Usain Bolt reportedly missing $12.7 million from investment account in Jamaica | CNN

TL;DR

Lawyers for eight-time Olympic gold medalist Usain Bolt say more than $12.8 million is missing from his account with a Jamaican investment firm now under police and government investigation.Jamaican law enforcement received complaints about alleged fraud at wealth management firm Stocks & Securities Ltd (SSL) on January 11, affecting accounts belonging to Bolt and others, Selvin Hay, Chief Technical Director of Jamaica’s Financial Investigations Division, told CNN.A letter from Bolt’s lawyer, Linton Gordon, to SSL, which has been shared with CNN, says the former sprinter is looking to recover $12.8 million after the balance of his SSL account was “mysteriously” depleted to just over $12,000.CNN has contacted SSL for comment but did not receive a response.“Employee theft is a risk all businesses face and is a risk that businesses for the most part, and in particular financial institutions, take very seriously … This despicable act of dishonesty by an employee at SSL, and possibly with collaborators, we believe cannot be taken as symptomatic of the risk for the entire industry.”According to Reuters, SSL issued a statement on January 12 saying it had become aware of fraudulent activity by a former employee and referred the matter to law enforcement."

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