logo
Reshad Jones loses $2.6M in alleged con by trusted financial advisor

Reshad Jones loses $2.6M in alleged con by trusted financial advisor

Time of India3 days ago
Reshad Jones loses $2.6M in alleged con by trusted financial advisor (Image Via Instagram)
Reshad Jones once read
NFL
offenses like an open book. Now, the former Miami Dolphins safety is staring down a very different kind of playbook. It's the one filled with deceit, betrayal, and a jaw-dropping loss of $2.6 million.
The athlete is known for his hard hits and big plays on the field.
Jones
is now making headlines for something far more personal and painful. According to police reports filed in South Florida, Jones became the victim of a sophisticated embezzlement scheme. Well, that unraveled between January 2022 and March 2024.
Betrayal that stole $2.6 million from Reshad Jones
The central figure? Isaiah Williams, who served as Jones's financial advisor during that period. With direct access to Jones's personal bank accounts, Williams allegedly siphoned approximately $1.58 million through 133 wire transfers.
And each one more damaging than the last.
Authorities claim the stolen money didn't go toward investing or financial planning. Instead, court records say it fueled Williams' luxury lifestyle. They included 'first-class airline tickets, hotel stays with multiple women, nightclub tabs, strip clubs, car rentals, designer clothes, jewelry, legal fees, and even child support.' Police even noted he went on 'duty-free shopping sprees in Mexico.'
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Tecno Pova 7: You've NEVER Felt 144Hz This Sharp & Smooth!
TECNO Mobile
Buy Now
Undo
As if that wasn't enough, investigators allege that Williams had help. A second individual, Octavia Monique Graham of Dallas, Georgia, reportedly played a key role in laundering another $1.03 million of Jones's money.
Between October 2019 and September 2021, Graham allegedly moved large sums through her own accounts, including '16 handwritten checks totaling about $435,000' and '88 Zelle transfers totaling about $184,000,' all of which were funneled into Williams' Chase bank account.
Reshad Jones was caught up in the
financial fraud
What makes the situation more alarming is that Jones told detectives he had 'never met' Graham. This suggests that she was used as a middleman in a broader scheme. Authorities say the strategy was designed to keep Williams' name off certain transactions. This is making the money trail harder to trace.
As of this week, Graham is behind bars. She 'surrendered herself on Monday' and is 'facing two counts of money laundering and one count of first-degree grand theft.'
She remains in custody at the Paul Rein Detention Facility on a $75,000 bond and awaits a Nebbia hearing. Meanwhile, Williams remains at large, with no arrest yet confirmed.
Before he became a victim of financial misconduct, Reshad Jones was one of the NFL's most respected safeties. Drafted by the Miami Dolphins in the fifth round of the 2010 NFL Draft, he quickly became a centerpiece of the Dolphins' defense. Known for his explosiveness and field awareness, Jones earned two Pro Bowl nods in 2015 and 2017 and built a reputation as one of the league's most consistent performers at his position.
Throughout his decade-long career, Jones amassed roughly $58 million in earnings. Those numbers, however, now carry a bitter edge. The alleged theft of $2.6 million, nearly five percent of his career earnings, hits hard for a man who played one of football's most physically demanding positions.
Also read:
Rashida Jones reflects on Parks and Recreation and hopes for a revival
For real-time updates, scores, and highlights, follow our live coverage of the
India vs England Test match here
.
Game On Season 1 continues with Mirabai Chanu's inspiring story. Watch Episode 2 here.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tesla shares fall in premarket trading as Elon Musk's 'America Party' sparks investor worries
Tesla shares fall in premarket trading as Elon Musk's 'America Party' sparks investor worries

Time of India

time38 minutes ago

  • Time of India

Tesla shares fall in premarket trading as Elon Musk's 'America Party' sparks investor worries

