“Y’all Robbed Him?”: Millions of Dollars Scam Against Usain Bolt Shocks Olympic Fans

Published 01/15/2023, 6:00 PM EST

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Athletes put together their blood and sweat quite literally to earn and make a living. While all the audience sees is a lavish lifestyle, there is a hearty amount of hustle put behind the curtains. Naturally, a financial loss could trigger a lot of emotions. For track and field star Usain Bolt, however, fans have been raging on behalf of the champion.

Recently, The Guardian reported a huge financial loss for Bolt, who noticed discrepancies on certain accounts. Amidst ongoing investigations, fans have expressed their frustration and astonishment over the entire fiasco. Let’s take a look at the details.

Usain Bolt loses millions, fans rage on Twitter

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To give a background of the situation – Usain Bolt recently noticed a loss of millions of dollars from his investment portfolio. Bolt’s manager reported that they were looking into the investment firm Stocks and Securities Limited (SSL). Incidentally, the company made headlines regarding their employee who allegedly carried out widespread financial fraud. Sources in fact suspect that the said employee could be involved in the Usain Bolt case as well.

NEW YORK, NY – MARCH 12: Track star and new Bolt pitchman Usain Bolt looks on during a press conference about the new Bolt Mobility scooter outside of New York City Hall, March 12, 2019 in New York City. Electric scooters are still not street-legal in New York City, but transportation advocates and lobbyists are encouraging the push toward legalization and regulation. Bolt, a Miami-based startup, joins a crowded field of competitors in the United States, including Bird Scooters, Lime Scooters and Lift Scooters. (Photo by Drew Angerer/Getty Images)

This news came in as a major shock to fans across the globe. Not only were they upset on behalf of their icon but they also couldn’t fathom his own countrymen duping him of millions. An angry tweet also called out, “He gives back so much, so so much and y’all robbed him?”

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Others expressed their shock at the fact that a Jamaican company was trying to rob such a significant person as Usain Bolt.

Amidst this, while some threw in some optimism, hoping that the star gets his money back, some also tried to invoke humor.

While the story awaits more investigation and development, it’s an unfortunate incident. According to Forbes, he earned about $33 million in 2016 alone. So far, both parties plan on extensive discussions and immediate solutions.

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Bolt always believed in stocks

Bolt’s association with this company began almost a decade ago. Interestingly, he always believed in investing in stocks over other newer methods like cryptocurrency. In an interview, when asked to make a choice between investing in stocks and crypto, the star chose the former.

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Being one of the richest athletes with a net worth of over $90 million, it’s safe to say that Bolt’s decision was fruitful. However, in light of recent events, fans are hopeful that the champion’s hard-earned money remains safe.

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Written by:

Radha Iyer

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One take at a time

Radha Iyer is working as a US Sports author for EssentiallySports. She has a Master's degree in Media and Communications from Pandit Deendayal Energy University. Radha has worked as a content writer for over a year.
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Edited by:

Anupama Ghosh