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19th January 2023
04:05pm GMT

Stocks & Securities Limited initially didn't respond to a request to comment but on their website, state that all clients should direct all urgent queries to Jamaica's Financial Services Commission, which is investigating the firm.
The company said: "We understand that clients are anxious to receive more information and assure you that we are closely monitoring the matter throughout all the required steps and will alert our clients of the resolution as soon as that information is available."
The private investment company said that they had detected alleged fraud earlier this month and that multiple clients could be missing millions of dollars.
Nigel Clarke, Jamaica's financial minister, has described the situation as 'alarming'.
He said: "It is tempting to doubt our financial institutions, but I would ask that we don't paint an entire hard working industry with the brush of a few very dishonest individuals."
The former sprinter's lawyers sent their letter on Monday - the same day that Jamaica's Financial Services Commission confirmed they would be hiring a special auditor to look into fraud allegations Stocks & Securities Limited.
Bolt, 36, retired from athletics in 2017 holds the world records for the 100 meters, 200 meters and 4x100 meters. He is estimated to be worth $90million, according to Celebrity Net Worth.Explore more on these topics: