Florida police have arrested a 49-year-old woman and are looking for a financial advisor after the pair allegedly swindled about $2.5 million from former Miami Dolphins star Reshad Jones.
Octavia Monique Graham turned herself into police Monday on first-degree grand theft and money laundering charges, according to Broward County court records obtained by Daily Mail.
Her alleged accomplice, Jones’ former Merrill Lynch financial advisor Isiah T. Williams, has not been arrested. He is accused of scheming to defraud Jones by unlawfully accessing the retired safety’s various accounts and transferring funds without his client’s knowledge or permission.
Authorities claim he stole approximately $1.58 million from Jones’ bank accounts over 133 wire transfers to pay for first-class airfare, luxury H๏τel stays with various women, clubbing, jewelry, as well as legal fees and child support. There were even duty-free shopping sprees in Mexico, according to Fort Lauderdale Police.
A spokesman for Bank of America, Merrill Lynch’s parent company, confirmed to Daily Mail that Williams worked for the company. His employment ended in December of 2024.
Daily Mail has reached out to Fort Lauderdale police for an arrest report. Ryan Mackey of Local 10 News was the first to report details of the allegations.
The 37-year-old Jones was a two-time Pro Bowler who played 10 years in South Florida
Jail records show Graham remains at Paul Rein Detention Facility in Pompano Beach, Florida, where she is being held on $75,000 bond. She’s accused of grand theft and money laundering
Jones’ attorneys claim to be suing over the alleged theft, which they described in a statement as ‘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 insтιтutions – Bank of America’s investment management division, Merrill Lynch,’ Chase Carlson and Jeff Sonn 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.’
It was not immediately clear Friday where that lawsuit was filed.
The Bank of America spokesman did not respond to a request for comment about the lawsuit.
Graham is accused of laundering $1 million from Jones, who told authorities he’s never even met the woman.
Jail records show Graham remains at Paul Rein Detention Facility in Pompano Beach, Florida, where she is being held on $75,000 bond. There was no attorney listed for Graham as of midday on Friday.
The 37-year-old Jones was a two-time Pro Bowler who played 10 years in South Florida while earning $58.1 million along the way.
