Jamaican Olympic sprinter, Usain Bolt, is currently in shock after investment scammers defrauded him of $12 million from his retirement and lifetime savings account.
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According to his lawyer, Linton P. Gordon, Bolt discovered $12,000 was left in an account he had with Kingston-based investment firm Stocks and Securities Ltd.
“It’s distressful news for anyone,” Gordon said on Wednesday. “And certainly in the case of Mr. Bolt, who established this account as part of his private pension.”
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, according to Bloomberg.
SSL did not immediately respond to calls and emails requesting comment.
Gordon said he would take the case to the Supreme Court in Kingston if Bolt did not recover the money in eight days.
Bolt, an eight-time Olympic gold medal winner, is considered the world’s fastest man, holding world records in the 100-meter and 200-meter races. On Monday, Bolt quoted lyrics on his Twitter account that, in part, read: “The History of Evil…What is the Root?…MONEY.”
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