Usain Bolt Lost $12 Million in Savings to a Scam
- Account was part of Bolt’s retirement, lifetime savings
- Regulators take control of SSL after alleged fraud reports
Usain Bolt
Photographer: Martin Bureau/AFP/Getty Images
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Jamaican Olympic sprinter Usain Bolt was shocked to discover $12 million missing from an account he had with Kingston-based investment firm Stocks and Securities Ltd., according to his lawyer.
Bolt was recently told there was only about $12,000 remaining in the account, his lawyer Linton P. Gordon said in a phone interview. The account was part of Bolt’s retirement and lifetime savings.