Usain Bolt Loses $12 Million In Savings To Scam from Jamaica
Image Credit: Google
Learn more
Usain Bolt, the world-famous Jamaican sprinter, has lost a reported $12 million in savings to a scam originating in his native country.
Image Credit: Google
The scam reportedly involved a fraudulent investment scheme
Image Credit: Google
in which Bolt was tricked into investing in a company that claimed to be establishing a chain of restaurants in Jamaica.
Image Credit: Google
The scam is said to have been orchestrated by a group of individuals working in Jamaica.
Image Credit: Google
The group allegedly presented Bolt with a false business plan, claiming that the investment would lead to a chain of restaurants.
Image Credit: Google
Bolt was reportedly convinced by the group to invest his savings into the scheme
Image Credit: Google
and he did so, only to later find out that the company was a sham.
Image Credit: Google
The scam has been described as one of the largest financial losses ever suffered by a Jamaican athlete,
Image Credit: Google
and it highlights the importance of being careful when investing large sums of money.
Image Credit: Google