Usain Bolt Says His Charitable Deeds Have Been Affected by SSL Fraud
During an interview over the weekend, Usain Bolt shared that the millions he lost during the Stocks & Securities Limited (SSL) fraud have made his charitable deeds harder. The retired sprinter was allegedly defrauded of US$6.2 million by former SSL employee Jean-Ann Panton and has not yet recovered any of his original investment despite.
So far, he has filed a lawsuit against Panton and the investment firm.
Speaking with The Jamaica Star, Bolt said that despite the financial setback, he is trying not to allow the circumstances surrounding the fraud to affect his charitable spirit. The former athlete highlighted that his career and life exemplify just how strongly he believes in giving back whenever he can.
While his charitable efforts have been affected by the loss of what was supposed to be his retirement, Bolt explained that he continues to try as he understands the struggles of Jamaicans.
“To be truthful, I must say, it has made it [giving] a little harder. But I understand the struggles with Jamaican people, and I also understand that if I am going through this, then I understand what other people are going through. If I can help, I will always help Jamaica,” Bolt said.
He also expressed his deep love and devotion for Jamaica, highlighting that he could have easily left the country but chose to stay. Further speaking on how the SSL fraud has affected his life after athletics, the Olympic gold medallist disclosed that he has put a pause on his career in music.
Bolt, who launched the music labels 9.58 Records and A-Team, shared that he is stepping back with hopes of returning in the future.
“What happened shocked the system … so I kinda tek a step back. Hopefully, in the future we can lean back into it. For right now we might do a one or two thing, but nothing as intense as we used to,” Bolt stated.
He highlighted that his music labels were used to promote positivity and uplift young people. Bolt added that it’s been “tough,” so he is taking his time.
