Usain Bolt loses almost $13 million in investment fund fraud
World athletics legend Usain Bolt was shocked to discover that he has lost almost US $13 million from an account he held with Kingston- based investment firm Stocks and Securities Limited, according to his lawyer. Bolt was recently informed that there was only about $12,000 left in the account, his lawyer Linton P. Gordon told Bloomberg in a telephone interview.
This article is available to Insider Pro subscribers only.Sign in or register to be an Insider Pro and access ALL LOCKED articles.
Sutton investment adviser sentenced to prison for fraud, witness tampering
In Elon Musk Tesla trial, lawyers tussle over a tweet that cost investors millions
Advisor News
- The McEwen Group Merges with Prairie Wealth Advisors to Form Billion Dollar RIA
- Guaranteed income streams help preserve assets later in retirement
- Economic pressures make boomerang living the new normal
- Pay or Die: The scare tactics behind LA County’s Measure ER tax increase
- How to listen to what your client isn’t saying
More Advisor NewsAnnuity News
- Guaranteed income streams help preserve assets later in retirement
- MassMutual turns 175, Marking Generations of Delivering on its Commitments
- ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
- My Annuity Store Launches a Free AI Annuity Research Assistant Trained on 146 Carrier Brochures and Live Annuity Rates
- Ameritas settles with Navy vet in lawsuit over disputed annuity sale
More Annuity NewsHealth/Employee Benefits News
- Entities turn to Effingham County for help in providing services, benefits
- You are paying for the health care of low-wage Walmart employees. Here is why | Opinion
- Samsung Bioepis Launches Ustekinumab Biosimilar, Marking Its First Product Launch in Japan
- Brown University School of Public Health Reports Findings in Managed Care (Exposure to the new Medicare Advantage risk adjustment model varies across insurers): Managed Care
- State lowers cap on some patient health care cost increases
More Health/Employee Benefits NewsLife Insurance News
- Transgender plaintiffs win preliminary victories in three gender-affirming care lawsuits
- AM Best Upgrades Issuer Credit Rating of Southern Farm Bureau Life Insurance Company
- Industry Innovator Scores New High-Water Mark: Reliance Matrix Logs 8 Millionth Employee Benefit/Absence Claim
- $150M+ asset sale payout distributed to Greg Lindberg policyholders
- Best’s Market Segment Report: AM Best Revises Outlook on France’s Non-Life Insurance Segment to Stable from Negative, Reflecting Top-line Growth, Technical Profitability
More Life Insurance News