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Usain Bolt Loses $12 Million in Financial Scam

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Usain Bolt: Jamaican Sprint Legend loses $12 Million (Image Source: Twitter)

Usain St. Leo Bolt is a retired Jamaican sprinter. Widely considered to be one of the greatest sprinters of all time. He is one of the world’s greatest sprinters.

Bolt had J$2 billion in his account on October 31, 2023 while the amount became J$1.8 million on January 11, 2023.

Bolt, Jamaica’s Olympic sprinting legend, has $12 millions of dollars from his account with Kingston based investment firm Stocks and Securities Ltd.

“The account was part of Bolt’s retirement and lifetime savings,” his lawyer, Linton P. Gordon.

“We will be going to court with the matter”, if the company does not return the funds, Gordon said.

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The Account serve as a pension for the eight-time Olympic gold medalist sprinter and for his parents, Gordon said.

Finance Minister Nigel Clarke said on Tuesday night that SSL had allegedly committed “alarming and evil fraud” and that authorities would “bring all perpetrators to justice.”

Bolt retired in 2017 after dominating global sprinting for a decade.

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