Usain Bolt Lost $12.7 Million From Private Investment Firm

lost $ 12.7 Million from his an account with a Jamaican private investment firm confirmed by his Lawyer.

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Once Bolt had $12.5 Million in his account at Jamaica, firm Stocks & Securities Limited but now its only shows $12,000 in his account.

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The company contacted authorities earlier this month to alert them that a manager had apparently committed fraud.

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Jamaica Constabulary Force is investigating this matter to find out the alleged fraudulent activities of the investment firm.

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As per Jamaica Finance Minister Nigel Clarke the director of the Financial Service Commission had step down of his post.

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Bolt's account was intended to serve as a pension for himself and his elderly parents.

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Usain Bolt is World 100 and 200 meters record holder Olympics sprinter with 8 time gold medalist in other world championships.

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Bolt has broken the 200 meters world record, setting 19.30 in 2008 and 19.19 in 2009.

Image credit: getty images

Bolt took retirement in 2017 after dominating global sprinting for a decade.

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In 2021, Bolt released a single titled "Living the Dream" with his childhood friend and manager Nugent 'NJ' Walker.

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