Usain Bolt fires business manager after $12.7 million goes missing in massive fraud case

  • 📰 nypost
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Jamaican sprinter told reporters that he is baffled over how $12.7 million of his money has gone missing from a local private investment firm that authorities are investigating as part of a mas…

SAN JUAN, Puerto Rico — Jamaican sprinter Usain Bolt told reporters Friday that he is baffled over how $12.7 million of his money has gone missing from a local private investment firm that authorities are investigating as part of a massive fraud that began more than a decade ago.When asked if he was “broke,” the retired star athlete laughed.

It wasn’t immediately clear whether any action had been taken as of late Friday. Attorney Linton P. Gordon did not return a message seeking comment. Jamaican authorities have requested help from the FBI and other unidentified international experts, adding that clients were given false statements regarding their balances as part of the alleged fraud. Officials have not yet said how many clients overall were affected and how much money in total is missing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 91. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Someone always trying to help themselves to other people’s hard work and money. Entitled people need lessons in reality.

Probably had it invested in Biden’s economy

ChiefsKingdom

There is regular fraud involving banks and investment companies in Jamaica. Monies are always depleted from depositors account who are off the island. When beneficiaries show up there is no account on record or told that they were already closed

What a surprise.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Usain Bolt Fires Business Manager After $12 Million Goes Missing In Alleged Fraud CaseThe retired sprinter said he is baffled as to how the money vanished from a Jamaica investment firm that's now under investigation for possible yearslong fraud. Have him talk to Billy Joel, Cyndy Lauper, etc. This is as old as time. Madonna ran/runs her own empire so that did not happen to her. Tipo as inconsistências contábeis das Americanas The company, SSLJamaica, its managers and directors, and the FSCJamaica (regulator) too, have some serious explaining to do! TalkTheTruth
Source: HuffPostWomen - 🏆 27. / 68 Read more »

Usain Bolt fires business manager over Jamaica fraud caseSAN JUAN, Puerto Rico (AP) — Jamaican sprinter Usain Bolt told reporters Friday that he is baffled over how $12.7 million of his money has gone missing from a local private investment firm that authorities are investigating as part of a massive fraud that began more than a decade ago. I’ll take over for him (RIGHT NOW) look whats going on in the comment section of this paul Pelosi vid right now i bet its the republican troll farm in Arizona THIS IS NEWS GO C 4 YOURSELF THESE PEOPLE IN THE COMMENTS R NOT MY COUNTRYMEN A business? You would think he would be able to RUN it. 👍🙄
Source: AP - 🏆 728. / 51 Read more »

Usain Bolt fires business manager over Jamaica fraud caseJamaican sprinter Usain Bolt told reporters he is baffled over how $12.7 million of his money has gone missing from a local private investment firm that authorities are investigating as part of a massive fraud that began more than a decade ago. Money doesn’t normally just disappear. I hope the catch the crooks as fast a Usain Bolt runs. Dude keep track of your investments.
Source: ABC - 🏆 471. / 51 Read more »