of account red flags and gambling controls that were not triggered with the amount of large daily sums that were wagered by Patel.
No matter the outcome this will most definitely set a precedent in the world of sports gambling, but for the Jaguar’s sake, they will hope the lion’s share of the luck falls their way.
Image: Jean-Daniel Francoeur, Pexels.
The post NFL’s Jaguars hunt embezzled funds from FanDuel appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on NFL’s Jaguars hunt embezzled funds from FanDuel

More big hitters coming to Xbox Game Pass in February

We had an early look at what Microsoft had in store for Xbox and Xbox Game Pass recently, but now more games have been added to the Xbox Game Pass side of things, including some really fun titles and a hugely topical one.
Starting off with the topical, it is Super Bowl week, and, while many Taylor Swift fans will be tuning in for the very first time plenty of football fans will be delighted to see the arrival of Madden 24 on Game Pass via EA Play.
Madden will arrive on the service on 8th February and if you play in the first month you will score yourself an Ultimate Team Supercharge Pack.

Resident Evil 3 is another heavy-hitter coming to the service in this re-imagining of the 1999 Capcom classic. Rebuilt from the ground up in Capcom’s Re Engine you can have a lot of fun with Jill Valentine in this one.
If scary horror games are not for you then cosy-game PlateUp could be right up your alley. Make sure you cook and serve up the correct dishes to your customers and decorate your restaurant to attract more. Plateup is a lot of fun and you should check it out for sure.
We already know that MLB The Show 24 is coming to Game Pass on Day One so we don’t need to go over that, but more interestingly is the return to Game Pass of Bloodstained: Ritual of the Night which is a great side-scrolling action game from the Metroidvania genre. It’s good to have it back because this is a solid addition to your collection.
Other than this little lot we also get Return to Grace and A Little to the Left, which is another cute cosy puzzle game to pass the time until the nights start to get lighter.
Oh and don’t forget Train Sim World 4 tomorrow!
New Games for Xbox Game Pass this month

Anuchard (Cloud, console, PC) — Now available
Train Sim World 4 (Cloud, console, PC) February 7
Madden 24 (Console, PC) –February 8
Resident Evil 3 (Cloud, console, PC) — February 13#
A Little to the Left — (Cloud, console, PC) — February 14~
Bloodstained: Ritual of the Night (Cloud, console, PC) — February 14
PlateUp! (Cloud, console, PC) — February 15
Return to Grace (Cloud, console, PC) — February 20

The post More big hitters coming to Xbox Game Pass in February appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on More big hitters coming to Xbox Game Pass in February

Meta enhances teen protection against sextortion with global initiatives

Meta is stepping up its efforts to safeguard teenagers on its platforms from sextortion, a form of sexual exploitation that threatens to share private intimate images without consent. According to TechCrunch, the tech giant announced significant updates today, including the broader availability of the Take It Down tool and a comprehensive update to its Sextortion hub, alongside launching a worldwide campaign to educate and prevent sextortion.
Developed in collaboration with the National Center for Missing and Exploited Children (NCMEC), Take It Down is an innovative online tool aimed at halting the unauthorized distribution of intimate imagery. Initially available in English and Spanish, the tool’s reach has now expanded to include 25 additional languages, such as Hindi, Chinese, French, German, and Arabic, among others. This expansion makes the tool accessible to a wider global audience, empowering teens across different cultures and regions to protect their digital privacy.
Take It Down operates by allowing users to generate a unique hash—a digital fingerprint—of their intimate image or video, which can then be privately submitted from their device. This hash enables Meta to identify and remove copies of the content across its platforms, offering a proactive measure against the threat of sextortion. Importantly, the process ensures that the actual intimate content does not need to be shared, preserving the individual’s privacy.
To further support teens facing sextortion threats, Meta has revamped its Sextortion hub with updated guidance. This includes practical advice for teens on regaining control and resources for parents to assist their children effectively. The updated guidance was developed in partnership with Thorn, a nonprofit dedicated to leveraging technology to protect children from sexual abuse.
Recognizing the importance of awareness in combating sextortion, Meta is also launching a global campaign. The initiative aims to educate teens and their parents about the dangers of sextortion and the steps they can take to protect themselves. Meta plans to collaborate with safety organizations and content creators to amplify the campaign’s reach and impact.
These efforts by Meta come in the wake of CEO Mark Zuckerberg’s testimony at a Senate hearing, where the issue of sextortion and its devastating consequences were brought to the forefront. The hearing highlighted the urgent need for social media platforms to take decisive action in protecting young users from online abuse.
The post Meta enhances teen protection against sextortion with global initiatives appeared first on ReadWrite.

Posted in Tech | Tagged | Comments Off on Meta enhances teen protection against sextortion with global initiatives

Amazon cuts hundreds of jobs in Pharmacy, One Medical units: Read the memo

Amazon has continued to announce job cuts this year after more than a year of mass layoffs.

Posted in Tech | Tagged | Comments Off on Amazon cuts hundreds of jobs in Pharmacy, One Medical units: Read the memo

Decentralized social network Farcaster is trying to reach mass adoption through Web 2.0 techniques

More often than not, it’s rare for crypto native users to have an easy, quick onboarding experience. Farcaster wants to change that.
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Decentralized social network Farcaster is trying to reach mass adoption through Web 2.0 techniques

Actually, it’s good for Spotify that Joe Rogan’s podcast is no longer exclusive

Spotify renewed its contract with podcaster Joe Rogan this weekend, but with a twist. After almost four years, “The Joe Rogan Experience” is no longer a Spotify-exclusive podcast. This might seem like a concession on Spotify’s part, as exclusive deals have long been a part of the company’s strategy. Early on in Spotify’s quest to […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on Actually, it’s good for Spotify that Joe Rogan’s podcast is no longer exclusive

UK Government Puts £45 Million Toward Quantum Computing

Most of the money goes toward exploring what kind of quantum computing hardware to use. The rest funds efforts toward practical projects such as detecting dementia.

Posted in Tech | Tagged | Comments Off on UK Government Puts £45 Million Toward Quantum Computing

Australian Organisations Need to Build Trust With Consumers Over Data & AI

Self-regulation may be a necessary step for Australian organisations to maintain trust from their customers that they are prioritising privacy when collecting and using data.

Posted in Tech | Tagged | Comments Off on Australian Organisations Need to Build Trust With Consumers Over Data & AI

As Bluesky opens to the public, CEO Jay Graber faces her biggest challenge yet

Bluesky CEO Jay Graber says that her job is like being a substitute teacher. It’s not what you’d expect from the head of an experimental, up-and-coming social platform, but it makes sense: there’s a lot of pressure, and a mischievous audience is eager to poke and prod at any crack in your armor until you […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Posted in Tech | Tagged | Comments Off on As Bluesky opens to the public, CEO Jay Graber faces her biggest challenge yet

CleanSpark jumps on plans to buy four bitcoin mining facilities ahead of the halving

CleanSpark shares jumped after the company revealed plans to expand its mining presence and potentially double its hashrate in the first half of the year.

Posted in Tech | Tagged | Comments Off on CleanSpark jumps on plans to buy four bitcoin mining facilities ahead of the halving