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Usain Bolt alleges the vast majority of $12+ million in personal inv…

Attorneys of world-record sprinter Usain Bolt allege that the majority of his cash from an account with a personal funding company is lacking.

Bolt’s account is now allegedly at simply $12,000 after originally holding $12.8 million.

“If that is proper, and we hope it isn’t, then a major act of fraud larceny or a mixture of each had been dedicated in opposition to our consumer,” Bolt’s lawyers mentioned in a letter to The Related Press.

Jamaica’s Usain Bolt celebrates profitable the gold medal within the males’s 4×100-meter relay ultimate all the way through the athletics competitions of the 2016 Summer time Olympics on the Olympic stadium in Rio de Janeiro, Brazil, Friday, Aug. 19, 2016.
(AP Photograph/Martin Meissner)

Attorneys say they’ll take civil and felony motion if the cash isn’t returned throughout the subsequent 10 days.

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Jamaica’s Monetary Services and products Fee is investigating Shares & Securities Restricted, the company in query.

Usain Bolt from Jamaica celebrates winning the gold medal in the men's 200-meter final during the 2016 Summer Olympics in Rio de Janeiro, Brazil.

Usain Bolt from Jamaica celebrates profitable the gold medal within the males’s 200-meter ultimate all the way through the 2016 Summer time Olympics in Rio de Janeiro, Brazil.
(AP Photograph/David J. Phillip, Record)

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“We keep in mind that shoppers are frightened to obtain additional info and guarantee you that we’re intently tracking the subject right through the entire required steps and can alert our shoppers of the solution once that data is to be had,” the fee mentioned.

Bolt’s attorneys despatched the letter Monday, the similar day that Jamaica’s Monetary Services and products Fee introduced it used to be investigating the company. An afternoon later, monetary government mentioned they had been assuming brief control of the non-public funding company. It’s allowed to stay working however wishes approval from the federal government for any transactions.

Jamaica's Usain Bolt celebrates after anchoring the team to the gold medal in the men's 4x100m relay at the World Athletics Championships at the Bird's Nest stadium in Beijing, Saturday, Aug. 29, 2015. 

Jamaica’s Usain Bolt celebrates after anchoring the crew to the gold medal within the males’s 4x100m relay on the International Athletics Championships on the Chook’s Nest stadium in Beijing, Saturday, Aug. 29, 2015. 
(AP Photograph/Darron Cummings)

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Bolt holds the information for the 100- and 200-meter (9.58 and 19.19 seconds, respectively), and he is part of the 4×100 crew that ran a global document 36.84-second race on the London Olympics in 2012.

The Related Press contributed to this file.


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