Lawyers for sprinter Usain Bolt say more than $12.7 million is missing from his account with a private investment firm in Jamaica that authorities are investigating.
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.
“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.Stocks & Securities Limited did not immediately respond to a request for comment. On its website, the company asked 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.“It is tempting to doubt our financial institutions, but I would ask that we don’t paint an entire hard working industry with the brush of a few very dishonest individuals,” he said.
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