Usain Bolt Lost $12M In Savings To A Fraud; His Account Is Down To $12,000
Usain Bolt, a Jamaican Olympic sprinter, was astonished to find $12 million gone from an account he held with Stocks and Securities, an investment company situated in Kingston, according to his attorney.
His attorney, Linton P. Gordon, said in a phone interview that Bolt was recently informed that there was only about $12,000 left in the account. This account represented Bolt’s retirement and long-term savings.
“It’s distressful news for anyone,” Gordon said on Wednesday. “And certainly in the case of Mr. Bolt, who established this account as part of his private pension.”
Jamaica’s Financial Services Commission on Tuesday said it had installed its own temporary manager at SSL, following reports of allegations of fraud that had earlier prompted the commission to put the bank under enhanced oversight.
SSL failed to react immediately to calls and emails for comments.
Gordon reported that neither he nor his client have been contacted by regulators. If Bolt’s money is not restored within eight days, Gordon intends to bring the case before the Supreme Court in Kingston.
Bolt, an eight-time Olympic gold medalist, holds world records in the 100 and 200-meter races. On Monday, Bolt wrote on his Twitter account that, “The History Evil…What is the Root?…MONEY.”
Source – Tru News Report
