Home Featured Usain Bolt: “I’m Not Broke” Despite Losing US$12 Million in Fraud

Usain Bolt: “I’m Not Broke” Despite Losing US$12 Million in Fraud

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Usain Bolt: “I’m Not Broke” Despite Losing US$12 Million in Fraud
Track and Field Legend Usain Bolt Lost US$12 Million, But Denies Being Broke

Despite losing over US$12 million, track and field legend Usain Bolt made it clear he is not broke.

Bolt, who was speaking for the first time since news broke of a multi-million dollar fraud rock Stocks and Securities Limited (SSL) investment firm, expressed his disappointment.

“Im not broke,” he answered his a smile when asked about his financial status.
But, despite not being broke, Bolt said, “It has definitely put a damper on me. It was for my future. Everybody knows I have three kids and still looking after my parents.”

Track and Field Legend Usain Bolt Lost US$12 Million, But Denies Being Broke
Track and Field Legend Usain Bolt Lost US$12 Million, But Denies Being Broke

Bolt’s lawyer reported that his client’s account had a balance of greater than US$12 million at the end of October 2022, but by the end of the year, only US$12,000 was left, indicating a loss of over US$12 million.

Bolt said base on the comments in the public domain, he is as “confused as the public” as to what happened.

13 COMMENTS

  1. Who’s even entertaining such a thought at a time like this? Further more to even publish such nonsense is a shame!!! Disrespectful to this man & his achievements, I hate to see it!!!

  2. You don’t need to explained anything to anyone they just trying to know more about your business let them believe what they want

  3. Puma alone paid him $10 million a year, so he’s not broke, but that $12 million was his retirement money. He should have invested with Berkshire Hathaway. Sad this is what Bolt gets for being loyal to a Jamaican company Stocks and Securities Ltd. that did nothing but rob him.

  4. Even if that $12M was all of his money he still has a contract with Puma and other companies paying him millions. He’ll make back the $12M in a few years.

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