USAIN BOLT

World record holder Usain Bolt said he is dealing with a “difficult situation” as he attempts to recover $12.7 million that disappeared from his account with an investment firm.

Jamaican sprinter Usain Bolt tells reporters he is baffled over how $12.7 million of his money has gone missing from a local private investment firm that authorities are investigating as part of a massive fraud.

Jamaican sprinter Usain Bolt told reporters Friday that he is baffled over how $12.7 million of his money has gone missing from a local private investment firm that authorities are investigating as part of a massive fraud that began more than a decade ago. When asked if he was “broke,” the retired star athlete laughed. Bolt’s attorneys have said the athlete’s account with Kingston-based Stocks and Securities Limited dwindled from nearly $12.8 million to some $12,000.

Jamaica’s government has turned to the FBI for help as it investigates a massive fraud case involving a private investment firm where $12.7 million belonging to renowned sprinter Usain Bolt has gone missing.

Bolt's lawyers said the champion sprinter's account once held $12.8 million but now reflects a total balance of $12,000.

World record sprinter Usain Bolt had almost his entire $12.8 million taken from a private investment firm in a "serious act of fraud," his lawyers allege.

Lawyers say an investment account belonging to the former sprinting star that held millions has been nearly completely drained.

Lawyers for sprinter Usain Bolt say more than $12.7 million is missing from his account with a private investment firm in Jamaica that authorities are investigating.

The post-Usain Bolt era has delivered a bevy of thrilling performances

Jamaica's Shericka Jackson is now a world champion after a mistake led to an early exit at the Tokyo Games.

A new obstacle appeared out of nowhere on the steeplechase course at world championships.

Hurdler Devon Allen did not jump before the starting gun.

Marcell Jacobs already won another gold medal at the world indoors.

UChicago Medicine now estimates about 56% of patients on the city's south side must leave the area to get health care.

According to the Olympic website, alpine skiers regularly reach speeds of up to 95 miles per hour.

He led the powerful IAAF but was linked to bribery scandals involving doping and the awarding of Olympic sites.

Lamine Diack, the controversial long-time leader of track and field who was convicted of extorting money from athletes and accused of taking bribes in an Olympic hosting vote, has died.

Alex Rose tells CNBC Make It how he and co-founder Sam Browne set up group sports events booking platform Let's Do This and got investment from Serena Williams.

Sha’Carri Richardson responded to comments by retired Olympian Usain Bolt, who told The New York Post his fellow sprinter should […] The post Sha’Carri Richardson responds to Usain Bolt’s comments on persona appeared first on TheGrio.

The Tokyo Games reminded us why athletics remains the greatest show on Earth

Over nine days at the near-empty Olympic Stadium, the women of track and field delivered a memorable show.

The Italian Olympic team’s hashtag on social media for the Tokyo Games translates loosely as “Astonish the world.”.

A five-minute burst of action near the backstretch of the Olympic track served up the perfect snapshot of what is going right and all that is going wrong for the U.S. track and field team in Tokyo.

Sport climbing has made its Olympic debut, giving the world a chance to see just how physically demanding it can be.

Andre De Grasse of Canada won the Olympic gold medal in the 200-meter race five years after finishing second to Usain Bolt.

The main action for Day 12 of the Tokyo Games is at Olympic Stadium with live track & field events anchoring Wednesday coverage.

The first hints that this was Italy’s year came when Italian band Maneskin won the popular Eurovision Song Contest in May.

Jacobs of Italy has won the fastest track race at the Tokyo Olympics, the men's 100 meter. The U.S.'s Fred Kerley, who is 26 and from San Antonio, took silver.

Caeleb Dressel and Emma McKeon earned milestone medals at the Olympic pool before the race to determine the fastest man in the world took center stage.

Marcell Jacobs won the men’s Olympic 100-meter race Sunday night, crossing the line in 9.8 seconds to bring the sprint gold to Italy for the first time.

Usain Bolt has retired so there will be a new fastest man at the Olympics for the first time since 2008 when the men’s 100-meter dash is held on Day 9 of the Tokyo Games.

Usain Bolt might be long gone from the sprint scene.

There are Olympic champions and world champions, Olympic records and world records.

The name Flo-Jo is popping up quite a bit these days with this current wave of sprinters creeping closer to her world-record times in the women’s 100 and 200 races.

Eight-time Olympic gold medalist Usain Bolt admits he wasn't always good with money, but over time has learned to save more than half of his earnings. Here's his best advice.