Tesla shares fell nearly 7% in premarket trading on Monday after CEO Elon Musk 's plans to launch a new U.S. political party raised investor doubts about his focus on the electric automaker's future. The former head of the Department of Government Efficiency (DOGE) unveiled the 'America Party' on Saturday, voicing his displeasure over President Donald Trump's 'One Big, Beautiful Bill'. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Victoria Principal Is Almost 75, See Her Now The Latest Article Undo This further escalates Musk's feud with Trump even as Tesla posted a second straight drop in quarterly deliveries. Their discord over the tax bill erupted into an all-out social media brawl in early June, with Trump threatening to cut Musk's government contracts and subsidies. "Investors are worried about two things - one is more Trump ire affecting subsidies and the other, more importantly, is a distracted Musk," said Neil Wilson, UK investor strategist at Saxo Markets. Investors had in May cheered Musk's decision to scale back political spending and remain Tesla CEO for another five years. He had spent nearly $300 million around Trump's re-election campaign last year. Live Events "But now (they) are worried he's going to (get) sucked back in and take his eye off Tesla," Wilson said. The first signs of investor unease surfaced soon after Musk's announcement, with investment firm Azoria Partners delaying the listing of a Tesla exchange-traded fund. Trump on Sunday called Musk's plans to form the "America Party" "ridiculous", saying the Musk ally he once named to lead NASA would have presented a conflict of interest given Musk's business interests in space. TESLA BOARD MOVES Wedbush analyst Dan Ives, a Tesla bull, said many investors are feeling a "sense of exhaustion" over Musk's insistence on immersing himself in politics. Azoria Partners CEO James Fishback posted several critical comments on X about Musk's new party, and called for the Tesla board to clarify Musk's political ambitions and evaluate if his political involvement is compatible with his obligations to Tesla as CEO. The new party undermines the confidence shareholders had that Musk would be focusing more on the company, Fishback said. Musk's latest political move raises questions around Tesla board's course of action. Its Chair Robyn Denholm in May denied a Wall Street Journal report that said board members were looking to replace the CEO. Tesla's board, which has been criticized for failing to provide oversight of its combative, headline-making CEO, faces a dilemma managing him as he oversees five other companies and his personal political ambitions. "This is exactly the kind of thing a board of directors would curtail - removing the CEO if he refused to curtail these kinds of activities," said Ann Lipton, a professor at the University of Colorado Law School and an expert in business law. "The Tesla board has been fairly supine; they have not, at least not in any demonstrable way, taken any action to force Musk to limit his outside ventures, and it's difficult to imagine they would begin now." Tensions with Trump, struggling sales and an aging vehicle line-up have hurt Tesla's stock, even as the company bets on growth from autonomous vehicles. The stock, which soared to over $488 in December after Trump's November re-election, has lost 35% since then and closed last week at $315.35. Tesla is the worst performing stock among "the Magnificent Seven" group of high-growth U.S. companies this year.

Dell Pro 14 Premium review: Business done with style
Dell Pro 14 Premium review: Business done with style

