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Usain Bolt threatens to sue a private investment firm after more than £10 Million vanished from his account

Eight-time Olympic gold medallist, Usain Bolt is now threatening to sue a private investment firm in Jamaica after more than £10million disappeared from his account.

According to his lawyers, a check on his balance earlier this month revealed he had been left with barely £9,700 after what they described as a potential act of fraud. Read previous report here.

It has been reported in Jamaica that the retired sprinter, whose earnings per season were estimated to top £20m when he was active, has given the firm a 10-day deadline to return the money.

Linton P Gordon, a lawyer for Bolt, said: ‘The account was part of Bolt’s retirement and lifetime savings.

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‘It’s distressing news for anyone, and certainly in the case of Mr Bolt, who established this account as part of his private pension.’

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He added: ‘If this is correct, and we are hoping it is not, then a serious act of fraud larceny or a combination of both have been committed against our client.’

It is claimed that a number of clients for Stocks & Securities Limited have reported missing funds. The firm says Jamaica’s Financial Services Commission is investigating.

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