Usain Bolt of Jamaica is missing $12.7 million in an investment fraud case
Usain Bolt's attorneys claim that their client was scammed of $12.7 million from his account. Bolt has won eight Olympic gold medals.
officials are looking into how $12.7 million from his account with a private investment company in Jamaica was fraudulently taken.
Last week, Stocks and Securities Ltd (SSL), a Kingston-based company, notified Bolt that the balance on his account had mysteriously decreased.
Bolt's attorney, Linton P. Gordon, stated on Friday that the account, which formerly held $12.8 million, now only has $12,000.
If the business does not return the money, Gordon said, "We will be taking the matter to court."
Kingston-based SSL, a private wealth management service, has been placed under "increased control" while the Financial Services Commission (FSC) looks into the company.
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