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World’s Fastest Man Usain Bolt Defrauded of $12.7 Million

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World's Fastest Man Usain Bolt Defrauded of $12.7 Million

The World’s fastest man Usain Bolt from Jamaican sprinter told reporters that he is perplexed about how $12.7 million of his money went missing from a local private investment firm that authorities are investigating as part of a massive fraud that began more than a decade ago.

Bolt also stated that he fired his business manager, adding that the split was not amicable.

When asked if he was “broke,” the former athlete laughed.

“I’m not broke, but it’s dampened my spirits,” he said. “It was for my benefit. Everyone knows I have three children. I’m still concerned about my parents and want to live comfortably.”

According to Bolt’s attorneys, the athlete’s account with Kingston-based Stocks and Securities Limited has been reduced from nearly $12.8 million to around $12,000. They gave the company until Friday to return the funds or face civil and criminal charges.

As of late Friday, it was unclear whether any action had been taken. Attorney Linton P. Gordon did not respond to a request for comment.

According to the Jamaica Observer, the public should expect the “expected and unexpected” in the case.

“Given what is going on, there is nothing to say at this point,” he was quoted as saying. “We met with people and are dealing with certain issues.”

Usain-Bolt

Usain Bolt perplexed

Jamaican Finance Minister Nigel Clarke announced earlier this week that the director of the Financial Services Commission was stepping down and that the Bank of Jamaica would now be in charge of regulating the island’s financial system.

He claimed that the alleged fraud impacted several government agencies and elderly customers.

“It’s always a depressing situation. “Disappointed,” Usain Bolt said of the elderly victims. “Everyone is perplexed… “I’m as perplexed as the general public.”

Jamaican authorities have asked the FBI and other unidentified international experts for assistance, claiming that clients were given false statements about their balances as part of the alleged fraud. Officials have not yet stated how many clients were affected or how much money is missing.

Earlier that day, Bolt mentioned the alleged fraud during a sponsored luncheon for an upcoming relay.

“As you are all aware. “I’ve had a tough week, a few tough weeks,” he admitted, adding that he would continue to do everything he could to help his island.

“Regardless of what’s happening right now, Jamaica is my country. That will not change,” he stated.

“I’m just trying to focus on my family and not think too much about it because it’s a difficult situation,” he said in an aside to reporters.

Stocks and Securities Limited did not respond to a request for comment on Friday. Earlier this month, the company notified authorities that a manager had allegedly committed fraud.

Jamaican Prime Minister Andrew Holness announced earlier this week that his government would not bail out the company.

“The government will not socialize any debt, and we will not socialize our banks’ failure,” he stated.

Usain-Bolt

Usain Bolt Jamaican athlete

Usain Bolt, full name Usain St. Leo Bolt, (born August 21, 1986, Montego Bay, Jamaica), is a Jamaican sprinter who won gold medals in the 100-meter and 200-meter races in three consecutive Olympic Games and is widely regarded as the greatest sprinter of all time.

In his adolescence, Bolt, the son of grocers in Jamaica’s rural Trelawny parish, excelled as a cricket fast bowler. He grew up idolizing the European football (soccer) teams Real Madrid and Manchester United, but his high school coaches directed him toward track and field.

Bolt made his mark as a track prodigy for the first time at the 2002 World Junior Championships. In that meet, in front of 36,000 spectators at Jamaica’s National Stadium in Kingston, Bolt—then 15 years old—won gold in the 200 meters, becoming the youngest-ever male world junior champion in any event. At 16, Bolt set the junior (age 19 and under) 200-meter world record of 20.13 seconds; at 17, he ran the event in 19.93 seconds, becoming the first teenager to do so.

Bolt won gold medals in his three signature events (100 meters, 200 meters, and four 100-meter relays) at the 2015 world championships, and his fourth career 200-meter gold extended his world championship record for most wins in that race.

He cemented his status as the greatest sprinter in history at the 2016 Olympic Games in Rio de Janeiro, where he won gold medals in the 100-meter, 200-meter, and 4 100-meter relay events, becoming the first person to win gold medals in both individual sprints in three consecutive Olympics.

He retired from athletics following the 2017 World Championships, where he won a bronze medal in the 100-meter sprint and finished eighth as a member of the 4 100-meter relay team after injuring his hamstring in the final.

