“It’s distressing news for anyone, and certainly in the case of Mr Bolt, who established this account as part of his private pension,”
Reacting to the development, Stocks and Securities Ltd said in a statement on January 12 that it learned of the fraudulent activity by a former employee and had alerted law enforcement to the situation.A separate statement released on Monday by the Jamaica Constabulary Force said the “alleged fraudulent activities at SSL that are said to have affected the accounts of Mr Usain Bolt and other individuals” are being looked into by those teams.
Meanwhile, On Tuesday night, Jamaica’s Finance Minister Nigel Clarke claimed that SSL had committed “alarming and evil fraud” and promised to “bring all perpetrators to justice.” The Associated Press reported that Mr Bolt’s account with the company was created to act as a pension for both of his parents and the eight-time Olympic gold medal-winning sprinter.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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