Usain Bolt alleges nearly all of $12+ million in private investment account wiped after 'serious act of fraud'

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World record sprinter Usain Bolt had almost his entire $12.8 million taken from a private investment firm in a 'serious act of fraud,' his lawyers allege.

Usain Bolt allege that almost all of his money from an account with a private investment firm is missing."If this is correct, and we are hoping it is not, then a serious act of fraud larceny or a combination of both have been committed against our client," Bolt’s attorneys said in a letter to The Associated Press.

Lawyers say they will take civil and criminal action if the money is not returned within the next 10 days.Jamaica’s Financial Services Commission is investigating Stocks & Securities Limited, the firm in question. NHL ANALYST SAYS IVAN PROVOROV CAN 'GET INVOLVED' WITH RUSSIA-UKRAINE WAR AFTER REFUSING GAY PRIDE JERSEY

Bolt’s lawyers sent the letter Monday, the same day that Jamaica’s Financial Services Commission announced it was investigating the firm. A day later, financial authorities said they were assuming temporary management of the private investment firm. It is allowed to keep operating but needs approval from the government for any transactions.

 

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AndrewHolnessJM NigelClarkeJa

How fast did it go?

Welcome to the Age of Scams Usain. Hope you have enough left to consolidate your future for both yourself and family.

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Usain Bolt seeks missing $12.7 mln from Jamaica investment firmOlympic champion Usain Bolt is seeking to recover more than $12.7 million that disappeared from his account with a Jamaican investment firm and is willing to take the case to court if necessary, Bolt's attorney said. he runs like a mofucker run after them. I'm sure you'll catch them. So he couldn't outrun the scammers
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