Retired Jamaican sprinter Usain Bolt has been training to run the 800 meters for a promotional event.

American star Simone Biles is ready for her Olympic encore.

Allyson Felix is headed to her fifth Olympics.

Simone Biles’ Olympic encore is finally here.

The fastest man in the world is now a father of three.

The fastest man in the world is now a father of three.

Leigh Diffey has carved a niche as the voice of speed for NBC Sports.

May 23—Trevor Schneider peered through his scope, a 1,000-pound brown bear made small by 1,410 feet of distance. For Schneider, of Bonners Ferry, it was a reasonable shot. He's killed animals from farther, after all. He slowed his breathing, each breath condensing in the chill of the Alaskan evening. It was 8 p.m. on May 13 and Schneider and his sister Tana Grenda were on their fourth day ...

Olympic gymnastics champion Simone Biles is gearing up for one more turn in the spotlight.

Middle-distance runner Kameron Jones’ contributions to Clemson's track program might not be measured through his times as much as his actions in trying to keep the men’s team from being eliminated.

FILE - In this Sunday, Aug. 5, 2012, file photo, Jamaica's Usain Bolt reacts to his win in the men's 100-meter final t the 2012 Summer Olympics in London. (AP Photo/Anja Niedringhaus, File)KINGSTON Jamaica's Minister of Health says legendary sprinter Usain Bolt has tested positive for the novel coronavirus. Minister Christopher Tufton said Bolt was aware of the results and his recent contacts were being traced. He has been formally notified, Im told by the authorities,'' Tufton told reporters Monday evening. Like everybody, checked social media and saw that social media says Im confirmed of COVID-19, he said.

Jamaican track sensation Usain Bolt said on social media Monday he is awaiting the result of a coronavirus test and is quarantining himself as a precaution. The 34-year-old retired sprinter who won gold in the 100 and 200 meters at the last three Olympics posted a video on social media to explain the situation. Like everybody, checked social media and saw that social media says Im confirmed of COVID-19, he said. He wrote in the posts: Stay safe my ppl" with hands folded in prayer. Bolt set the world records in the 100 and 200 meters at the 2009 world championships in Berlin.

FILE - In this Aug. 13, 2004, file photo, the Olympic Rings are shown in flames in a pool of water during the Opening Ceremony of the 2004 Olympic Games in Athens. (AP Photo/Julie Jacobson, File)When the Olympics returned to Athens in 2004, they also returned to antiquity. They finished in central Athens at the Panathenian Stadium, the marble venue used for the opening and closing ceremonies of the inaugural 1896 Games. Irina Korzhanenko of Russia became the first woman to win a gold medal at the ancient site that birthed the Olympics. The gold medal instead went to Argentina, a team led by Manu Ginobili.

That was true in Beijing in 2008, and the stars were Michael Phelps and Usain Bolt. But Beijing is also storied for its signature venues like the Bird's Nest stadium, and the Water Cube swimming venue. Here are some of the highlights of the 2008 Olympics in Beijing. That was true in Beijing in 2008, when the stars were Michael Phelps and Usain Bolt. But Beijing is also storied for its signature venues like the the 91,000-seat Bird's Nest stadium, and the nearby swimming venue called the Water Cube.No games before or since have impacted a city the way the Olympics did Beijing.

Former president of the IAAF (International Association of Athletics Federations) Lamine Diack, center, arrives at the Paris courthouse, Monday, June 8, 2020. Lamine Diack jetted the world and rubbed shoulders with VIPs. The most conspicuous absentee was his son, Papa Massata Diack, who lives in Senegal and didn't travel to Paris for the trial. He conducted himself like a thug," Lamine Diack said in court. Prosecutors asked the court for a 4-year prison term and a fine of 500,000 euros ($562,000 ) for Lamine Diack.

A sweeping sports corruption trial opened Monday in Paris involving allegations of a massive doping cover-up that reached to the top of world track and field's governing body. (AP Photo/Thibault Camus)PARIS A sports corruption trial involving allegations of doping cover-ups and illicit payoffs at the top of track and field opened Monday in Paris. As IAAF president, Diack was one of the most influential men in Olympic sports, presiding over an era when Usain Bolt made track and field wildly popular. The 86-year-old Diack is being tried for corruption, money laundering and breach of trust. Papa Massata Diack also faces corruption, money laundering and breach of trust charges.