Reshad Jones Sues Merrill Lynch Over $2.58M Fraud

Former Miami Dolphins safety Reshad Jones lost approximately $2.58 million in an embezzlement scheme perpetrated by his former Merrill Lynch financial advisor, Isaiah Williams, and Octavia Monique Graham. Williams, who is no longer employed by Merrill Lynch, allegedly abused his access to Jones's accounts between January 2022 and March 2024, making 133 unauthorized wire transfers totaling about $1.58 million for personal luxury expenses. Graham, 49, allegedly laundered another $1.03 million through checks and Zelle transfers before turning herself in to police, facing grand theft and money laundering charges. Williams, permanently barred by FINRA, has not yet been arrested. Jones' attorneys have filed a lawsuit against Merrill Lynch in connection with the scheme. The case highlights the ongoing vulnerability of professional athletes to exploitation by trusted advisors.