Ex-Dolphins DB Reshad Jones scammed out of $2.58 million in grand theft, money laundering scheme, per report

Former Miami Dolphins Safety Reshad Jones was scammed $ 2.58 million in a silver flight and money laundering program, reports the local section 10. Former financial advisor Isaiah Williams would have abused Jones’ personal bank account, and with the help of Octavia Graham, 49, stole millions of dollars to reimburse his credit cards and finance a lifestyle sumptuous.

The police said that Williams had stolen from about 1.58 million dollars out of 133 metal transfers on Jones’ account between January 2022 and March 2024. According to the judicial archives, Williams used the money to cover first-class plane tickets, stays at the hotel, nightclub and strip club tabs, cars, clothes legal and child alimony. He also shopping in Mexico.

Jones, a double player from the pro bowl who spent his entire career with the Dolphins, also lost an additional $ 1.03 million between October 2019 and September 2021. The police said that Graham had helped to whiten money from Jones. Graham sent $ 435,000 to Williams on 16 handwritten checks and an additional $ 184,000 on 88 Zelle transfers.

“This is another disturbing example of a professional athlete exploited by a wealth management company he trusts,” Jones’ lawyers said in a press release. “In this case, the criminal was vice-president of one of the world’s largest financial institutions-the Bank of America’s investment management division, Merrill Lynch. We have filed a legal action to hold Merrill Lynch responsible and we work to recover all damages.”

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Graham turned into police this week and faces two silver laundering chiefs and a first degree flight chief. Friday, she appeared before the court and a judge set her deposit at $ 75,000 and ordered her not to contact Jones or Williams. She will be arrested on July 7. Williams, who is no longer employed by Merrill, has not been arrested.

“Whenever we learn potential reprehensible acts, we invest quickly, cooperate fully with regulators and police, and work with the customer to compensate for any damage caused by an employee,” a spokesman for Merrill in CBS Sports. “Put customers first and protect the assets of customers guides Merrill’s principles from our foundation over 100 years ago.”

The losses are a significant amount in the context of the profits of Jones from the NFL, because it made just over $ 2 million in its last season with the Dolphins, by Spotrac. Jones transported $ 58 million during his 11 -year career, in which he played as one of the best defenders on Miami’s list.

Jones accumulated 776 career plated, 10.5 bags and 21 interceptions throughout his stellar career. The choice of fifth round in the draft of the 2010 NFL obtained a place in the Pro Bowls 2015 and 2017, and in these two campaigns, he led the League in defensive touch. His two choices of six in 2015 were a record for the NFL, and his two escaped touchs punctuated the League in 2017.