Usain Bolt, a Jamaican sporting legend, is often regarded as the greatest sprinter of all time. However, he recently became a victim of money fraud.
Bolt lost his retirement funds when a scammer stole almost $10 million, leaving the world’s fastest man with virtually nothing, according to sources.
According to Linton P. Gordon, the famed athlete’s attorney, $10 million went missing from Bolt’s account. According to the report, an investment business called Stocks and Securities Limited, where Bolt deposited his money, has been put under surveillance. The Jamaican Financial Services Commission (FSC) has opened an investigation.
Usain Bolt loses all his retirement money
Usain Bolt’s investment management business came under scrutiny when it was discovered that the former sprinter may have lost millions of dollars to fraud. The 36-year-old has been employed by the banking institution for more than 10 years.
Usain Bolt created an account with SSL, a local Jamaican investment firm, in 2012, but hasn’t taken a withdrawal since, according to a report on January 16. Bolt is said to have invested a little under $10 million, according to the article. But according to a source, he just has $2,000 left at this point.
Bolt is one of more than 30 people whose SSL assets are said to have been destroyed by a wealth consultant and who are thought to be the victims of fraud.
Additionally, SSL has stated that its agents were unable to apprehend the fraudster. Apparently,…
