Usain Bolt fears he has lost $10 million to fraud scheme

Former Jamaican sprinter Usain Bolt announced Monday that he fears he has lost about $10 million that he invested in Jamaican investment company Stocks and Securities Limited (SSL) due to a fraud scheme.

Given this, Bolt indicated on his social networks that he is also afraid that he will never be able to recover that supposedly stolen money and that, apparently, he only has US$ 2,000 left of the million-dollar amount that he began to deposit in 2012 and of which, according to assured, made withdrawals.

“In a world of lies, where is the truth? The demonized world. What is its root? The money”, Bolt expressed on his social networks.

Meanwhile, the representative of the winner of eleven world and eight Olympic titles, nugent walkerconfirmed that an investigation was aimed at recovering the millions of dollars.

Bolt is one of 30 victims whose investments in SSL they were allegedly watered down by a wealthy adviser.

The fraud could have reached US$1.2 billion.

In view of this, the Jamaican Police reported last Thursday that it had launched an investigation into the alleged disappearance of millions of dollars from an account belonging to Bolt in SSL.

Walker stated that Bolt He became aware of the discrepancies in his accounts on Wednesday.

The same day, SSL admitted in a statement that he was “aware that fraudulent activity by a former employee of the company”.

Meanwhile, a publication by a local media indicated that the SSL knew of said fraud since August 2022.

However, the suspected former employee worked at the company until last Wednesday.

Source: EFE