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Jamaican sprint legend Usain Bolt has been wiped out of his retirement money after a scammer took around $10 million leaving the world’s fastest man with almost nothing, a report by Jamaica Observer has stated....
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(Economic Times)
Filed Under: Summer Olympics

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9 Comments
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saint tiger22513 months
If you don't manage your own money or are someone who doesn't diversify, I have trouble feeling sorry for you in these situations.
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cajunmud13 months
Crooks in a banana republic...shocked.
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YStar13 months
Right here in America we have seen Enron and others scenarios just like this. Guess this is a "banana" republic as well?
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Tshiz13 months
Stop trusting other people (investment firms) with your life
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atltiger648713 months
exactly - I manage my own money. But if you do want others to handle it, use a silk-stocking US firm. And maybe split your money among a few different firms, for safety. Putting everything in one bucket is stupid.
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SmelvinRat13 months
He was only worth ~10 million? With his endorsements I would have thought he was easily north of 25 million.
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atltiger648713 months
yea, he was on top of the world for many years. Should've been making 8 figures for quite a few years. Taxes take half, but he should've been worth $25-50 million.
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LSUfourLife13 months
Who said that was all of his money?
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Drizzt13 months
Who could have seen that coming? Insert shocked face.
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