Usain Bolt's retirement funds are reportedly missing millions as an investigation is launched into his account at an investment firm.
What is the Root?… Where is the Truth? It has been claimed Bolt opened the account in his home town in 2012.
Bolt says that there are millions of dollars missing from his investment accounts with Stocks and Securities Limited, and an investigation is now reportedly ...
The employee's attorney said that her client "is in discussion with SSL and the lawyers representing SSL," and has been for at least the last two weeks. This unnamed employee has been implicated in other cases of fraud and could be involved in the sums missing from Bolt's accounts. One early lead in the investigation is said to be a former SSL employee that's been accused of widespread fraud.
Bolt speaks, referencing his social justice diss track "Cryptic World" amid the financial scandal.
He is the only sprinter to have won three consecutive Olympic gold medals in the men’s 100 metres and 200m, from Beijing 2008 to Rio 2016. However, the source stated that only US$2,000 remains in the account,” [according to The Observer](https://www.jamaicaobserver.com/latest-news/usain-bolt-pens-cryptic-message-after-funds-wiped-out-at-ssl/). What is the Root?… Where is the Truth? Bolt is one of the highest-earning track and field athletes of all time, earning a reported 33 million dollars in 2016 alone. [reported](https://www.jamaicaobserver.com/latest-news/usain-bolt-pens-cryptic-message-after-funds-wiped-out-at-ssl/) that Bolt apparently opened his account with SSL in 2012 but has never made a withdrawal.
Declaring that Usain Bolt should not be given preferential treatment over other investors whose monies have reportedly been embezzled at Stocks and.
so what are you saying, that Usain Bolt is so special that they should speak out in his case but not in the case of the other fellow Jamaicans who were previously defrauded?” “The fact of the matter is people get scammed everyday and bolt is just another one. In the other cases, neither the Prime minister or the Minister of Finance said a word. This is a private entity and the investigations are ongoing. We Need To Hear From The Prime Minister And The Minister Of Finance, Assuring Us That Jamaicans Are Safe To Invest In Jamaica!! “Many ppl with disabilities, old age etc in the USA etc lose their homes and end up taking their own life all because of Jamaican scammers. “This is not a political issue. But I do wish that the ordinary hardworking people, who have toiled to build this country, who are defrauded of their little earnings monthly n fortnightly, would be given the same consideration,” one commenter stated . and that’s y the society is horrible as it relates to stealing,” another commenter mused. They’re all heroes investing in our country,” he noted, adding later on his Instagram page: “Not all heroes are known. Mary native stated in responding to the post on Instagram. Nigel Clarke ought to release a statement regarding the scam against Usain, in which the track icon was fleeced of approximately US$10 million (J$1.5 billion).
Finding himself stuck in a scam and bearing a loss of millions of dollars, Usain Bolt and his disheartened fans lamented over social media.
Jamaica has failed,” and “Usain could’ve chosen to live anywhere in the world, yet he chose to stay and invest in his country and this is how they repay him? The History Evil….What is the Root?…MONEY #CrypticWorld”. ADVERTISEMENT However, they recently entered troubled waters after reports of fraudulent practices. Recently, Bolt noticed discrepancies in his investment account and has been knee-deep in investigating the scam. Track and field star
Retired Olympic sprint superstar Usain Bolt continues to trend on social media, gaining the support of his fans and followers, after it emerged that he was ...
Saba is an island in the Caribbean that many people both inside and out of the region have never heard about. 'The LOVE of money is the ROOT of all EVIL'. A former employee is reportedly part of the probe. metal is a highly toxic element that can threaten our health and the What is the Root?... Where is the Truth?
Former Jamaican sprinter Usain Bolt announced Monday that he fears he has lost some $10 million he invested in the Jamaican investment company Stocks and ...
Olympic athlete Usain Bolt has lost almost $10 million from his personal savings this month, due to an internal SSL scam.
Previously, the Financial Services Commission (FSC) did report that the SSL was accused of unauthorized sales in the past, also according to Essentially Sports. Bolt shared a tagged [Instagram photo](https://www.instagram.com/p/ClRTeBCLX7s/?utm_source=ig_web_copy_link) supporting the brand in November last year, wearing a black, coral and turquoise sweatsuit with golden yellow color-blocked sneakers (which are currently unavailable) from the brand. Though there were initial suspicions raised in August 2022, the scammer was not caught — and the potential recovery of the stolen assets is unknown at this time.