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Juan Soto Traded From Padres To Yankees In 7-Player Deal

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TORONTO, ONTARIO — For months, it had been speculated that the San Diego Padres might trade Juan Soto. Those rumors gained traction over the last week, culminating on Wednesday with the outfielder’s trade to the New York Yankees.

Soto is a generational hitter who dramatically transforms the Bronx Bombers. This is the largest move of the MLB offseason so far, and it should serve as a massive domino effect for subsequent trades across the league.

Here’s a closer look at the agreement and what it entails.

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Juan Soto Traded From Padres To Yankees In 7-Player Deal

The transaction involves the San Diego Padres sending outfielders Soto and Trent Grisham to the New York Yankees in exchange for right-handers Michael King, Jhony Brito, Randy Vásquez, and Drew Thorpe, as well as catcher Kyle Higashioka.

The Yankees have emerged as the overwhelming favorite to sign Soto over the last few days. Other teams did not appear to be running late in the process, although numerous teams, notably the Toronto Blue Jays, have been mentioned in trade talks for the slugger.

The participant: We could write a book about Soto’s accomplishments and awards. He’s a batting champion, a World Series champion, a three-time all-star, and a four-time Silver Slugger. Simply put, he’s one of the finest hitters in the game, and at 25 years old, he may be approaching his prime.

Juan’s wRC-plus of 154 trails only three hitters since breaking into the majors in 2018: Yordan Alvarez (166), Aaron Judge (166) – his new teammate — and Mike Trout (172).

Juan had an outstanding 2023 season, hitting.275/.410/.519 with 35 home runs and an MLB-high 132 walks. His percentile rankings, typically among the best in the league last season, are equally astounding. All of this is crucial because, by his standards, Soto had a bad year in 2022 when he was moved from Washington to San Diego.

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Juan Soto Traded From Padres To Yankees In 7-Player Deal

The imminent free agency of Soto will be one of the biggest stories surrounding him in 2024. Soto, represented by super-agent Scott Boras, will join the market as one of the best free-agent hitters ever unless he is signed to an extension by the Yankees. His performance will be closely watched since it could strengthen his case for being a monster.

The fit: The Yankees have wished for a left-handed batter of Soto’s caliber for many years. The club should have pursued Bryce Harper during his free agency following the 2018 season, and the purchase of Soto might be viewed as a chance for general manager Brian Cashman to start over

Juan’s swing and batting profile are ideal for Yankee Stadium and its short right-field porch. Juan should easily outperform his career-high 35 home runs from last season. He’ll be teamed in the outfield and batting order with Judge to form arguably baseball’s deadliest offensive combo.

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Juan Soto Traded From Padres To Yankees In 7-Player Deal

The Yankees urgently needed a move like this after a poor offensive season in which they finished 24th in OPS (.701) and 29th in batting average (.227). The squad has long used a lineup prone to strikeouts and was overly right-handed. The additions of Soto and fellow outfielder Alex Verdugo should help to alleviate such concerns.  

The next domino to fall: Shohei Ohtani, the biggest of them all, though it’s safe to presume that the Soto trade has no influence there. Cody Bellinger’s market for outfielders should improve. In addition, the Yankees have recently been linked to Japanese starter Yoshinobu Yamamoto and might continue their offseason retooling by landing the right-hander.

SOURCE – (ESPN)

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Brisbane Mayor Quits 2032 Olympic Organizing Committee, Condemns Stadium Costs

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Brisbane Lord Mayor Adrian Schrinner has resigned from the inter-governmental group planning the 2032 Brisbane Olympic Games, describing it as a “pointless talkfest” and a “dysfunctional farce.”

It is the first substantial divide for the organizers, whom the International Olympic Committee chose to host the 2032 Summer Olympics in 2021.

The so-called Leaders’ Forum, which includes officials from all three levels of government and various organizations, is intended to deliver the Olympics while leaving a legacy for Queensland. Its mandate is to collaborate with Premier Annastacia Palaszczuk’s Queensland state government to “progress the significant venues, villages, and transportation infrastructure” for the Games.

However, Schrinner claimed that the committee was meant to “place key stakeholders while the state government made all the real decisions behind closed doors.”

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Brisbane Mayor Quits 2032 Olympic Organizing Committee, Condemns Stadium Costs

“The truth is that we’ve always wanted to be team players. On Sunday, Schrinner stated, “The state government wanted to play politics.”

