Recently, 30 people, including Jamaican sprinter Usain Bolt, have allegedly been scammed for around $1.2 billion by an investment firm named SSL. The matter is currently being investigated by Jamaica’s Financial Services Commission (FSC). In light of recent events, their Finance Minister has come forward to show support for the investment community.

The matter came to light when Bolt and his team noticed a discrepancy in his account. From $10 million, his savings had suddenly come down to just $2000. As per the reports, until the time the investigations are underway, Stocks and Securities Limited (SSL) has been prohibited from taking part in any sale or trading without prior permission from the FSC. The Finance Minister of Jamaica has recently released a statement addressing the issue.

“It is tempting,” says the Finance Minister

Jamaica’s Finance Minister, Dr. Nigel Clarke, claims to share the same sentiments of “anger and disgust” as his fellow Jamaicans while addressing the alleged million-dollar scam. However, Clarke has requested the citizens to not judge the entire financial sector in the same light because of one firm. While the situation is alarming, Clarke has full faith in the concerned authorities to bring justice to those who deserve it.

Attempting to do some damage control, the FM said, “It is tempting to doubt our financial institutions but I would ask that we don’t paint an entire hard-working industry with the brush of a few very dishonest individuals.”

Trending

Martin Truex Jr’s Crew Chief Makes Heartbreaking 4-Word Racing Admission

May 04, 2024 04:11 PM EDT

Billionaire Michael Jordan’s Drink With Derek Jeter Was Enough for Yankees Legend to Invest in $11.69 Billion Worth Industry

May 03, 2024 01:00 PM EDT

Fresh Controversy Brews After Sha’Carri Richardson and Team USA ‘Outfit’ Fallout As Athlete Robbed of Paris Olympics Dream Over Sponsorship

May 01, 2024 04:27 PM EDT

‘I Was Already Salty’- Serena Williams Pokes Husband Alexis Ohanian Over His $180 Million Master-Stroke for Their Daughter Olympia

May 03, 2024 08:01 PM EDT

Shaquille O’Neal and TNT Co-Hosts to Part Ways After 13 Years? Analyzing “Inside the NBA” Hurdles That Might End an Era

May 04, 2024 02:30 PM EDT

Get instantly notified of the hottest Olympics stories via Google! Click on Follow Us and Tap the Blue Star.

Follow Us

“Jamaica Has Failed”: After $9,998,000 Fraud, Usain Bolt Sends a Cryptic Message, Leaving Sports World Disheartened for Him

Reassuring the country, Clarke emphasizes, “Jamaica is the leading financial center in the English-speaking Caribbean and we will do everything in our power to protect Jamaica’s position in this regard.” The authorities are trying to get to the root of the issue. But how do the victims feel about the situation?

Was Usain Bolt robbed of his retirement funds?

Reportedly, sprinting legend Usain Bolt has lost his entire retirement fund at the hands of fraudsters. Bolt has been SSL’s client for over a decade now. If not all, then most of his investments have been made through the said firm. In light of the recent events, the athlete fears all his hard-earned money and savings have been wiped off.

Disheartened by the situation, Bolt recently shared a very cryptic tweet from his account. However, as cryptic as it might have been, it wasn’t hard to decipher what the legend was referring to. Sharing a blank black photo, Bolt wrote, “In a World of Lies….Where is the Truth? The History Evil….What is the Root?…MONEY”

Watch This Story: “Goodbye” to the Eternal King Pelé”: Usain Bolt Joins David Beckham, Cristiano Ronaldo, and Soccer World in Mourning the Saddening Loss of GOAT Pele

The situation might seem like a dead end for the victims. However, one can only pray and hope that Bolt, along with everyone else, gets their money back.