In a statement released by Usain Bolt’s lawyers, it was revealed that one of the world’s fastest athletes has been duped, as over $12.7 million is missing from his account. The amount was in the private investment firm, based out of Jamaica.
Bolt’s attorney Linton P. Gordon stated that Bolt’s account once had $12.8 million, however now only $12,000 is seen in the account. The attorney also provided a copy of the letter sent to the investment firm to The Associated Press. The authorities have started investigating the issue with Stocks and Securities Limited over the missing money.
“We understand that clients are anxious to receive more information and assure you that we are closely monitoring the matter throughout all the required steps and will alert our clients of the resolution as soon as that information is available,” said the company through their website.
The company has said that millions of dollars might be missing from several other accounts, as they had discovered such frauds earlier this year.
The company has not responded to the request for comment. Bolt’s team has threatened the company with civil and criminal action if the money is not returned within the next 10 days.
“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”, said Jamaica’s finance minister, Nigel Clarke. He also called the situation alarming and unusual.