Eight-time Olympic gold medalist Usain Bolt, known as one of the greatest
athletes of all time, may have lost millions of dollars to a large-scale financial
fraud. The Jamaica Financial Services Commission (FSC) has launched an
investigation into the company holding Bolt’s investments, Stocks and
Securities Limited (SSL), and has placed the firm in “enhanced oversight”
while they conduct the probe. Bolt’s manager, Nugent Walker, confirmed that
the retired sprinter has had investments with the company for over a decade
and that discrepancies were noticed in his account on Wednesday. Reports
indicate that millions of dollars are missing from Bolt’s account, and the FSC is
taking the necessary steps to “come to the bottom of this.” The FSC’s oversight
process will allow them to have a “full view of the integrity of the transactions
being conducted, including the movement of funds, and of securities into and
out of SSL.” This news comes as a shock to the public, as Bolt’s stellar athletic
career, which included eight Olympic gold medals and 11 World
Championship gold medals, had made him a beloved and successful figure in
the world of sports.
Usain Bolt Loses Millions to Fraud: Investigation Launched into Financial Company
