{"id":2004,"date":"2023-01-12T19:31:19","date_gmt":"2023-01-12T19:31:19","guid":{"rendered":"https:\/\/basketball.runfyers.com\/index.php\/2023\/01\/12\/usain-bolt-reportedly-missing-millions-from-investment-accounts\/"},"modified":"2023-01-12T19:31:19","modified_gmt":"2023-01-12T19:31:19","slug":"usain-bolt-reportedly-missing-millions-from-investment-accounts","status":"publish","type":"post","link":"https:\/\/basketball.runfyers.com\/index.php\/2023\/01\/12\/usain-bolt-reportedly-missing-millions-from-investment-accounts\/","title":{"rendered":"Usain Bolt reportedly missing millions from investment accounts"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"dcr-1rmlzqn\">An investigation has been launched after millions of dollars reportedly went missing from an account belonging to eight-time Olympic champion <a href=\"https:\/\/www.theguardian.com\/sport\/usainbolt\" data-component=\"auto-linked-tag\" data-link-name=\"in body link\" target=\"_blank\" rel=\"noopener\">Usain Bolt<\/a>.<\/p>\n<p class=\"dcr-1rmlzqn\">Bolt\u2019s manager, Nugent Walker, <a href=\"https:\/\/jamaica-gleaner.com\/article\/news\/20230112\/millions-missing-usain-bolts-account-investment-firm-ssl\" data-link-name=\"in body link\" target=\"_blank\" rel=\"noopener\">told the Gleaner<\/a> that Jamaica\u2019s Financial Investigations Division and Financial Services Commission are looking into the case at investment firm Stocks and Securities Limited (SSL). SSL is also understood to have called the police.<\/p>\n<figure id=\"638fee24-3216-4e07-a54a-b7d56737649e\" data-spacefinder-role=\"richLink\" data-spacefinder-type=\"model.dotcomrendering.pageElements.RichLinkBlockElement\" class=\" dcr-11ra563\"><gu-island name=\"RichLinkComponent\" deferuntil=\"idle\" props=\"{&quot;richLinkIndex&quot;:2,&quot;element&quot;:{&quot;_type&quot;:&quot;model.dotcomrendering.pageElements.RichLinkBlockElement&quot;,&quot;url&quot;:&quot;https:\/\/www.theguardian.com\/sport\/2021\/sep\/26\/i-want-to-be-the-best-usain-bolt-from-fastest-man-on-the-planet-to-reggae-star&quot;,&quot;text&quot;:&quot;\u2018Anything I do, I want to be the best\u2019: Usain Bolt&quot;,&quot;prefix&quot;:&quot;Related: &quot;,&quot;role&quot;:&quot;richLink&quot;,&quot;elementId&quot;:&quot;638fee24-3216-4e07-a54a-b7d56737649e&quot;},&quot;ajaxUrl&quot;:&quot;https:\/\/api.nextgen.guardianapps.co.uk&quot;,&quot;format&quot;:{&quot;display&quot;:0,&quot;theme&quot;:2,&quot;design&quot;:0}}\"\/><\/figure>\n<p class=\"dcr-1rmlzqn\">Walker said that Bolt first noticed what appeared to be discrepancies with his accounts at SSL on Wednesday. \u201cAll the relevant steps have been taken to come to the bottom of this,\u201d Walker told the Gleaner, adding that due to the ongoing investigation he could not disclose the sums involved.<\/p>\n<p class=\"dcr-1rmlzqn\">\u201cHe\u2019s been with this entity over 10 years &#8230; His entire portfolio is being reviewed,\u201d Walker said.<\/p>\n<p class=\"dcr-1rmlzqn\">According to the Gleaner an SSL employee has been implicated in widespread fraud at the company, and may have been involved in the the developments surrounding Bolt.<\/p>\n<p class=\"dcr-1rmlzqn\">A lawyer representing the unnamed employee told the Gleaner that her client had been talking with legal representatives of SSL for two weeks.<\/p>\n<p class=\"dcr-1rmlzqn\">\u201cMy client is in discussion with SSL and the lawyers representing SSL,\u201d she said.<\/p>\n<p class=\"dcr-1rmlzqn\">Bolt is considered one of the greatest track athletes of all time and holds world records in the 100m, 200m and 4x100m relay. The 36-year-old retired in 2017, and has a number of lucrative sponsorship deals. In 2016 alone <a href=\"https:\/\/www.forbes.com\/sites\/kurtbadenhausen\/2016\/08\/12\/how-usain-bolt-earns-33-million-a-year-a-whopping-10-times-more-than-any-other-track-star\/?sh=63ed67b9e4b6\" data-link-name=\"in body link\" target=\"_blank\" rel=\"noopener\">he earned $33m<\/a> from sponsorship, prize money and appearances fees, making him easily the highest-earning track athlete in the world.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.theguardian.com\/sport\/2023\/jan\/12\/usain-bolt-reportedly-missing-millions-from-investment-accounts\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An investigation has been launched after millions of dollars reportedly went missing from an account belonging to eight-time Olympic champion Usain Bolt. Bolt\u2019s manager, Nugent Walker, told the Gleaner that Jamaica\u2019s Financial Investigations Division and Financial Services Commission are looking into the case at investment firm Stocks and Securities Limited (SSL). SSL is also understood [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/basketball.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2004"}],"collection":[{"href":"https:\/\/basketball.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/basketball.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/basketball.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/basketball.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=2004"}],"version-history":[{"count":0,"href":"https:\/\/basketball.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2004\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/basketball.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/2005"}],"wp:attachment":[{"href":"https:\/\/basketball.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=2004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/basketball.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=2004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/basketball.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=2004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}