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August 6th 2017, London Stadium, East London, England; IAAF World Championships; Day 3; Usain Bolt of Jamaica receives the Bronze medal for finishing 3rd in the Men s 100 metres final in his last competitive singles 100m xJohnxPatrickxFletcherx PUBLICATIONxINxGERxSUIxAUTxHUNxSWExNORxDENxFINxONLY ActionPlus11912592
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via Imago
August 6th 2017, London Stadium, East London, England; IAAF World Championships; Day 3; Usain Bolt of Jamaica receives the Bronze medal for finishing 3rd in the Men s 100 metres final in his last competitive singles 100m xJohnxPatrickxFletcherx PUBLICATIONxINxGERxSUIxAUTxHUNxSWExNORxDENxFINxONLY ActionPlus11912592
Usain Bolt might be the fastest sprinter of all time, but when it troubles off the track, he simply cannot sprint out of them like it’s nothing! Back in late 2022, the Jamaican legend was shocked that more than $12.7 million had been wiped out from one of his investment funds. The company in question was Stocks and Securities Limited(SSL). Shocked to the core by the revelation, Bolt decided to make the incident public immediately. And once it was out, his fans, along with the entire Jamaican banking sector could not contain their disbelief.
While an extensive investigation was launched by the government, a couple of tweets from Bolt further added fuel to the fire. Back on February 8, 2025, a clip shared on Instagram by The Fix Productions saw Bolt chiming in with a cryptic statement. He said, “Now, at some point, I have to start saying something. Now I have to be careful because now you’re looking at everybody sideways.” Quickly, the fans linked his statement with one of his X posts from October 2, 2024. The post read, “Broken words not broken records [watch emoji].” Eagle-eyed fans were quick to interpret his statements as a clapback towards the government.
Making matters worse, a narrative that not all of Usain Bolt’s funds have reached the SSL circulated recently. However, all those claims have been downright rejected in a recent mail sent by Attorney-at-Law, Linton P. Gordon. Delving deep into the mail, it clearly dismisses all ideas that the Olympic champion did not properly transfer funds to the SSL. In fact, other than the money being sent via bank transfer, SSL themselves acknowledged the payment of the amount in writing.
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Taking matters to the Supreme Court, the mail further pointed out, “Furthermore, Mr. Ken Tomlinson, who was appointed by the Financial Services Commission (FSC) to take temporary management of SSL, found records confirming these lodgements and has attested to them in the Supreme Court.” It also states that even the Prime Minister and the Government of Jamaica have all invested in SSL along with thousands of common Jamaican people.
— Usain St. Leo Bolt (@usainbolt) February 14, 2025
Thus, downplaying Bolt as careless implies that everybody who trusted SSL has done the same. Moreover, the SSL also had a FSC-issued license, which made the institution a government-accredited body. The mail says, “Every citizen has the right to rely on the government entity that is responsible for assessing and regulating such institutions.
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There now appears to be an organized effort to shift blame onto The Honorable Usain Bolt for his loss— when he is guilty of nothing more than investing in the country that he loves.” Lashing out at the government, the mail stated that all the complaints made against Bolt’s carelessness were a case of victim blaming.
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Wait, there’s more. The mail further claimed that efforts were being made to “absolve the government of its failure to protect the public and those defrauded by SSL.” In the final half of the mail, Mr. Gordon argued that the government had claimed that investigators from the United States of America and the United Kingdom came down to look into the company’s operations and conduct thorough audits. Unfortunately, the reports of the same were not shared with the Jamaican sprinter or his attorneys. Thus, all in all, the Usain Bolt fraud case has taken quite a serious turn. Now, it remains to be seen what happens next.
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