retired jamaican Superstar Sprinter Usain Bolt told reporters on Friday that he is searching for answers after $12.7 million went missing.
Authorities are investigating a private investment firm as part of an alleged large-scale fraud operation.
Bolt had millions invested with the firm and has fired its business manager in response to the ongoing investigation.
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Usain Bolt’s Farewell Ceremony at London Stadium on August 13, 2017 in London.
(Reuters/Phil Noble)
Bolt noted that the parting was not amicable, and dismissed the notion that he was now “broken”.
“I’m not broke, but it definitely takes a toll on me,” he said. “It was for my future. Everyone knows I have three kids. I’m still looking for my parents, and I still want to live very well.”
Bolt’s lawyers accompany the athlete’s account Kingston based Stocks & Securities Ltd. declined from approximately $12.8 million to approximately $12,000. Was warned of legal action for not returning the money till Friday. It was not clear as of Saturday whether any legal action had been initiated.
Bolt told the Jamaica Observer newspaper that the public should “guess the expected and the unexpected” in the case.
“Looking at what is happening there is nothing to say at this stage,” he said. “We have met with individuals, and we are dealing with some cases.”
Usain Bolt of Jamaica celebrates winning the gold medal in the Men’s 4×100 meters relay final at the 2016 Summer Olympics in Rio de Janeiro
(AP Photo/David J. Phillip)
famous Olympic sprinter noted that several government agencies and elderly customers were also affected by the alleged fraud. It is not clear how many customers were affected in total and how much money is missing in total.
“It’s always a sad situation. Definitely disappointed,” Bolt said of the affected veterans. “Everybody’s confused. … I’m confused like the public.”
Has sought help from the Jamaican authorities FBI and other unnamed international experts said that customers were given false statements regarding their balances as part of the alleged fraud.
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On Friday, Bolt referred to the alleged cheating during a scheduled luncheon appearance.
Retired Jamaican sprinter Usain Bolt speaks during an interview in Tokyo on December 1, 2022.
(AP Photo/Hiro Komae, File)
He said, “As you all know. I’m going through a tough week, some tough weeks.”
“No matter what is going on now, Jamaica is my country. That will never change.”
Stocks and Securities contacted law enforcement earlier this month to report that a manager apparently committed fraud.
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Jamaican Prime Minister Andrew Holness had previously announced that his administration would not bail out the company.
The Associated Press contributed to this report.