Time of India

timean hour ago

  • Time of India

Dell Pro 14 Premium review: Business done with style

Dell's rebranding spree has transformed the familiar Latitude lineup into something called the Dell Pro series, and the Pro 14 Premium sits at the top of this new hierarchy. It's essentially what would have been a Latitude 9000 in another timeline. Now, think of Pro 14 Premium as the Dell's attempt to bring XPS-level polish to the boardroom, complete with a sleek magnesium chassis and Intel's latest Lunar Lake processors. But rebranding is easier than reinventing, and the Pro 14 Premium finds itself caught between Dell's premium aspirations and the practical realities of corporate computing. At Rs 1,77,593, this isn't a machine that's asking for your casual consideration. It's positioning itself against the likes of Lenovo 's ThinkPad X1 Carbon and HP's EliteBook Ultra series, laptops that have spent years refining their formula for executive-level computing. The question isn't whether Dell can build a competent business laptop (they've been doing that for decades), but whether they can justify the premium price tag with genuinely premium experiences. Modern aesthetics, featherlight presence by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Book Your Daily Profit By 11 AM With This Superclass By Mr. Bala TradeWise Learn More Undo The Pro 14 Premium immediately impresses with its 1.14-kg weight and 0.71-inch thickness. Dell's switch from aluminium to magnesium has paid dividends in the portability department, making this one of the lighter 14-inch business laptops you can buy. The chassis feels modern and sophisticated, with clean lines that wouldn't look out of place in a design studio. But here's where the premium branding starts to show its cracks. The magnesium construction, while effective for weight reduction, doesn't inspire the same confidence as the aluminium builds found on higher-end XPS models. There's noticeable flex when you grasp the screen corners, and the overall build quality feels more like a well-executed mid-range laptop than a premium business machine. Although, don't mistaken it for being fragile. Dell has embraced the zero-lattice keyboard design that debuted on XPS laptops, creating a seamless surface where keys flow into each other without gaps. It looks undeniably sleek and modern, but the typing experience tells a different story. The keys feel shallow and somewhat mushy, lacking the satisfying feedback that makes long typing sessions comfortable. If you're coming from a traditional keyboard, the adjustment period will be noticeable. The fingerprint reader is built into the power button and provides Windows Hello option. While trackpads on Windows machines are as forgettable they could be, Dell's Collaboration Touchpad (it's just a fancy corporate name for the trackpad) deserves a mention for its creative approach to video conferencing. During Zoom calls, camera and microphone controls appear directly on the touchpad, allowing you to mute or disable video without hunting for on-screen controls. The limitation is compatibility, it only works with Zoom and Microsoft Teams , leaving Google Meet and other platforms out in the cold. The port selection strikes a reasonable balance between modern connectivity and legacy support. Two Thunderbolt 4 ports handle charging and high-speed data transfer, while a USB-A port ensures compatibility with older peripherals. The inclusion of HDMI 2.1 and a 3.5mm audio jack shows Dell understands that business users still need these connections, even if they're not the flashiest options available. The placement is thoughtful too, power ports on both sides mean you can charge from either direction, which is surprisingly convenient in cramped airplane seats or crowded conference rooms. The security lock slot acknowledges the realities of corporate IT policies, even if it looks decidedly old-school next to the sleek Thunderbolt ports. Screen gets the job done The 14-inch FHD+ display (1920x1200) represents the most conservative choice Dell could have made. In an era where even mid-range laptops are shipping with higher resolution screens, the Pro 14 Premium's display feels like a step backward. The 16:10 aspect ratio is welcome for productivity work, offering more vertical space than traditional 16:9 panels, but the pixel density leaves something to be desired. Colour accuracy is decent, covering 100% of sRGB and around 75% of Adobe RGB, which is adequate for business applications but uninspiring for any creative work. The 400-nit brightness is sufficient for most indoor environments, though you'll struggle with outdoor visibility. The anti-glare coating helps reduce reflections, but it also gives the screen a slightly washed-out appearance that becomes more noticeable when placed next to glossy alternatives. Dell also has Tandem OLED options in the store, but they're yet to come, and while they'll surely be a visual treat, the OLED options will also cost a lot more than over this, so that's something to think about. It's all about being dependable The Intel Core Ultra 7 266V is Intel's thoroughbred for power efficiency race, and it largely wins