‘I’m not broke, but…’: Usain Bolt speaks after $12m disappearance
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Jamaican sports star Usain Bolt.
© Source: James Ross/AAP/dpa
San Juan. Jamaican sports star Usain Bolt has spoken in amazement at the disappearance of more than $12.7 million from his assets at a private investment firm. Bolt announced Friday that he had fired his private business executive. When asked if he was broke, former star athlete Bolt responded with a laugh. “I’m not broke, but it definitely hit me.” The money was for his future. He has three children and still takes care of his parents.
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Bolt’s lawyers have said his balance at Jamaican investment firm Stocks and Securities Limited fell from just under $12.8 million to around $12,000. The company is under investigation for fraud. The alleged fraudulent activities are said to have started more than ten years ago.
The authorities have asked for the help of the US federal police FBI and other international experts in the investigation. According to the information, customers received false information about their account balance as part of the alleged fraud. How many people are affected and how much money is involved was not disclosed.
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RND/AP
