Usain Bolt lacking thousands and thousands from funding fraud scheme



The world’s quickest man, Usain Bolt, has run into some monetary points in Jamaica after his supervisor reported the sprinter is lacking thousands and thousands of {dollars} from an funding account with Jamaican agency Shares and Securities Restricted (SSL).

Usain Bolt greets followers after profitable the 200m on the Adidas Grand Prix Diamond League. Photograph: Kevin Morris

The eight-time Olympic champion’s supervisor informed Jamaican newspaper The Gleaner that Bolt had seen discrepancies together with his accounts on Jan. 11 and has since launched an investigation with Jamaica’s Monetary Investigations Division and Monetary Providers Fee.

Bolt has reportedly been a shopper of the funding agency for 10 years, however the agency has no thought the place the cash went; they believe fraud.

“His whole portfolio is being reviewed,” stated his supervisor Nugent Walker to the newspaper. Walker didn’t specify the precise amount of cash lacking from Bolt’s account, however claimed it’s within the thousands and thousands.

Nevertheless, The Gleaner reported {that a} former SSL worker has been concerned in a widespread fraud scheme, which can relate to the identical developments in Bolt’s case.

Representatives for Bolt and SSL didn’t reply to requests for a touch upon this story.

Usain Bolt Grand Prix
Usain Bolt on the 2015 Adidas Grand Prix Diamond League in NYC. Photograph: Kevin Morris

Bolt is among the highest-earning observe and discipline athletes of all time, incomes a reported 33 million {dollars} in 2016 alone. In 2018, Bolt was listed because the forty fifth highest-paid athlete on the earth, based on Forbes.

Bolt set the 100m and 200m world data on the 2009 World Championships in Berlin, the place he gained double gold. He’s the one sprinter to have gained three consecutive Olympic gold medals within the males’s 100 metres and 200m, from Beijing 2008 to Rio 2016.

Since 2017, Bolt, 36, has stepped away from athletics, in addition to racing one unofficial 800m for an insurance coverage commercial.



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