Usain Bolt Reacts To Financial Scam Jamaican Sprinting Athlete Loses $12.7 Million

Usain Bolt responds to an accounting fraud Jamaican sprinter suffers $12.7 million loss Usain Bolt, a sprinter from Jamaica, is said to have lost $12.7 million from his account. The Olympic medallist is now debating whether to take this matter to court. Jamaican gold winner Usain Bolt has lost $12.7 million. The sportsman reportedly misplaced his funds, which were kept safe in his account with a Jamaican investment company. Bolt is now debating whether to file a lawsuit in this case. The sportsman had a Stocks and Securities (SSL) account in Kingston; his bank balance is at $12,000. His attorney, Linton Gordon, has attested to the accuracy of this material. Bolt's attorney, Linton Gordon, responded to the entire affair in his statement. indicated that if the company refused to restore their monies, he and his client would file a lawsuit. Bolt has now angrily objected to his lawyer's comments and fired out two tweets in response. The Olympic medalist responded to the entire affair by posting a picture on his official Instagram account. Jamaica has started looking into this situation. The Financial Services Commission (FSC) announced that it has now "increased control" over the company while the inquiry is being conducted. The account was intended to be used as Bolt's pension for both him and his parents, according to Bolt's attorney, Linton Gordon. After dominating the world sprinting circuit, Bolt retired in 2017. Additionally, it may be stated that Bolt brought back a long-dead sport.a focus because of doping scandals. Bolt's achievements are evidence of how he became well-known, much like American boxing champion Muhammad Ali and Brazilian soccer star Pele. The Jamaican sprinter, who is considered as one of the best sprinters of all time, owns records in the 100 and 200 metres as well as four 100-meter relays.