Usain Bolt duped of $12.7 million in Jamaica fraud case

SportsOther SportsUsain Bolt duped of $12.7 million in Jamaica fraud case
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Jamaican sprinter Usain Bolt said on Friday that he was perplexed how his $12.7 million went missing from a private investment firm.

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The case pertains to fraud cases in Jamaica dating back a decade. These cases of fraud are being investigated.

Bolt also said that he has sacked his business manager. Along with this, he added that they have not separated by mutual consent.

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Bolt laughed when asked if he was broken by the hoax.

He said, “I am not broken but definitely I have suffered a lot. This money was for my future. Everyone knows that I have three children and I also take care of my parents and I still want to lead a good life.

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Bolt’s lawyer said that the athlete had about $12.8 million deposited in Kingston-based Stocks and Securities Limited, which has now come down to $12,000.

He had given the company time till Friday to return the money or face civil and criminal action.

It was not clear whether any action was taken on Friday night. When contacted, Bolt’s lawyer declined to comment.

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