Beyond a lush life and fame, athletes always acknowledge their journey and hardships that brought them success. Raking in the moolah over decades is not an easy feat. Track and field star Usain Bolt, however, faced one of the scariest nightmares – almost all of his life savings disappeared in a clean sweep, leaving behind only a small amount.
In a disheartening tale of greed and deceit, Usain Bolt discovered a sizable discrepancy in his retirement funds. It was not just a loss of a couple of thousand dollars, though. Bolt witnessed over $9,000,000 whisked away without any intimation. What followed was a major battle between the star and the investment company, lawsuits, and disappointed fans. Let’s dive deeper into the developments so far.
Big scam robs Usain Bolt of his retirement fund
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It all started when the Jamaican GOAT noticed that his investment portfolio was missing a lot of money. And this wasn’t a minor difference either. According to Jamaica Observer, what was supposed to be around a $10 million investment was all swiped up, leaving behind only a couple thousand dollars.
Bolt’s team was on high alert. Before the scam came to light, the athlete’s team received prior information about the discrepancy. What started as a one-off incident unveiled layers and layers of scams across various other clients. The investment company, Stocks and Securities Limited (SSL), was already in troubled waters for a particular employee’s involvement in fraudulent practices.
Read More: $9,998,000 Loss Rocks Olympic Legend Usain Bolt as Massive Scam Erupts in Jamaica
Apart from disappointed fans across the globe, another aspect of this scam adds fuel to the fire. According to a report, Bolt, whose net worth goes up to $31 million, was now left with a mere $2000 in his retirement account. After losing an estimated $9,998,000, the athlete expressed his shock and betrayal on his social media as well.
Bolt’s cryptic message concerned fans
In what could only be termed as a mysterious lament, the GOAT put up a picture of a blank screen while talking about how the world lacks truth in his caption.
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“In a World of Lies….Where is the Truth? The History Evil….What is the Root?…MONEY #CrypticWorld” the star wrote, referring to his loss. Disheartened fans flooded the comments section with love and support for their Jamaican star while raging about the situation. Bolt and his team have since given a 10-day ultimatum to SSL to return the star’s funds. Only time will tell what happens next.
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