He advocated for creating an independent authority, similar to the one that oversaw preparations for the Sydney Olympics in 2000 and the London Olympics in 2012, to bring planning “back on track.”

“We don’t need overpriced stadiums, we need better transport,” Schrinner said. “This week it became very apparent that the Intergovernmental Leaders’ Forum is a dysfunctional farce.”

According to Schrinner, sports have become “more about overpriced stadiums.”
A $2.7 billion US makeover of the existing Gabba stadium in inner-city Brisbane, which would be dismantled and rebuilt, is intended to be the centerpiece of an Olympics with sites around southeast Queensland. However, Schrinner suggested that alternative options be investigated.

He was particularly critical of the state government’s proposals for Brisbane City Council to contribute $91 million to upgrade another local stadium, the RNA Showgrounds, to host cricket and Australian Rules football while the Gabba is redeveloped.

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Brisbane Mayor Quits 2032 Olympic Organizing Committee, Condemns Stadium Costs

A 20,000-person stadium will be built within the showgrounds for the next five years to house the Brisbane Lions AFL teams and the Brisbane Heat cricket club. Schrinner resigned in response to the state government’s request for a financial commitment from the city for a temporary cricket and AFL site.

“The state government’s game playing is jeopardizing the games and they are quickly losing the support of the people of Queensland,” Schrinner said in a statement. “It’s clear that the games have become more about overpriced stadiums rather than the promise of vital transport solutions.”

Queensland Sports Minister Stirling Hinchliffe expressed surprise at Schrinner’s decision to resign. If he chooses to return, a place will be reserved for him.

Queensland will have council elections in March of next year. Schrinner’s conservative Liberal National Party alliance and the opposition Australian Labor Party had previously backed the Gabba renovation.

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Brisbane Mayor Quits 2032 Olympic Organizing Committee, Condemns Stadium Costs

The Greens’ candidate for mayor of Brisbane, Jonathan Sriranganathan, has stated that if elected, his party would oppose the demolition and rebuilding of the Gabba. He called it a “deplorable waste of money” and a “bad deal for our city.”

SOURCE – (CBC)

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Buffalo Bills Linebacker Von Miller Turns Himself In After He Was Accused Of Assaulting A Pregnant Woman

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Von Miller, a Buffalo Bills linebacker accused of abusing a pregnant lady, handed himself in Thursday after an arrest warrant was issued for him, according to Dallas police.

Miller, 34, surrendered to the Glenn Heights Police Department Thursday afternoon, hours after the warrant was issued, according to Dallas police.

Von was escorted to the DeSoto Police Department jail and quickly posted $5,000 bond before being released, according to Glenn Heights Police Chief Nick Bristow, according to CNN affiliate WFAA.

Dallas police responded to a “major disturbance call” around 11 a.m. on Wednesday, according to the police department. According to police, a preliminary investigation showed that Miller and the victim had a verbal altercation and that Miller reportedly assaulted her.

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Buffalo Bills Linebacker Von Miller Turns Himself In After He Was Accused Of Assaulting A Pregnant Woman

According to authorities, Von fled the scene before officers arrived, and the woman was treated for minor injuries but not hospitalized.

“This morning, we were made aware of an incident involving Von Miller,” the Bills stated in a statement. “We are in the process of gathering more information and will have no further comment at this point.”

CNN has reached out to Miller for comment.

When reached by CNN, an NFL spokeswoman stated that the league is aware of the situation and has communicated with the Bills, but declined to comment further.

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Buffalo Bills Linebacker Von Miller Turns Himself In After He Was Accused Of Assaulting A Pregnant Woman

Von was born in DeSoto, Texas. He has two Super Bowl rings, one with the Denver Broncos and one with the Los Angeles Rams, and he was awarded the Super Bowl 50 MVP.

Von is the host of the Bleacher Report podcast “The Voncast.” Warner Bros. Discovery (WBD) is the parent company of both Bleacher Report and CNN. When asked about the arrest warrant, WBD remained silent.

Von is a prominent figure in football, known for his exceptional skills as a linebacker. He played a significant role in the Denver Broncos’ defense for many seasons, contributing to their success.

With his agility and strength, Miller has garnered recognition as one of the top players in the NFL. His impact on the field has earned him numerous accolades, making him a key player to watch during football season.

SOURCE – (CNN)

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