Usain Bolt, a Jamaican Olympic sprinter, lost $17.2 million from a pension account he had with a Kingston-based investment company, according to his attorney. In a recent conversation, Bolt was informed that there was only $17,200 remaining in the account with Stocks and Securities Limited, according to his attorney Linton P. Gordon. The 36-year-retirement old's and life savings were included in the account.

Anyone would find the news distressing, Gordon said on Wednesday. And undoubtedly in the case of Mr. Bolt, who set up this account as a component of his private pension. Last week, the Jamaican Financial services Agency announced that it had appointed its own temporary manager at SSL in response to concerns of alleged fraud, which had earlier caused the commission to tighten supervision over the bank. According to Gordon, he and his client have not been in contact with regulators. Gordon said he wants to take the matter to Kingston's supreme court if Mr. Bolt does not receive the money back within eight days.

Eight-time Olympic gold medalist Bolt is regarded as the best sprinter of all time and currently holds the 100- and 200-meter world records. He retired in 2017, but according to Forbes, his hefty endorsement deals and appearance fees allowed him to earn up to US$33 million annually. Nugent Walker, the star's manager, informed the Jamaican newspaper The Gleaner that "all the necessary processes have been followed to ascertain the truth" He has worked for this organisation for more than ten years, and his entire portfolio is being examined.

Many of SSL's clients may be missing millions of dollars, the company's spokesperson said, adding, "We understand that clients are anxious to receive more information and assure you that we are closely monitoring the matter throughout all the necessary steps and will alert our clients of the resolution as soon as that information is available."

AK's 'Thunivu' clearly explained these Financial frauds and now even a celebrity has been a victim of one such big scam has shocked the entire World. 

మరింత సమాచారం తెలుసుకోండి: