"Former Miami Dolphins safety Reshad Jones has settled a lawsuit against Merrill Lynch for $9.5 million after a former financial adviser allegedly stole $2.59 million from the two-time Pro Bowler. The settlement occurred in August but public reporting was delayed until this week. According to a June 25 arrest report, Isaiah Williams -- Jones' former financial adviser and a former employee of Merrill Lynch -- used his position to gain access to Jones' personal financial accounts to steal $1.56 million in 133 separate transactions."
"Another $1.03 million was stolen through a complicated laundering scheme involving bank and cash app transfers between Williams and a Georgia-based woman, Octivia Monique Graham. Jones told investigators he had never met the woman. Court records allege Williams used the money to pay for personal expenses such as airline tickets and hotels, strip clubs, cars, jewelry and duty-free shopping in Mexico."
Reshad Jones settled a lawsuit with Merrill Lynch for $9.5 million after a former financial adviser allegedly stole $2.59 million from his accounts. Isaiah Williams is accused of using his position to remove $1.56 million in 133 transactions and to launder another $1.03 million through transfers involving Octivia Monique Graham. Court records allege the stolen funds paid for airline tickets, hotels, strip clubs, cars, jewelry and duty-free shopping. Williams was booked on charges including first-degree organized fraud and first-degree grand theft, is out on $1 million bond, and Jones originally sought $16 million in arbitration.
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