Usain Bolt

Bolt's account dwindled from more than $12.8 million to $12000, his attorneys said.

Bolt won another three gold medals at the 2012 London Summer Games and three more in 2016. In addition to the Olympics, Bolt also placed first in 11 world championship track events between 2009 and 2015. He also led his team to a gold medal in the 100-meter relay, although the medal was later vacated after one of his teammates tested positive for a banned substance.

Jamaican Olympic sprinter Usain Bolt was shocked to discover $12 million missing from an account he had with Kingston-based investment firm Stocks and ...

Bolt is missing $12.7 million from an investment account held with Kingston, Jamaica based firm Stocks and Securities Ltd.

[reported](https://www.bloomberg.com/news/articles/2023-01-18/world-s-fastest-man-usain-bolt-lost-12-million-in-alleged-fraud-lawyer-says). Gordon [told](https://apnews.com/article/sports-usain-bolt-jamaica-business-fraud-ab892e1728ecdfdb05d61f9fb2246d49) the AP. [reported](https://apnews.com/article/sports-usain-bolt-jamaica-business-fraud-ab892e1728ecdfdb05d61f9fb2246d49) Wednesday that the attorneys are threatening SSL with civil or criminal action if the money isn't returned to Bolt within the coming 10 days. Gordon on behalf of Usain Bolt who did not immediately respond to a request for comment. This isn't the first time that SSL has faced allegations of fraud. SSL did not immediately respond to Insider's request for a comment.

The fastest man in the world was informed his account balance had inexplicably dwindled to just $US12,000.

Bolt will recover his money and be able to live in peace.” SSL said in a January 12 statement that it had become aware of fraudulent activity by a former employee and had referred the matter to law enforcement, adding it had taken steps to secure assets and strengthen protocols. [Olympic](https://7news.com.au/sport/olympics) champion Usain Bolt is seeking to recover more than $US12.7 million ($A18.1 million) that disappeared from his account with a Jamaican investment firm and is willing to take the case to court if necessary.

Lawyers for Usain Bolt, one of the world's greatest sprinters, said Wednesday that more than $12.7 million (A$18.2 million) is missing from his account with ...

Stocks & Securities Limited did not immediately respond to a request for comment. READ MORE:

Lawyers for Usain Bolt have threatened civil and criminal action if more than $12.7 million missing from his account in Jamaica isn't returned.

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. The company said that it discovered the fraud earlier this month and that several of its clients may be missing millions of dollars. "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 on its website.

Lawyers for eight-time Olympic gold medalist Usain Bolt say more than $12.7 million is missing from his account with a Jamaican investment firm now under ...

Bolt became a household name when he won gold medals at the Beijing 2008, London 2012 and Rio 2016 Olympics. This despicable act of dishonesty by an employee at SSL, and possibly with collaborators, we believe cannot be taken as symptomatic of the risk for the entire industry.” CNN has contacted SSL for comment but did not receive a response.

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.

Lawyers for Usain Bolt have threatened civil and criminal action if more than $12.7 million missing from his account in Jamaica isn't returned.

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. The company said that it discovered the fraud earlier this month and that several of its clients may be missing millions of dollars. "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 on its website.