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.
Attorneys say they’ll take civil and felony motion if the cash isn’t returned throughout the subsequent 10 days.
Jamaica’s Monetary Services and products Fee is investigating Shares & Securities Restricted, the company in query.
“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.
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.