A attorney for Usain Bolt mentioned on Wednesday that greater than $12.7m is lacking from his account with a non-public funding company in Jamaica.

Linton P Gordon, a attorney for Bolt, supplied the Related Press with a duplicate of a letter despatched to Shares & Securities Restricted tough that the cash be returned. Gordon mentioned the Olympic champion’s account as soon as had $12.8m however now displays a steadiness of handiest $12,000.

“If that is right kind, and we hope it isn’t, then a major act of fraud larceny or a mix of each had been dedicated towards our shopper,” Bolt’s legal professionals say within the letter.

They threaten civil and prison motion if the cash isn’t returned inside of 10 days.

Shares & Securities Restricted didn’t instantly reply to a request for remark. On its web site, the corporate requested that purchasers direct all queries to Jamaica’s Monetary Products and services Fee, which is investigating the company.

“We take into account that purchasers are worried to obtain additional info and guarantee you that we’re intently tracking the subject during the entire required steps and can alert our purchasers of the answer once that knowledge is to be had,” the corporate mentioned.

The corporate has mentioned that it found out the fraud previous this month and that a number of of its purchasers could also be lacking hundreds of thousands of greenbacks.

Jamaica’s finance minister, Nigel Clarke, known as the location alarming however famous it used to be ordinary.

“It’s tempting to doubt our monetary establishments, however I’d ask that we don’t paint a whole exhausting operating trade with the comb of a couple of very cheating folks,” he mentioned.

Bolt’s legal professionals despatched the letter on Monday, the similar day that Jamaica’s Monetary Products and services Fee introduced it used to be appointing a distinct auditor to appear into fraud allegations at Shares & Securities Restricted, which is primarily based within the capital of Kingston.

On Tuesday, monetary government mentioned they have been assuming brief control of the non-public funding company. It’s going to be allowed to stay running however wishes approval from the federal government for any transactions.

Final week, the Gleaner reported that an SSL worker has been implicated in well-liked fraud on the corporate, and will have been concerned within the tendencies surrounding Bolt.

A attorney representing the unnamed worker advised the Gleaner that her shopper have been speaking with felony representatives of SSL for 2 weeks.

“My shopper is in dialogue with SSL and the legal professionals representing SSL,” she mentioned.

Bolt is regarded as one of the crucial biggest observe athletes of all time and holds global information within the 100m, 200m and 4x100m relay. The 36-year-old retired in 2017, and has plenty of profitable sponsorship offers. In 2016 by myself he earned $33m from sponsorship, prize cash and appearances charges, making him simply the highest-earning observe athlete on the earth.