How Did Usain Bolt's Advisor Steal US$12 Million and Get Away With It?

How did Usain Bolt's wealth advisor steal US$12 million from his account and get away with it?

These were the methods she confessed to using on other clients.

Here's what you can do to protect your own portfolio.

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[erdnati]

A steal of this magnitude doesn't happen without higher, much higher authority.

[errarehumanumest]

For over a decade, I owned a company here in Jamaica. But knowing about the horrendously high amount of corruption in Jamaica, I decided to never use any Jamaican bank or investment firm. Currently, I am using the services of Deutsche Bank, and I am happy to have avoided theft of my personal or my company's money. If you use Jamaican companies, the fault is with you. Not even the government of Jamaica will jump in and reimburse you for the corruption inside its own agencies.

[JAMUSA]

They are called "Broker" for a reason. They will make you go broke. Lucky for Bolt he will not be broken by just this one act

[SophieC]

Just finished watching this Kalilah You’ve touched on some very important key points, as a Risk & Compliance Officer, I am still in shock 😮 a very important piece of the puzzle is missing, Re: the forged emails the callback process is missing, you are required to call the client to confirm the email request and record both date and time of the callback.

[haveambition]

FSC ED resigned. It will take popular persons to shake things up in Jamaica. Thank God unno trouble Bolt account because if it was my account that got affected no ED would resign from any Government body and no laws would be considered to protect my life savings.

[CeeCee-jw]

I would never invest money in a Jamaican firm.

[YouAREyoubeYou]

If you’re making money like this, IT IS YOUR business to know/learn how to handle it.

[jamesmorton]

If you don't know then you must trust. Trusting the wrong person always ends badly

[kgriff]

That type of money can't vanish in thin air that type of money gotta be tied up in real estate.

Regulators need to find the culprits ASAP and seize all their assets.

[trudykroll]

This is why I trade my own money. Because I once ask a wealth advisor to trade for me and he didnt do what I ask hence I went and learn things for myself.

[dy]

Thank you for discussing this very important topic. Great content as usual.

[Jennymanley]

With all due respect there's a company right now that needs scrutiny!!!! Been building apartments for almost 5 years in Liguanea near the embassy. Check. Now.

[unclemony]

How did Usain Bolt’s wealth advisor steel from him, and how do you manage to look much younger than 9 years ago. I’m just watching your vlogs for the first time, thanks for imparting your immense knowledge and wisdom.

[kingnaldo]

I got word that many persons are now pulling out their money 💰 from other brokerage firms, based on this current scandal. Not good for JSE...🤔

[dexterhartnabrig]

Usain bolt should have left Jamaica when he made all that money. Everybody in Jamaica a jus fi dem self .no amount a money can fix bad minded people.

[micowilliams]

Because when it's comes to the rich and prominent, the Jamaican Justice system suddenly become toothless 🤏👇

[MovieRecapScope]

Sad on all levels!
This is such an eye-opener

[johnt]

The adviser most likely told the client that her name is required to be listed.

[respectbigman]

A broker is such and nothing else. A broker mislead a client can go to jail for that also. There are integrity clause that goes along with your license to be a broker. You are not allow to swindle clients.

[hrmorrison]

Hi mi sista, just watch your program, first of all excellent content, , next as a citizen of Jamaica living overseas, we need intelligent people like you to highlight what is really going on, the question is why??? Too much greedy people, Nanny and Tacky suppose to turn in dem grave, I am so ashamed of wha gwan a yaad right now, but you keep up the excellent job, wonderful educational content 👍🏿, love you 🇯🇲