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Usain Bolt left with measly $2k after being scammed of $10m from retirement funds

Usain Bolt was caught in a scam which saw him losing his hard-earned millions

By Samantha David January 18, 2023
Usain Bolt was the victim of a major scam 

Highly decorated Olympic athlete Usain Bolt has lost almost $10 million of his retirement funds after suffering a major financial loss.

According to Essentially Sports, the Jamaican sports personality was left with only $2,000 in his account after he was scammed of over $9,998,000 that were in his personal Stocks and Securities Limited (SSL) retirement fund.

Jamaica Gleaner shared that Bolt fears that "he won’t recover the money".

He is not the only person involved in the alleged scam as over 30 people have collectively lost $1.2billion from the SSL which was due to an internal employee "assisting an outside wealth advisor".

Suspicion first brewed in August 2022 but despite this the scammer was not caught and the status of the recovery of the assets is yet to be understood.