Jamaican financial authorities have launched an investigation into a company that makes investments for eight-time Olympic gold medalist Usain Bolt, after learning he could have lost millions in a large-scale fraud.
The Jamaica Financial Services Commission (FSC) placed under "reinforced supervision" to the company Stocks and Securities Limited (SSL) while it investigates it, according to a statement.
Bolt’s manager, Nugent Walker, told the Jamaica Gleaner newspaper that the retired sprinter laureate, one of the greatest athletes of all time, had had investments in the company for more than a decade.
"All appropriate steps have been taken to get to the bottom of the matter"said Walker, who said the athlete had noticed discrepancies with his account on Wednesday.
According to the newspaper, millions of dollars are missing from Bolt’s account.
SSL did not return calls to its office on Friday.
The FSC said to be "aware of reports of alleged fraud at one of its licensees, Stocks and Securities Limited".
The commission added that the oversight process would allow them to have a "complete vision of the integrity of the transactions that are carried out, including the movement of funds, and values in and out of SSL."
"The FSC will simultaneously continue its investigations into matters relating to SSL"they added.
Bolt retired from track and field in 2017 after a stellar career that, in addition to eight Olympic gold medals, included 11 world championship gold medals.
The athlete rose to world fame at the 2008 Beijing Olympics when he won the 100-meter and 200-meter dash, setting new world records in both races. The Jamaican won both races again at the London-2012 and Rio-2016 Games.
Bolt’s 100m time of 9.572, set in Berlin in 2009, remains the world record, and he also holds the fastest 200m time.