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Usain Bolt's Missing $12.7M to Be Investigated by FBI as Part of Fraud Case

The FBI is now investigating alleged fraud that targeted Usain Bolt, multiple government agencies in Jamaica and more, according to Danico Coto of the Associated Press.

Lawyers for Bolt previously said an investment account in the former sprinter's name went from having a balance of $12.8 million to just $12,000, per Coto.

"If this is correct, and we are hoping it is not, then a serious act of fraud larceny or a combination of both have been committed against our client," Bolt's attorneys said in a letter to Stocks & Securities Limited, the investment company under investigation.