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Usain Bolt, an eight-time Olympic gold medalist, personal account is the subject of an investigation by Jamaican financial authorities. They are investigating a corporation that held money and private investments for him. There have been rumors that he may have lost around $10 million dollars to a massive fraud done allegedly by the firm.
Kingston-based Stocks & Securities Ltd., a private wealth management firm, has been put under "enhanced oversight" while the Financial Services Commission (FSC) investigates.
The Gleaner newspaper was informed by Bolt's manager, Nugent Walker, that the former sprinter has held investments with the business for more than ten years.
According to the daily, Bolt's account has reported missing millions of dollars.