Usain Bolt Only Gets Back Pennies in SSL Scam Payout – Massive Fraud Still Haunting Jamaica
Usain Bolt’s SSL nightmare continues as he recovers less than 1% of the millions stolen. Jamaica’s biggest financial scandal leaves victims still bleeding.
Thank you for reading this post. Don't forget to subscribe!
Checkout Our Social Media Pages HERE
⚡ Usain Bolt’s Nightmare: SSL Scam Leaves Him With Less Than 1%
When Jamaica’s sprint king, Usain Bolt, invested in Stocks & Securities Limited (SSL), the last thing he expected was to become the face of Jamaica’s largest financial scandal. Today, the legend is left with pennies on the dollar, as his company, Welljen Limited, will recover less than 1% of the millions stolen from its account.
💰 The Harsh Reality of the Payouts
Court-appointed trustee Caydion Campbell announced that the first round of payments to victims will begin this week. But here’s the shocker:
- The fund holds just J$79 million.
- Approved claims total J$1.7 billion.
- Victims are only seeing about 4.5% of what they’re owed.
That means Bolt and hundreds of others will recover just a tiny fraction of their stolen money.
🕵️ How SSL Collapsed Into Scandal
This isn’t just another fraud case — SSL had been on the Financial Services Commission’s radar since 2017 for non-compliance and shady practices. But no real action was taken until more than US$30 million vanished from clients’ accounts.
Bolt alone lost US$6.2 million (J$950 million). And while smaller investors are also devastated, his name turned this scandal into an international headline.
🎙️ Bolt’s Frustration Boils Over
In an interview earlier this year, Bolt admitted that if he didn’t keep the pressure on, he might “get back nothing.”
His attorney, Linton Gordon, says the payouts are “far from adequate,” and Welljen Limited is suing SSL for up to US$12.7 million.
🚨 Who’s Facing Justice?
So far, only Jean-Ann Panton, a former SSL client manager, has been charged. Many Jamaicans are questioning how such a massive fraud could go on for years without more heads rolling.
Even government figures weren’t safe — Prime Minister Andrew Holness quietly closed his SSL account in 2021, long before the scandal broke.
🏃 The Long Road Ahead for Bolt and Victims
For now, Bolt is only getting crumbs of his investment back. The battle for full recovery will be long, bitter, and uncertain. And for Jamaica, the SSL collapse has already gone down in history as one of the biggest financial betrayals of trust.
