SAN JUAN, Puerto Rico (AP) — Lawyers for Usain Bolt, one of the world’s greatest sprinters, said Wednesday that more than $12.7 million is missing from his account with a private investment firm in Jamaica that authorities are investigating.
Attorney Linton P. Gordon provided The Associated Press with a copy of a letter sent to Stocks & Securities Limited demanding that the money be returned.
Gordon said Bolt’s account once had $12.8 million but now reflects a balance of only $12,000.
“If this is correct, and we are hoping it is not, then a serious act of fraud larceny or a combination of both have been committed against our client,” Bolt’s attorneys say in the letter.
They threaten civil & criminal action if the money is not returned within 10 days.
Stocks & Securities Limited asked via it's website that clients direct all urgent queries to Jamaica’s Financial Services Commission, which is investigating the firm.
The company has said that it discovered the fraud earlier this month and that several of its clients may be missing millions of dollars.
Bolt’s lawyers sent the letter Monday, the same day that Jamaica’s Financial Services Commission announced it was appointing a special auditor to look into fraud allegations at Stocks & Securities Limited, which is based in the capital of Kingston.
Bolt, who retired in 2017, holds the world records for the 100 meters, 200 meters & 4x100 meters.
#usainbolt #usainbolttrackandfield #usainboltjamaica #jamaica #trackandfield #robbery #fraud #theft #investments #lifesavings #retirementfund #investmentfirm #usainboltrobbedof12million #crooks #thieves #stocksandsecuritieslimited #financialservicescommission #fastestmanonearth #criminalinvestigation #kingstonjamaica
Follow Me
}
Comments