Usain Bolt’s $12.7 Million Fraud Case Delays, leaving Him Dejected

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Usain Bolt, the legendary Jamaican sprinter, is reportedly feeling frustrated and dejected over the lack of progress in the investigation into a significant fraud case involving him.

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Last year, Bolt lost over $12.7 million at Stocks and Securities Limited (SSL), a private investment firm in Jamaica. Upon checking his account in January 2023, he was shocked to find only $12,000 remaining.

The scandal has had widespread implications, prompting the Jamaican Financial Services Commission to place SSL under strict oversight.

Despite this, more than a year has passed with little to no updates on the investigation, even after the involvement of the Federal Bureau of Investigations (FBI) to help unravel the case.

Usain Bolt's $12.7 Million Fraud Case Delays, leaving Him Dejected

Bolt’s lawyer, Linton Gordon, expressed his client’s desperation to identify those responsible for the theft.

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“We haven’t had one iota of information regarding the outcome of those investigations.

So, we don’t know who took the money or who we can turn to because everything is now undercover,” Gordon stated, as quoted by the Jamaica Gleaner.

The former sprinter has taken to social media, posting a series of cryptic tweets that have sparked speculation among fans about his ongoing frustration with the situation.

Gordon further revealed, “He’s very frustrated and disappointed. He’s simply shocked and disappointed to know a country he has put on the map, and he put his money in an institution here, that he has lost it or he can’t get it back.”

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Bolt, who retired in 2017 with a remarkable legacy of eight Olympic gold medals and still holds the world records for the 100m and 200m races, had invested with SSL for over a decade.

As the investigation continues without clarity, both Bolt and his supporters are left hoping for answers and accountability in a case that has marred the reputation of Jamaica’s financial sector.

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