Legendary sprinter Usain Bolt, fastest man on the planet years after his retirement, lost at least $12 million which he had in his account with a Jamaican investment firm, reportedly leaving him on the verge of being bankrupt. The billion dollar fraud affected over 40 clients, with Bolt being one of the high-profile victims. Soon after the fraud, rumors started circulating about Bolt's account balance inexplicably dwindling from $12 million to just $12,000.
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Reacting to the controversy, Usain Bolt refuted all reports of him being bankrupt. "No, I'm not broke," the 36-year-old told Jamaica Observer.
"It’s always going to be a sad situation for anybody to lose what they have worked hard for," he said. "That is a sad situation and I am definitely disappointed. I don't want to say too much but, as we know, from everybody’s standpoint it doesn't look good. I've read a few comments and everybody is confused. I am as confused as the public, but we’ll see what happens."
He further added, “No, I’m not broke, but it has definitely put a damper on me. It was for my future. Everybody knows I have three kids, I am still looking after my parents, and I still want to live very well.”
Earlier, Bolt had said that he had fired his business manager, adding that it was not an amicable split.
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“For me it’s tough, but I think the years of competing helped me to understand and just focus,” Bolt had said. “I leave the matter in my lawyers’ hands and I am just trying to focus on my family and try not to think too much about it because it’s a stressful situation.”