Usain Bolt fires business manager over Jamaica fraud case

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Jamaican 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.

SAN JUAN, Puerto Rico --

Bolt’s attorneys have said the athlete’s account with Kingston-based Stocks and Securities Limited dwindled from nearly $12.8 million to some $12,000. They had given the company until Friday to return the money or face civil and criminal action. “There is nothing to say at this stage, given what is happening,” he was quoted as saying. “We have met with persons, and we are dealing with certain matters.”

Earlier on Friday, Bolt spoke at a sponsored luncheon for an upcoming relay and referred to the alleged fraud.

 

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Why do you think ones votDemocrat. The money is funneled unlike us pheasants that live here . They will take every penny from us

This is why he should've moved rt after winning all those metals & obtaining endorsements! All skin folks ain't kinfolks! I'm jus say'n

I tried to tell you. Money is literally being “funneled” to this other place. What do you think professional scammers do 24/7?

:-(

You can't trust anyone with your money. Before Lisa Marie Presley died, she sued her manager. Her father estate was over $200 million, when she finally checked, there was $14,000 left in there. Why would anyone go years without checking their account. Some people deserve - - - -

😲

It almost happened to myself as well, naturally not that sum but quite a bit!! Must keep an eye on finances cause if you don't someone else will.

Hopefully all your eggs weren't in one basket.

Sad

Never put all eggs in one basket.

Ojalá que los estafadores le devuelvan lo robado y paguen cárcel, ya no se puede confiar en nadie.

What a shame! But what do u expect from Socialist countries who deal in fraud!

This should be dealt with at the highest levels. He is a national hero who is widely admired around the world. This shouldn't happen to anyone.

Suggestions for Usain Bolt, Step 1.check the Biden's pockets, then check the Biden's pockets better. Step 2. If necessary do step 1 better since you must overlooked it.

not surprising as he's jamaica's biggest star since bob marley. that said, the cayman's are right there man!

Dude keep track of your investments.

I hope the catch the crooks as fast a Usain Bolt runs.

Money doesn’t normally just disappear.

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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 »