The Limited Times

Now you can see non-English news...

Report: Millions of dollars disappeared from Usain Bolt's account Israel today


A police investigation was opened after a fraud in an investment company, where a large part of the money of the greatest sprinter in history is found • In 2016 alone, he earned 33 million dollars from sponsorships


An investigation was opened after it was reported that millions of dollars disappeared from an account belonging to Usain Bolt - the Olympic champion and the fastest man in the world.

Bolt's manager, Nugent Walker, told the Gleaner that Jamaica's Financial Investigations Division and the Financial Services Commission are looking into the case with investment company Stocks and Securities Limited (SSL).

Also, SSL themselves filed a police complaint.

Walker said Bolt first noticed what appeared to be a discrepancy between his SSL accounts on Wednesday.

"All the relevant steps were taken to get to the bottom of the matter," Walker said, adding that due to the ongoing investigation, he could not reveal the sums involved.

"He's been with this investment firm for 10 years. His entire portfolio has been reviewed," Walker said.

According to the Gleaner an SSL employee was involved in widespread fraud at the company, and may have been involved in the developments surrounding Bolt as well.

An attorney representing the employee said his client had been speaking with SSL legal representatives for two weeks.

"My client is in discussion with SSL and the lawyers representing the company," he said.

Bolt is considered one of the greatest track athletes of all time and holds world records in the 100, 200 and 4x100 meter relays.

The 36-year-old sprinter retired in 2017, and still has several sponsors.

In 2016 alone, he earned $33 million from endorsements, prize money and entry fees, easily making him the highest-paid track athlete in the world.

were we wrong

We will fix it!

If you found an error in the article, we would appreciate it if you shared it with us

Source: israelhayom

All sports articles on 2023-01-13

You may like

Sports 2023-01-14T08:02:46.476Z

Trends 24h

Sports 2023-06-05T09:11:05.910Z


© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.