Former Miami Dolphins safety Reshad Jones was scammed out of $2.58 million dollars in a grand theft and money laundering scheme, Local 10 News reports. Former financial advisor Isaiah Williams allegedly abused his access to Jones’ personal bank account, and with the help of 49-year-old Octavia Graham, stole millions of dollars to pay off his credit cards and fund a lavish lifestyle.
Police said Williams stole approximately $1.58 million across 133 wire transfers from Jones’ account between January 2022 and March 2024. According to court records, Williams used the money to cover first-class airline tickets, hotel stays, nightclub and strip club tabs, car rentals, clothing, jewelry, legal fees and child support. He also went on shopping sprees in Mexico.
Jones, a two-time Pro Bowl player who spent his entire career with the Dolphins, also lost an additional $1.03 million between October 2019 and September 2021. Police said Graham helped launder money from Jones’ account. Graham sent $435,000 to Williams across 16 handwritten checks and another $184,000 over 88 Zelle transfers.
“This is yet another troubling example of a professional athlete being exploited by a wealth management firm he trusted,” Jones’ attorneys said in a statement. “In this case, the wrongdoer was a Vice President at one of the world’s largest financial institutions — Bank of America’s investment management division, Merrill Lynch. We have filed a lawsuit to hold Merrill Lynch accountable and are working to recover all damages our client has suffered.”
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