New Delhi, Nov. 4 -- Lester Jones, a former senior vice president of financial planning and analysis for the Atlanta Hawks, faces serious federal charges. Prosecutors say he stole $3.8 million from the NBA team to to fund a lavish lifestyle like payment for luxury cars, trips, and gifts. This case shows how trusted employees can misuse company money.

Lester Jones served as a long-time executive in the Atlanta Hawks' finance department. He held significant control over the team's American Express account. In this position, he issued multiple corporate credit cards to himself. His responsibilities included managing budgets and approving expenses, giving him easy access to team funds.

The US Attorney's Office for the Northern District of G...