As an old television commercial for funeral insurance boasted, “good living rhymes with planning”.
Like many highly paid athletes, Usain Bolt, retired since 2017, has invested his money in different areas during his career.
The former sprint legend (36), however, could have lost millions of euros in a vast fraud, after placing funds in the Jamaican investment company Stocks and Securities Limited a decade ago ( SSL).
The country's authorities are investigating this company.
Jamaica's Financial Services Commission (FSC) said on Thursday it has placed SSL under "enhanced scrutiny" while the investigation is ongoing.
"Every measure has been taken to get to the bottom of this story," Usain Bolt's manager Nugent Walker told
Jamaica Gleaner
.
Walker also said that the eight-time Olympic gold medalist, world record holder in the 100 and 200 m, had noticed anomalies on his account on Wednesday.
“His entire [investment] portfolio is being reviewed.
Millions of dollars are missing, according to the newspaper.
The FSC said it was aware of the “allegations of fraud” involving SSL, which had not yet reacted on Friday.
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Usain Bolt
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Fraud
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