Usain Bolt threatens to sue a private investment firm in Jamaica after more than £10M disappeared from his life savings account leaving the eight-time Olympic gold medalist with just £9,700
- Olympic legend Usain Bolt threatens to sue private investment firm
- It comes after more than £10million disappeared from his savings account
- His lawyers say he is left with £9,700 after the ‘disturbing’ news
Usain Bolt threatens to sue a private investment firm in Jamaica after more than £10million disappeared from his account.
The eight-time Olympic champion’s lawyers earlier this month are calling for a check on his bank balance and revealed he had barely £9,700 left after what they described as a potential act of fraud.
In Jamaica, it was reported that the retired sprinter, whose earnings were estimated at over £20million per season during his playing days, have given the company a 10-day deadline to repay the money.
Olympic legend Usain Bolt is threatening to sue a private investment firm in Jamaica
The eight-time gold medalist has seen £10million disappear from his savings account
Linton P. Gordon, an attorney for Bolt, said, “The account was part of Bolt’s retirement and life savings.
“This is worrying news for everyone, and especially in the case of Mr. Bolt, who set up this account as part of his personal retirement.”
He added: “If this is correct, and we hope it is not, then grand theft, or a combination of both, has been committed against our client.”
It is alleged that a number of Stocks & Securities Limited clients have reported missing funds. The firm says Jamaica’s Financial Services Commission is investigating.
Usain Bolt, pictured in a private jet, is estimated to have a net worth of around £70million