Jamaican Olympic sprinter Usain Bolt recently discover $12 million missing from his retirement account.
Bolt’s lawyer said there was only about $12,000 left in Bolt’s account held with Kingston-based investment firm Stocks and Securities
There's only about $12,000 left in Bolt's account. Bolt’s retirement and life savings were included in the account,
Investigations are on into the private investment firmin Jamaica, and the case has sparked criticism over the government’s handling.
Bolt, who retired from athletics in 2017, has made no withdrawals or transfers from the account and plans legal action if the funds are not recovered.
Jamaican law enforcement was intimated about alleged fraud at wealth management firm Stocks & Securities Ltd (SSL) on January 11, affecting accounts belonging to Bolt and others.