that. It's a 17-37W processor with four performance cores and four efficiency cores, designed to sip power during light tasks and ramp up when needed. This is a processor designed for all-day computing rather than workstation-level performance, and it holds for its own. Single-threaded performance is respectable, with the chip hitting up to 5GHz under boost conditions. For typical business applications, email, web browsing, Office suite work—the Pro 14 Premium feels snappy and responsive. The integrated Intel Arc graphics are surprisingly capable, handling casual gaming and media consumption without breaking a sweat. But the efficiency focus comes at a cost. Multi-threaded performance lags behind what you'd expect from a premium business laptop. Tasks that can utilise multiple cores, like video encoding, complex Excel calculations, or running multiple virtual machines, will expose the limitations of Intel's current architecture. The 16GB of LPDDR5X RAM, while fast, feels limiting for power users who might want to run memory-intensive applications. The 512GB SSD provides decent storage performance, though the capacity feels stingy for a premium machine. The lack of upgradability means you're stuck with what you buy, which makes the storage decision more critical than it should be. The Pro 14 Premium also knows how to keep its cool. The thin profile doesn't lead to excessive heat buildup, and the fan rarely becomes intrusive during normal use. Even under sustained load, the laptop remains comfortable on your lap, and the fan noise stays at reasonable levels. This is particularly important for video calls, where sudden fan noise can be disruptive. If there's one area where the Pro 14 Premium truly justifies its premium positioning, it's battery life. The 60Wh battery, combined with Intel's efficiency-focused Lunar Lake architecture, delivers genuinely impressive endurance. Real-world usage consistently yields 7-8 hours of productivity work, with lighter tasks stretching even further. The ExpressCharge capability means you can quickly top up during short breaks, and the fact that you can charge from either side of the laptop adds practical convenience. For road warriors who spend long days in meetings or working from various locations, the battery life alone might justify the premium price. Power management is intelligent too, the laptop automatically adjusts performance based on whether you're plugged in or running on battery, maximising efficiency without requiring manual intervention. It's the kind of transparent optimisation that makes the laptop feel more premium than its spec sheet might suggest. Practicality for the pros Dell has fitted the Pro 14 Premium with an 8MP sensor that has HDR support and delivers remarkably sharp and well-lit video calls, putting many laptops to shame. The 4K still capture capability is genuinely useful for quick document scanning or impromptu headshots. The sliding privacy shutter is positioned on the top edge of the screen rather than the front, which is both more secure and less visually intrusive. The camera also supports presence detection, automatically locking the screen when you walk away and waking it when you return. It's a subtle feature that becomes surprisingly useful once you get used to it. Windows Hello facial recognition works reliably, though the backup fingerprint sensor integrated into the power button provides a nice alternative. As a Copilot+ PC, the Pro 14 Premium gets access to Microsoft's latest AI features, though the practical benefits remain limited. The 48 TOPS NPU can handle local AI processing, but most users will find cloud-based solutions more capable. Windows 11 Pro brings enterprise-grade features like BitLocker encryption and domain joining, which are table stakes for business laptops. The AI-powered features that do work well include improved Windows Search with semantic indexing, allowing you to search for files by description rather than just filename. It's a small quality-of-life improvement that adds up over time. A solid professional choice The Dell Pro 14 Premium succeeds in most of what it sets out to do, delivering a portable, efficient business laptop with dependable performance, excellent battery life, and professional features. The design is modern and appealing, the build quality is adequate for business use, and the feature set addresses real business needs. The webcam quality alone makes it worth considering for anyone who spends significant time on video calls. While everything seems to be tipping in favour of the Pro 14 Premium, one thing that isn't is its merely adequate screen. The complaint isn't that it lacks an OLED panel, but rather that it's fairly under-specced for the price. Competing products offer similar or better screens at lower prices. Though that entirely doesn't write off the Dell Pro 14 Premium. It does make for a solid choice rather than an obvious one. For business users who prioritise peace of mind above all else, the Pro 14 Premium makes sense. It's a competent professional tool that will serve most business users well. Our rating: 3.5/5 AI Masterclass for Students. Upskill Young Ones Today!– Join Now

