Usain Bolt

The investment firm in question, Stocks & Securities Limited, is being investigated by Jamaica's financial supervisory body, the Financial Services Commission ...

says the company is “currently under the direction of the Financial Services Commission” and asks for patience from “anxious” clients. Bolt holds the world records for the 100 meters and 200 meters and ran on the team that set the 4x100-meter world record. He retired in 2017.

An attorney for Usain Bolt claims the Olympian sprinter fell victim to a fraud scheme that has resulted in more than $12 million missing from his account.

Bolt’s attorneys are threatening civil and criminal action if the money is not returned within 10 days. There was previously $12.8 million in the account. “We understand that clients are anxious to receive more information and assure you that we are closely monitoring the matter throughout all the required steps and will alert our clients of the resolution as soon as that information is available,’’ Stocks & Securities Limited wrote in a statement on its website.

RIATH AL SAMARRAI: Lawyers for Bolt claim a check on his balance earlier this month revealed he had been left with barely £9700 after what they described as ...

Olympic legend Usain Bolt is threatening to sue a private investment firm in Jamaica [Usain Bolt](/sport/usain_bolt/index.html) is threatening to sue a private investment firm in Jamaica after more than £10million disappeared from his account. - Olympic legend Usain Bolt is threatening to sue a private investment firm

Lawyers for Usain Bolt said the former Olympic sprinter is missing more than $12.7 million from his account with a private investment firm in Jamaica.

Stocks & Securities Limited did not immediately respond to a request for comment. Bolt’s lawyers sent the letter Monday, the same day that Jamaica’s Financial Services Commission announced it was appointing a special auditor to look into fraud allegations at Stocks & Securities Limited, which is based in the capital of Kingston. "We understand that clients are anxious to receive more information and assure you that we are closely monitoring the matter throughout all the required steps and will alert our clients of the resolution as soon as that information is available," the company said.

Investment firm in Jamaica is being investigated as retired sprinter's lawyer says only $12000 left in account.

Stocks & Securities Limited did not immediately respond to a request for comment. Bolt’s lawyers sent the letter on Monday, the same day that Jamaica’s Financial Services Commission announced it was appointing a special auditor to look into fraud allegations at Stocks & Securities Limited, which is based in the capital of Kingston. “We understand that clients are anxious to receive more information and assure you that we are closely monitoring the matter throughout all the required steps and will alert our clients of the resolution as soon as that information is available,” the company said.

Lawyers of the Olympic sprinter say Bolt's account is missing more than $12.7m from his account.

[investigates the firm](/news/2023/1/14/jamaica-probes-fraud-as-usain-bolts-millions-feared-missing). [left with only $12,000](/news/2023/1/14/jamaica-probes-fraud-as-usain-bolts-millions-feared-missing). [Usain Bolt](/features/2016/8/16/rio-2016-usain-bolt-from-strong-child-to-track-king) say their client has been defrauded of $12.7m from his account with a private investment firm in Jamaica that authorities are investigating.

Usain Bolt's lawyer has alleged that his client's account at a private investment firm in Jamaica had $12.8 million but now reflects a balance of just ...

You brought great pride to the country and hope to the people, this feels like a bad dream. You brought great pride to the country and hope to the people, this feels like a bad dream.” George Pell penned a memorandum outlining his concerns, which was published under a pseudonym, 'Demos'. “A time to keep ……. A time to keep ……. Follow us on [also read] [World](https://www.firstpost.com/category/world) ['Catastrophe': Cardinal George Pell's secret memo blasts Pope Francis](https://www.firstpost.com/world/catastrophe-cardinal-george-pells-secret-memo-blasts-pope-francis-11978112.html) The money is missing from the Olympic sprinting legend’s account with a private investment firm in Jamaica. “It’s distressful news for anyone,” the lawyer said on Wednesday. What are the latest developments in the case? A major chunk of the sprinter's retirement savings has been lost He gives back so much, so so much and y’all robbed him? How did the Jamaican Olympic sprinter lose millions?

Usain Bolt: Retired Olympic sprinting champion Usain Bolt has allegedly lost millions of dollars from his investment account at Stocks & Securities Limited.

The third-party service providers that generate these cookies, such as, social media platforms, have their own privacy policies, and may use their cookies to target advertisement to you on other websites, based on your visit to our sites. These cookies collect information about your activities on our sites as well as other sites to provide you targeted advertising. However, this will not prevent the sites from placing further cookies on your device unless and until you adjust your Internet browser setting as described above. If you subscribe to a newsletter or otherwise register with the Sites, these cookies may be correlated to you. Without these essential cookies we may not be able to provide certain services or features and our site will not perform as smoothly for you as we would like. We use persistent cookies to improve your experience of using the sites. However, if you select this setting you may be unable to access certain parts of the sites. Zeenews.com use cookies and other technologies to store information in your web browser or on your mobile phone, tablet, computer, or other devices (collectively "devices") that allow us to store and receive certain pieces of information whenever you use or interact with our zeenews.india.com applications and sites. These third-party service providers use persistent Cookies to help us improve user experience, manage our site content, and analyse how users navigate and utilize the sites. A cookie is a small text file that can be stored on and accessed from your device when you visit one of our sites, to the extent you agree. Likewise, if you share any content on this website through social networks (for example by clicking a Facebook “like” button or a “Tweet” button) you may be sent cookies from these websites. zeenews.india.com understands that your privacy is important to you and we are committed for being transparent about the technologies we use.

SAN JUAN, Puerto Rico (AP) — Lawyers for Usain Bolt, one of the world's greatest sprinters, said Wednesday that more than $12.7 million is missing from his ...

An investigation into a private investment firm in Jamaica where $12.7 million belonging to sprinter Usain Bolt has gone missing has sparked criticism over ...

12, the commission banned the company from conducting any transactions without its approval, and it has since appointed a temporary manager to oversee the company’s daily operations. Clarke said a preliminary investigation found that a number of elderly clients also have been defrauded. The investigation began after Stocks and Securities Limited sent authorities a letter Jan.

An investigation into a private investment firm in Jamaica where $12.7 million belonging to sprinter Usain Bolt has gone missing has sparked criticism over ...

12, the commission banned the company from conducting any transactions without its approval, and it has since appointed a temporary manager to oversee the company’s daily operations. Clarke said a preliminary investigation found that a number of elderly clients also have been defrauded. The investigation began after Stocks and Securities Limited sent authorities a letter Jan.

Lawyers of the Olympic sprinter say Usain Bolt is considering legal action if the money is not returned over the next eight days.

Gordon said regulators have not communicated with him or his client. The account was part of Mr Bolt’s retirement and lifetime savings. “It’s distressful news for anyone,” Gordon said on Wednesday.