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Usain Bolt threatens to sue a private investment firm in Jamaica after more than £10MILLION vanished from his account containing his life savings
THE DAILY MAIL ^ | 19 January 2023 | RIATH AL-SAMARRAI

Posted on 01/19/2023 8:23:05 PM PST by dennisw

- With the eight-time Olympic gold-medalist left with just £9,700 Olympic legend Usain Bolt is threatening to sue a private investment firm It comes after more than £10million disappeared from his savings account His lawyers say he has been left with £9,700 after the 'distressing' news

Usain Bolt is threatening to sue a private investment firm in Jamaica after more than £10million disappeared from his account.

Lawyers for the eight-time Olympic gold medallist claim a check on his balance earlier this month revealed he had been left with barely £9,700 after what they described as a potential act of fraud.

It has been reported in Jamaica that the retired sprinter, whose earnings per season were estimated to top £20m when he was active, has given the firm a 10-day deadline to return the money.

Linton P Gordon, a lawyer for Bolt, said: 'The account was part of Bolt's retirement and lifetime savings.

'It's distressing news for anyone, and certainly in the case of Mr Bolt, who established this account as part of his private pension.'

He added: 'If this is correct, and we are hoping it is not, then a serious act of fraud larceny or a combination of both have been committed against our client.'

It is claimed that a number of clients for Stocks & Securities Limited have reported missing funds. The firm say Jamaica's Financial Services Commission is investigating.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Business/Economy; Chit/Chat; Sports
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To: Sicon

Came for this meme
Was not disappointed


21 posted on 01/20/2023 7:06:51 AM PST by freedomlover
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To: freedomlover
You know, it's such a great scene, that I am posting a link to it for those who may never have seen it:

Annnd, it's gone!

22 posted on 01/20/2023 7:17:31 AM PST by Sicon ("All animals are equal, but some animals are more equal than others." - G. Orwell)
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To: dennisw

a private investment firm in Jamaica


Is not a savings account, it is a risky investment.............


23 posted on 01/20/2023 7:28:21 AM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: Jonty30

If it’s true, someone would start a Go Fund Me for him. He’d get back ten-fold what he lost. Good dude.


24 posted on 01/20/2023 9:05:39 AM PST by Mathews (I have faith Malachi is right!!! Any day now...)
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