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Reuters

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Reuters

Time looks difficult for Jamaican sprinter Usain Bolt after he fell prey to one of the biggest money scams in the country. In an estimated $1.2 billion investment scam, Bolt has lost almost all of his hard-earned money, as the scammers wiped out $9,998,000 from his account.

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Naturally, the world-class sprinter is deeply shaken by the incident and has shared a cryptic and sad message on his social media. Here is what he shared.

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Usain Bolt calls the world “cryptic”

Hours after the news of the SSL (Stocks and Securities Limited) scam broke out, Bolt took to social media to share his feelings with his fans and followers.

The sprinter posted a blank black tile on his Instagram and Twitter with a cryptic text that read, “In a World of Lies….Where is the Truth? The History Evil….What is the Root?…MONEY #CrypticWorld

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The message hints that the Olympian is in disbelief that someone could actually steal another person’s merits without any regrets. Fans, celebrities, and other sporting entities have showered their love and support for Bolt in the post’s comments. Many believe that scammers will soon be captured and punished.

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

Although these comments sound positive and hopeful, recovery of such a huge amount is questionable. However, the primary question remains – Who is accountable for such a situation? And how did the company not notice anything earlier?

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Was SSL just as clueless as Bolt?

Bolt and his manager had recently reported that millions of dollars were missing from the sprinter’s investment account and brought this to SSL’s notice. After an investigation, one of the company’s employees was alleged of carrying out widespread financial fraud. The same employee is now one of the major suspects in the $1.2 billion scam.

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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)

Although the news shocked the entire world, reports suggest that SSL has been suspicious of such a situation for the past few months. However, their failure to detect the illegal operations led Bolt and 29 other investors to lose their money. In fact, SSL is also under the suspect radar after a Financial Services Commission (FSC) report. It suggested that the company was previously accused of unauthorized sales.

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Watch This Story: Usain Bolt’s greatest investments

Besides this, even Bolt’s management team had once issued a stern warning to the company, which could have saved them from being in such a situation. But for now, Bolt and other Jamaican investors have become victims of a massive scam.

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Written by

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Soumya Bontra

326 Articles

Soumya Bontra is a US Sports author for EssentiallySports. She has been working as a sports journalist and writer for the past two years. Soumya has a Bachelor’s in Mass Media. She is a brown belt in Karate and has won a silver medal in the Maharashtra State Open Karate Championship in Kumite. She is an admirer of footballers Tobin Heath and Christen Press. During her free time, Soumya loves to watch Animé and is a die-hard fan of Naruto.

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Simar Singh Wadhwa

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