Former Dolphins Pro Bowl safety Reshad Jones allegedly had $2.58 million stolen from him by a woman, who has since been jailed, and a former financial advisor over a two-year span, according to local10.com.
Octavia Monique Graham, 49, surrendered herself to authorities on Monday and has been charged with two counts of money laundering and one count of first-degree grand theft, per the report.
Isaiah Williams, Jones’ former financial advisor and alleged co-conspirator in the scheme, has reportedly not been arrested.
Jones’ representatives, Chase Carlson and Jeff Sonn, told ESPN this is “yet another troubling example of a professional athlete being exploited by a wealth management firm he trusted.”
“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,” the pair said in a statement.
“We have filed a lawsuit to hold Merrill Lynch accountable and are working to recover all damages our client has suffered.”
Fort Lauderdale police allege that Williams, who worked for Merrill Lynch and served as Jones’ financial advisor from January 2022 through March 2024, infiltrated the former NFL star’s bank account to steal roughly $1.58 million in 133 wire transfers to pay off a pair of American Express credit cards.
Court records reportedly reveal that the money supported first-class airline tickets, hotel visits with several women, designer clothes, car rentals, legal fees, child support and nightclub and strip club expenses, while the police told local10.com that Williams enjoyed duty-free spending sprees in Mexico.
Williams is further alleged to have stolen another $1.03 million with help from Graham, whom Jones said he has never met, per the outlet.
Sixteen checks worth roughly $435,000 charged to Graham’s account reportedly made their way to Williams’ Chase account from October 2019 to September 2021.
Graham allegedly also made 88 Zelle transfers totaling approximately $184,000 from her Bank of America account to Williams.
Police provided the approximate $2.58 million figure, per local10.com.
Graham is reportedly being held at the Paul Rein Detention Facility in Pompano Beach, Fla., on a $75,000 bond.
Jones, 37, told police he’s pressing charges, per the report.
He spent his entire 10-year career with the Dolphins from 2010-19, making the Pro Bowl in 2017 and 2019.