Usain Bolt loses $12 million in savings to a scam | City Press

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Usain Bolt loses $12 million in savings to a scam

Jamaican Olympic superstar Usain Bolt was shocked to discover that $12 million missing from an account he had with Kingston-based investment firm Stocks and Securities Limited , according to his lawyer.Bolt was recently told there was only about $12 000 remaining in the account, his lawyer Linton P Gordon said in a phone interview. The account was part of Bolt’s retirement and lifetime savings.It’s distressful news for anyone.

Jamaica’s Financial Services Commission on Tuesday said it had installed its own temporary manager at SSL, following reports of allegations of fraud that had earlier prompted the commission to put the bank under enhanced oversight. Gordon said regulators have not communicated with him or his client. If Bolt does not see the money returned within eight days, Gordon said he plans to take the case to the Supreme Court in Kingston.

On Monday, Bolt quoted lyrics on his Twitter account that, in part, read: “The History of Evil...What is the Root?...MONEY."In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month.

 

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Ignorance is bliss_really?

Hyenas preyed on the lion's kill. It's a bad world we are living in.

True as nuts all the bit coins scammers come out here as well...

Something doesn't make sense here 🤔 😕

🤣🤣🤣🤣

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