Stocks and Securities Limited, located in Kingston, is said to have lost $12 million from an account held by Olympic sprinter Usain Bolt. Usain Bolt Lost $12 Million In Savings To Scam. According to Bloomberg, Usain Bolt was recently told that only about $12,000 remained in the account. According to Usain Bolt, the account was part of his retirement and life savings. ‘This account was established as part of Mr. Bolt’s private pension account,’ Gordon said.
After reports of fraud had earlier prompted the commission to put SSL under enhanced oversight. Jamaica’s Financial Services Commission said on Tuesday that it had appointed its own temporary manager. Usain Bolt Lost $12 Million In Savings To Scam. Gordon said he has not heard from regulators or his client, and he plans to take the case to the Kingston Supreme Court if Bolt does not receive the money within eight days. Eight-time Olympic gold medalist Usain Bolt holds the 100-meter and 200-meter world records.