The former athlete’s bank account was emptied in seconds and he is willing to file a claim in court. What did their lawyers say and how will they settle the case?
For iProfessional
01/20/2023 – 7:05 p.m.
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The eight-time Olympic champion, Usain Bolt, denounced being the victim of a millionaire scam and would be willing to go to court to rrecover the figure you lost in just minutes. Meanwhile, Jamaican authorities warned about this and other cases with similar mechanisms.
The event in question occurred last week, when the former sprinter received notification that his account balance at Kingston-based Stocks and Securities Ltd (SSL) had inexplicably dropped.
“On October 31, 2022, his balance was that of a millionaire person and he had more than 12 million dollars, but that figure disappeared at the speed of light”said the former athlete’s lawyer, according to the Reuters Linton Gordon agency.
The millionaire figure that was stolen from Usain Bolt
The world champion, who holds the world record in the 100-meter dash, had approximately $12.7 million in his account. However, his funds decreased 100 times in just a few minutes, to $12,000.
If the company does not return the money, “We will go to court,” warned the defender of the former competitor. The account that was virtually emptied was earmarked for a pension plan for the eight-time Olympic medalist and winner of 11 world titles, as well as his parents, he further explained.
For his part, Bolt shared a message on the networks. “In a world of lies… Where is the truth? The Evil of History… What is the root?… Money”, he wrote about his situation and posted that message along with a completely black photograph.
Usaín Bolt lamented on his social networks.
In theory, he only has $2,000 left of the amount he began saving in that account in 2012 and from which he would never have made withdrawals.
How will Bolt’s lawyers recover his funds?
Another novelty in the case arose this Thursday. Lawyers for the former sprinter have given the firm 10 days to return the track star’s investments and have threatened to sue the company if they miss the deadline.” Frater, Ennis & Gordon Law Firm has given SSL 10 days to deliver the money Bolt invested 10 years ago.”they indicated in dialogue with local media.
Simultaneously, the executive director of the Jamaica Financial Services Commission, Everton McFarlane, promised to publicize the results of the investigations that are being carried out into the alleged multi-million dollar fraud discovered and assured that the FSC will take measures to help the institutions to strengthen their prevention mechanisms.
“It’s Never Happened Before”he said, adding that it is “a despicable act of dishonesty on the part of an employee and possibly with collaborators.”
Last week, SSL revealed that several of its clients lost millions of dollars in local and foreign currencies that they had invested in the company. Bolt, would only be one of 30 victims whose SSL investments were allegedly diluted by an employee of the firm. “This is a great disappointment, and we hope that the matter will be resolved so that Mr. Usain Bolt gets his money back and can live in peace,” SSL published in a statement on January 12.
