Usain Bolt responds to financial fraud, Jamaican sprinter loses $12.7 million
Jamaican athlete and gold medalist Usain Bolt has lost $12.7 million. The athlete reportedly lost money in his account at a Jamaican investment firm. Bolt is now considering the possibility of taking the matter to court. The sportsman kept his account with Kingston-based Stocks and Securities (SSL) and his bank balance is now down to $12000. This information was confirmed by his lawyer Lyndon Gordon.
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Responding to the whole incident, Bolt’s lawyer Lyndon Gordon said he would take legal action with his client if the company refuses to return their funds. After his lawyer’s statement, now Bolt has reacted strongly to it and he has sent two tweets. The Olympic medalist also posted a picture on her official Instagram handle reacting to the entire incident.
Deafening Silence
— Usain St. Leo Bolt (@usainbolt) January 19, 2023
Jamaica has started an investigation in this regard. The Financial Services Commission (FSC) said it has placed the company under ‘enhanced supervision’ while it conducts investigations. According to Bolt’s attorney Lyndon Gordon, the account was used as Bolt’s pension for himself and his parents. Bolt retired in 2017 after dominating the global sprinting circuit. Bolt can also be said to have revitalized a sport that has always been under the spotlight due to doping scandals. Bolt’s prowess is evidenced by the fact that he has become a household name with the likes of Brazilian soccer legend Pele and American boxing champion Muhammad Ali. The Jamaican sprinter holds records in the 100 meters, 200 meters, and 4 × 100 meters relay and is considered one of the greatest sprinters of all time.
