'Now I have to be careful' - Usain Bolt reveals how fraud case has become an eye-opener

Usain Bolt reveals how fraud case has become an eye-opener

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Usain Bolt brole 100m and 200m records.

'Now I have to be careful' - Usain Bolt reveals how fraud case has become an eye-opener

Evans Ousuru 09:39 - 26.02.2025

Jamaican legend Usain Bolt has explained how his fraud case has made him to be more careful.

Multiple Olympic champion Usain Bolt's lost millions nearly two years ago through an investment fraud scheme, has become an eye opener to the Jamaican.

The three-time Olympic 100m champion is still fighting to recover the $12.7 million he lost. The scam, which involved Stocks and Securities Limited (SSL), has left him frustrated, with no resolution in sight.

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Bolt addressed his growing concerns, stating to Marca that it is high time he felt he had to speak up but needed to be careful in order not to get things out of control. "At some point, I have to start saying something. Now I have to be careful because now you're looking at everybody sideways."

His lawyer, Linton P. Gordon, has intensified the legal battle, accusing the Jamaican government of failing to protect investors like Bolt. Gordon revealed that the Financial Services Commission's (FSC) appointed manager, Ken Tomlinson, found records confirming Bolt's transactions with SSL. This contradicts claims that Bolt's investments never reached the firm.

Gordon further stated that there is an "organized effort to shift blame onto The Honorable Usain Bolt for his loss-when he is guilty of nothing more than investing in the country that he loves." He stressed that the issue was not negligence on Bolt's part but a failure of the system meant to safeguard investors.

The Jamaican sprint legend, who still holds the 100m world record of 9.58 seconds, is widely regarded as the greatest sprinter of all time. With eight Olympic gold medals and a host of other accolades, he made winning look effortless. He maintained that his early dominance was because he was a pure talent.

"You know, as a junior, when I came up, I was so good with a little bit of training. Beating them from-from f- nobody can beat me," he said. Bolt is an 11-time world champion and is the most successful athlete in 100m.