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In 2023, Usain Bolt lost $12 million investment at Stocks and Securities Limited (SSL), and has yet to retrieve his money two years on.
Usain Bolt has publicly voiced his deep frustration over the stalled efforts to recover the $12 million he lost in a shocking investment fraud scandal nearly two years ago.
In a candid appearance on the Meet The Mitchells podcast, the eight-time Olympic champion didn’t hold back his disappointment:
“I’ve never felt anything like this situation especially when it comes to the banking system,” Bolt said.
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“Banking is supposed to be one of the most secure things out there. Sure, you expect that sometimes small things might happen, but we’re talking about money here. No one really expects something this big.”
“The sad part is, there’s been no real progress. It’s been two years, and we haven’t heard much. We can’t even see where progress is being made. It’s like nothing is happening.”
Bolt’s comments come amid continued fallout from the multimillion-dollar fraud scandal involving Kingston-based investment firm Stocks and Securities Limited (SSL).
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In February, Pulse Sports reported that an international forensic investigation—led by Kroll Associates—revealed that the majority of Bolt’s funds never actually reached his SSL account.
According to Nationwide News Network, fake invoices and doctored account statements allegedly prepared by former SSL employee Jean-Ann Panton had misled Bolt’s management into believing his investment was both safe and growing.
Panton is now facing multiple fraud charges, but that hasn’t brought Bolt any closer to justice or financial restitution.
Despite an April 3rd notice from Caydion Campbell, the trustee of the SSL Victims Compensation Fund, announcing that partial payouts would begin in May, Bolt says his team has not received any positive feedback.
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Bolt admitted they had initially trusted the system to deliver justice.
“At first, we said, ‘Alright, let’s leave it to the bank and the courts.’ We even hoped the government would get involved and try to help. But after all this time, we haven’t gotten any positive feedback—not from anyone on any side.
“Hopefully, people see this and realize it’s a serious matter. We’re not here to just point fingers—we just want to try our best and finally reach a resolution.”
Speaking earlier this year on The Fix podcast which was reported by Pulse Sports, Bolt was considering taking the issue global.
The case, which has shaken trust in Jamaica’s financial institutions, continues to drag on—while Bolt, a man who once conquered the world with unmatched speed, finds himself stuck in a slow-moving nightmare with no finish line in sight.
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![Usain Bolt Makes Track Return As He Joins Olympics Finalist In Training [VIDEO]](https://sportal365images.com/process/smp-images-production/ringier.africa/10042025/86ee92b1-471c-4d72-b7c7-b3720afe379a.jpg?operations=fit(600:))
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