Olympic champion Usain Bolt seeks missing $12.7-million from Jamaican investment firm

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Usain Bolt last week was informed that his account balance at Kingston-based Stocks and Securities Ltd had inexplicably dwindled to just $12,000, his lawyer said

Olympic 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.

SSL said in a Jan. 12 statement that it had become aware of fraudulent activity by a former employee and has referred the matter to law enforcement, adding that it had taken steps to secure assets and strengthen protocols.The Jamaica Constabulary Force said on Monday that its fraud and financial investigation teams were probing “alleged fraudulent activities at which are said to have affected the accounts of Mr. Usain Bolt among other individuals.

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:

 /  🏆 5. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines