Attorneys for world document sprinter Usain Bolt declare virtually all of his cash is lacking from an account with a personal funding agency.
Bolt’s account is now reported to be simply $12,000 after initially holding $12.8 million.
“If that is right, and we hope it isn’t, then grand theft fraud, or a mixture of each, was dedicated towards our shopper,” Bolt’s attorneys mentioned in a letter to The Related Press.
Attorneys say they may face civil and felony motion if the cash is not returned inside 10 days.
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Jamaica’s Monetary Companies Fee is investigating the corporate in query, Shares & Securities Restricted.
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“We perceive that prospects are anxious to obtain additional info and we guarantee you that we’re carefully monitoring the matter all through all obligatory steps and can inform our prospects of the answer as quickly as this info turns into out there,” the fee mentioned.
Bolt’s attorneys despatched the letter Monday, the identical day Jamaica’s Monetary Companies Fee introduced it was investigating the corporate. A day later, the monetary authorities mentioned they’d quickly take over the administration of the personal funding agency. It might proceed to function however requires authorities approval for all transactions.
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Bolt holds the information for the 100 and 200 meters (9.58 and 19.19 seconds respectively) and he’s a part of the 4×100 staff that ran a world document of 36.84 seconds on the London 2012 Olympics.
The Related Press contributed to this report.