In a shocking turn of events, the SSL employee responsible for the embezzlement scandal that ensnared Olympic legend Usain Bolt and 39 other clients has approached Bolt’s management for a hefty loan. Reportedly, Stocks & Securities Ltd., the Jamaican financial firm, has placed the blame on a single employee for running the whole scam.
In an emailed statement that SSL released, it was reported that Bolt’s management had earlier on January 11 approached the firm to report an SSL employee. They informed that the said employee had confessed to providing a falsified statement and was apparently the one behind the case. According to the reports, the employee, who is now fired, has also requested Bolt’s financial management team to issue some loans.
The financial management team of Usain Bolt was approached by the alleged ‘Fraudster’
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Even though SSL refused to identify the victim, it informed that the person in concern has requested a loan to help pay back the other 39 victims. The Kingston-based firm added, “apparently still believed that she could borrow the money from the Bolt management group to repay the other SSL clients.” The board’s disciplinary panel was quick to dismiss the concerned employee on grounds of “negligence and gross incompetence.”
The events that have unfolded over the last few weeks have not just put adverse consequences for the affected clients but have also put a question on the integrity of…
