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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saint tiger225•26 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.

cajunmud•26 months

Crooks in a banana republic...shocked.

YStar•26 months

Right here in America we have seen Enron and others scenarios just like this. Guess this is a "banana" republic as well?

Tshiz•26 months

Stop trusting other people (investment firms) with your life

atltiger6487•26 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.

SmelvinRat•26 months

He was only worth ~10 million? With his endorsements I would have thought he was easily north of 25 million.

atltiger6487•26 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.

LSUfourLife•26 months

Who said that was all of his money?

Drizzt•26 months

Who could have seen that coming? Insert shocked face.

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