Legendary sprinter Usain Bolt has lost $12.7 million in a fraud case over the past 13 years, forcing the Jamaican government to involve the FBI.
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The owner of eight gold pendants at the Olympic Games lost almost everything after investing his money in Stocks and Securities Limited, a brokerage firm based in Kingston, the capital of Jamaica.
In addition to Bolt, several senior customers have been affected by this major scam. Even the Jamaican government has invested money, Treasury Secretary Nigel Clarke revealed.
According to the latter, the brokerage firm falsified statements made to its customers. It was the company itself that alerted authorities a few weeks ago after one of its managers committed fraud.
According to Usain Bolt’s lawyers, the man once considered the world’s fastest man has just $12,000 left in his bank account. Its representatives asked the law firm to repay the missing amount by Friday.
In addition to the FBI, the Jamaican government has asked other international partners to collaborate on this file.
“We will find out exactly how the funds were stolen, who benefited from this scam and who orchestrated it all,” said Minister Clarke.