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Usain Bolt's Missing Money: Financial & Cultural Impact for Jamaica
Manage episode 353905234 series 3056818
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It was reported in early January that retired track star Usain Bolt was missing $12.7 million from an account with a private investment firm in Jamaica, Stocks and Securities Limited (SSL) Usain Bolt gave the firm 10 days to return the money to his account.
This left many Jamaicans in the country and abroad in a state of shock. It is no surprise that banking on the island is not the best process, coupled with the idea of Scamm/Choppa culture at the height of scrutiny in music, how can a revered, well known, living legend to the island be scammed out of this kind of money and if he’s not safe then who is? I share my thoughts on potential financial and cultural impact.
Articles for reference:
Lisa Hanna's Jamaica Observer Article: https://www.jamaicaobserver.com/columns/the-grim-reaping-reality-of-the-jamaican-banking-system/
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