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Xuan ThaiOct 9, 2025, 05:40 PM ET<\/p>\n
Close<\/a>Xuan Thai is a senior writer and producer in ESPN’s investigative and enterprise unit. She was previously deputy bureau chief of the south region for NBC News.<\/p>\n Former Miami Dolphins<\/a> safety Reshad Jones has settled a lawsuit against Merrill Lynch for $9.5 million after a former financial adviser allegedly stole $2.59 million<\/a> from the two-time Pro Bowler. The settlement occurred in August, but public reporting was delayed until this week.<\/p>\n 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.<\/p>\n 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.<\/p>\n Investment News first reported the settlement on Wednesday. Merrill Lynch declined comment. Jones’ lawyers, Chase Carlson and Jeff Sonn, declined to comment and referred ESPN to a previous statement where they called the situation “another troubling example of a professional athlete being exploited.”<\/p>\n According to documents from BrokerCheck, an online database that compiles information about brokers and financial institutions, Jones originally asked for $16 million in damages in an arbitration filing against Merrill Lynch, BrokerCheck reported.<\/p>\n The Palm Beach County, Florida, sheriff’s office booked Williams in June on four counts, including first-degree organized fraud and first-degree grand theft, which are both punishable by up to 30 years in prison. Williams is currently out on $1 million bond and awaiting trial, according to the sheriff’s office database.<\/p>\n Jones was a fifth-round draft pick out of Georgia in 2010. He spent his entire 10-year NFL career with the Dolphins, where he played 128 games, starting 113. According to Over the Cap, Jones made over $56 million in his playing career.<\/p>\n","protected":false},"excerpt":{"rendered":"Xuan ThaiOct 9, 2025, 05:40 PM ET CloseXuan Thai is a senior writer and producer in ESPN’s investigative…\n","protected":false},"author":2,"featured_media":212791,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[349,99],"class_list":["post-212790","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nfl","tag-nfl","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/212790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=212790"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/212790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/212791"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=212790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=212790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=212790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}