Lawyers for Usain Bolt, one of many world’s best sprinters, mentioned Wednesday that greater than $12.7 million US is lacking from his account with a non-public funding agency in Jamaica that authorities are investigating.
Attorney Linton P. Gordon offered The Associated Press with a replica of a letter despatched to Stocks & Securities Limited demanding that the cash be returned.
Gordon mentioned Bolt’s account as soon as had $12.8 million however now displays a steadiness of solely $12,000.
“If that is appropriate, and we hope it’s not, then a critical act of fraud, larceny or a mixture of each have been dedicated towards our consumer,” Bolt’s attorneys say within the letter.
They threaten civil and legal motion if the cash shouldn’t be returned inside 10 days.
Stocks & Securities Limited didn’t instantly reply to a request for remark. On its web site, the corporate requested that purchasers direct all pressing queries to Jamaica’s Financial Services Commission, which is investigating the agency.
“We perceive that purchasers are anxious to obtain extra info and guarantee you that we’re intently monitoring the matter all through all of the required steps and can alert our purchasers of the decision as quickly as that info is obtainable,” the corporate mentioned.
The firm has mentioned that it found the fraud earlier this month and that a number of of its purchasers could also be lacking thousands and thousands of {dollars}.
Jamaica’s finance minister, Nigel Clarke, known as the scenario alarming however famous it was uncommon.
“It is tempting to doubt our monetary establishments, however I’d ask that we do not paint a whole exhausting working business with the comb of some very dishonest people,” he mentioned.
Bolt’s legal professionals despatched the letter Monday, the identical day that Jamaica’s Financial Services Commission introduced it was appointing a particular auditor to look into fraud allegations at Stocks & Securities Limited, which is predicated within the capital of Kingston.
On Tuesday, monetary authorities mentioned they had been assuming non permanent administration of the personal funding agency. It is allowed to maintain working however wants approval from the federal government for any transactions.
Bolt, who retired in 2017, holds the world data for the 100 meters, 200 meters and 4×100 meters.