RBI floating rate bond offers 8.05% return: FRSB outperforms most bank FDs and PPF; what conservative investors need to know
RBI floating rate bond offers 8.05% return: FRSB outperforms most bank FDs and PPF; what conservative investors need to know

Time of India

timean hour ago

  • Time of India

RBI floating rate bond offers 8.05% return: FRSB outperforms most bank FDs and PPF; what conservative investors need to know

AI image The Reserve Bank of India has maintained the interest rate on its Floating Rate Savings Bonds (FRSBs) at 8.05% for the July–December 2025 period, offering one of the highest government-backed returns currently available in the fixed-income market. While this rate remains unchanged from the January–June 2025 period, it places FRSBs well ahead of most bank fixed deposits (FDs) and small savings schemes, including the Public Provident Fund (PPF) and National Savings Certificate (NSC), in terms of returns, making it an attractive option for long-term conservative investors, according to an ET analysis. RBI floating rate bond outperforms most bank FDs According to data from Paisabazaar quoted by ET, the RBI bond's 8.05% yield is higher than the long-term FD interest rates offered by major banks. Axis Bank, HDFC Bank, and ICICI Bank are offering 6.4–6.6% interest on 5–10 year FDs, while the State Bank of India (SBI) is paying just 6.05% for the same tenure. Even banks like Punjab National Bank and Kotak Mahindra cap their long-term FD rates at 6.5% and 6.25% respectively. A handful of small finance banks (SFBs) are offering slightly better returns. Jana Small Finance Bank tops the list at 8.2%, followed by slice SFB at 7.75% and Suryoday SFB at 8%. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo However, even the best of these still fall short of matching the sovereign guarantee that backs the RBI's floating rate bonds, which enjoy complete government protection with no investment cap. Safety plus rate advantage 'Given that the bonds are issued by the RBI, they provide the highest safety to investors, more than any fixed deposit available in the market,' said Suresh Darak, Founder, Bondbazaar. 'Moreover, at 8.05%, the returns are higher than bank FDs, which are currently at around 7%. Since the rates are recalibrated every six months, investors could benefit further if the interest rate cycle turns upward,' he added. However, investors need to be comfortable with the longer lock-in period of 7 years for individuals below 60. Compared to the 5-year lock-in for the SCSS or the 15-year tenure of PPF, the RBI bond's lock-in appears moderate. The bond does offer early exit options for senior citizens but with tiered holding conditions: those aged 60–70 can exit after 6 years, 70–80 after 5 years, and those above 80 after 4 years. Rate linked to NSC, recalibrated every 6 months The 8.05% return on the RBI bond is pegged 35 basis points above the prevailing NSC rate, which currently stands at 7.7% for the July–September quarter. The next reset for the RBI bond will occur on January 1, 2026. The interest is paid out twice a year — on January 1 and July 1 — providing a steady income stream. This linkage also offers some protection in case small savings rates are reduced. For instance, if the NSC rate were to drop to 7.2% in the next quarter, the bond would still yield 7.55%, keeping it ahead of most long-term FD and PPF rates. Outperformance even during low-rate cycle Data from India Post shows that from April 2020 to December 2022, the NSC interest rate stood at a historic low of 6.8%. Despite this, RBI's FRSBs yielded 7.15% during that time — still significantly higher than bank FD rates, which were mostly between 5–5.5%. 'With a low entry requirement of just Rs 1,000 and no maximum limit, these bonds are accessible to a broad range of savers,' said Vineet Agrawal, Co-founder of bond investment platform Jiraaf. 'Backed by a sovereign guarantee, these 7-year bonds pay interest every January 1 and July 1, making them ideal for conservative investors seeking steady income. These bonds clearly outperform typical bank FDs and offer more stability amid uncertain rate cycles,' he added. Better than PPF and SCSS for high-value savers The RBI bond's edge becomes clearer when compared with other small savings schemes. The PPF offers 7.1% interest but comes with a 15-year lock-in and a maximum annual contribution of Rs 1.5 lakh. The SCSS offers 8.2% interest with a 5-year lock-in but restricts investment to Rs 30 lakh per person. Senior citizens who have exhausted their SCSS limit can use RBI bonds to extend high-yielding exposure. Since there's no cap on investment in FRSBs, they serve as an effective second-tier retirement investment instrument. Interest payouts every six months make them even more suitable for retirees who want periodic income without market volatility. Rate risk remains low for now While there is some concern that the RBI's 100 basis point repo rate cut this year may eventually push small savings rates lower, market watchers believe any reduction in NSC rates is likely to be gradual. Small savings schemes are politically sensitive and widely subscribed. As such, the government is unlikely to mirror repo rate cuts fully in small savings adjustments. Even if it does, the semi-annual recalibration of RBI bonds provides a cushion — any change would only be reflected after six months. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store