Usain Bolt, the speed king of Jamaica, isn’t backing down from his efforts to get his millions back through a questionable investment program.
Usain Bolt has not stopped criticizing the Jamaican government for doing little to help him after he lost millions of dollars in an investment scam involving the now-debt Stock and Securities Limited (SSL).
The renowned sprinter lost more than $12.7 million in a 2023 fraud, plus over $30 million in additional investor funds, and the authorities haven’t done much to assist him in getting his money back.
By the time the scam was discovered in January 2023, Bolt had invested through an account under his holding company, Welljen, that was formed at SSL in 2012. The amount had grown to around $12 million.
Bolt wrote on X on Thursday, “Heartbroken so many words unspoken,” and then he added, “Broken words not broken records.”
Fans praised him for his remarks, with others suggesting he use his position to pressure the government into taking action.
Bolt wrote on X on Thursday, “Heartbroken so many words unspoken,” and then he added, “Broken words not broken records.”
Fans praised him for his remarks, with others suggesting he use his position to pressure the government into taking action.
“I am very sorry for you. It’s terrible that you gave up so much for your money—blood, sweat, and sacrifices—just so they could take it from you. The Jamaican government ought to feel guilty as you could have used the money for other purposes. Love, but I’m turned off by the corruption.
Bolt’s statements were made hours after his attorney Linton Gordon revealed how the world 100- and 200-meter record holder is annoyed with the entire situation.
“He feels incredibly let down and annoyed. According to The Jamaica Gleaner, Gordon stated, “He’s just shocked and disappointed to know that a country he put on the map, and he put his money in an institution here, that he has lost it or he can’t get it back.”