March 27, 2023

Usain Bolt is the victim of a suspicion of fraud

Usain Bolt has refuted claims that he is now broke. Rumors suggest that he only has $12,000 left in his bank account.

These rumors follow a case of fraud which could have cost 12 million euros to his company.

The athlete commented on the matter for the first time this weekend, during a luncheon for the Gibson McCook Relays at the Jamaica Pegasus Hotel.

“It will always be a sad situation for anyone to lose what they worked hard for,” Bolt told the Jamaica Observer.

“It’s a sad situation and I’m definitely disappointed. I don’t want to say too much, but, as we know, from everyone’s point of view, it doesn’t look good. I read a few comments and everyone is confused. I’m as confused as the audience, but we’ll see what happens. I’m not broke, but this definitely put the brakes on me. It was for my future. Everyone knows that I have three children, that I continue to take care of my parents and that I always want to live very well. »

What is the Usain Bolt fraud case?

Usain Bolt is widely regarded as the greatest sprinter of all time. He rose to prominence at the Beijing Olympics in 2008.

He ended his athletic career in 2017 with eight Olympic gold medals, 11 world championship titles and nearly unbeatable 100m and 200m records, but his retirement was not so happy.

He is the most high-profile victim of a $3 billion fraud case that affected more than 40 clients, as the $12.7 million he had invested in a Stocks and Securities Limited account reportedly fell to just $12,000.

The Jamaican government has asked the FBI to intervene to help it in its investigation, in order to shed light on this affair.

“Let’s give it some time and see what happens,” Bolt added.

“For me, it’s difficult, but I think the years of competition have helped me understand and focus. I leave the case in the hands of my lawyers and I just try to focus on my family and not think about it too much because it is a stressful situation. »

Photo credit: ladbible

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