Usain Bolt has reportedly been defrauded by a wealth advisor who cost the sprinting legend $10 million in retirement savings.
The 36-year-old is broadly considered the fastest man of all time. Bolt’s team originally requested a meeting with SSL in December after noticing a discrepancy in his financial portfolio. Bolt is among over 30 people who have reportedly been victimized by the nefarious actions of a wealth advisor at SSL.
The world record-holder had $10 million invested with Jamaican firm Stocks and Securities Limited, which lost a total of $1.2 billion from over 30 accounts ...
[Forbes](https://www.forbes.com/profile/usain-bolt/?sh=2614b88bc805) listed him as the 45th highest paid athlete in 2018, but he has not appeared on the list since. The total losses add up to more than $1.2 billion, as reported by [Jamaica Observer](https://www.jamaicaobserver.com/news/1-2-b-fraud/). [launched an investigation](http://www.fscjamaica.org/fsc-news/news-articles/news-480.html) into potential fraud not only in Bolt’s case but also in the case of over 30 other alleged victims. Suspicious transactions had effected some of the accounts for over a decade. But on January 11, Bolt’s financial team noticed discrepancies in his account with Jamaican investment firm Stocks and Securities Limited (SSL). [Usain Bolt](https://www.runnersworld.com/news/a32596198/usain-bolt-kasi-bennett-baby-girl/), 36, has amassed a sizable fortune from his athletic pursuits.
Just last week, it was reported that the worlds fastest man, Usain Bolt was a victim of massive fraud in Jamaica.
Reportedly, the company was unaware that Bolt was impacted by the fraud. As per the report, the sprinting legend is believed to have invested just slightly less than $10 million. Currently, the legend is worried that all the investments he made in Stocks and Securities Limited ( [SSL](/definition/secure-sockets-layer-ssl)) are missing and even the recovery of his funds remains unsure.
According to multiple reports, Bolt's financial team noticed discrepancies in his account with Jamaican investment firm Stocks and Securities Limited (SSL). An ...
He has access to global, secure & credible banks/firms eg Swiss banks et al - he didn't have to keep his money in JA," "Usain Bolt chose to keep his money in JA to support the growth, development and credibility of his nation's financial markets. Sports World Is Saddened By The Usain Bolt Update
Usain Bolt has reportedly been frauded out of millions of dollars from an investment account he has in his home country of Jamaica.
“The Gleaner has learnt that a former employee at SSL has been implicated in a massive fraud at the entity, including the missing sums from Bolt’s accounts,” they wrote. [Bolt’s](https://thecomeback.com/tag/usain-bolt) lawyers have demanded payment of under $13 million within the next ten days. A former employee at SSL is reportedly involved in the case also.
Bolt speaks, referencing his social justice diss track "Cryptic World" amid the financial scandal.
He is the only sprinter to have won three consecutive Olympic gold medals in the men’s 100 metres and 200m, from Beijing 2008 to Rio 2016. What is the Root?… However, the source stated that only US$2,000 remains in the account,” [according to The Observer](https://www.jamaicaobserver.com/latest-news/usain-bolt-pens-cryptic-message-after-funds-wiped-out-at-ssl/). Where is the Truth? Bolt is one of the highest-earning track and field athletes of all time, earning a reported $33 million in 2016 alone. [reported](https://www.jamaicaobserver.com/latest-news/usain-bolt-pens-cryptic-message-after-funds-wiped-out-at-ssl/) that Bolt apparently opened his account with SSL in 2012 but has never made a withdrawal.
Jamaican wealth management firm Stocks and Securities Limited (SSL) has reportedly lost more than $1.2 billion to employee fraud -- including Usain Bolt's ...
Another Jamaican government regulator involved with the investigation said this week that transactions of a suspicious nature had been going on for over 10 years. Are You Asking It Already? [investment](https://www.jamaicaobserver.com/news/ssl-fraud-deepens/) was a little less than $10 million. [Jamaica Observer](https://www.jamaicaobserver.com/news/bolt-bombshell/), and had alerted authorities. He holds [The Gleaner](https://jamaica-gleaner.com/article/news/20230112/millions-missing-usain-bolts-account-investment-firm-ssl) outlet.