Jamaican sprinter Usain Bolt told reporters he is baffled over how $12.7 million of his money has gone missing from a local private investment firm that authorities are investigating as part of a massive fraud that began more than a decade ago.
SAN JUAN, Puerto Rico --
Bolt’s attorneys have said the athlete’s account with Kingston-based Stocks and Securities Limited dwindled from nearly $12.8 million to some $12,000. They had given the company until Friday to return the money or face civil and criminal action. “There is nothing to say at this stage, given what is happening,” he was quoted as saying. “We have met with persons, and we are dealing with certain matters.”
Earlier on Friday, Bolt spoke at a sponsored luncheon for an upcoming relay and referred to the alleged fraud.
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