A former executive of the Jacksonville Jaguars of the National Football League has been charged with fraud for allegedly stealing more than $22 million over a six-year period to buy luxury items for himself and family members.
According to an indictment unsealed in a federal court in Jacksonville, Florida, 52-year-old David W. Martin Jr. engaged in a scheme to defraud between 2012 and 2018. He has been charged with wire fraud, money laundering, and aggravated identity theft.
The indictment alleges Martin used his position as the team’s senior vice president of finance and administration to divert funds from the Jaguars to unauthorized bank accounts for his own use. He then allegedly used this money to pay for a variety of luxury goods and services, including cars, boats, vacations, jewelry, and other personal expenses.
Martin also allegedly gave family members and associates access to the stolen funds. In total, he is accused of using the money to purchase items worth more than $20 million.
According to the Jacksonville Sheriff’s Office, Martin faces up to 200 years in prison if convicted.