Worlds fastest man just ran out of luck
Olympic champion Usain Bolt is seeking to collect more than $12.7m (£10.2m) in fraud losses, according to his attorney.
The Financial Services Commission (FSC) of Jamaica has opened an investigation into Stocks and Securities Limited (SSL).
Over a decade ago, the 36-year-old retired sprinter had stakes with SSL.
If the funds are not returned, the matter will be taken to court, said attorney Linton Gordon.
"This is a great disappointment, and we hope that the situation can be handled so that Mr. Bolt can reclaim his money and live in peace."
Nugent Walker, Bolt's manager, told the Jamaica Gleaner that the eight-time Olympic champion had observed "inconsistencies."
The FSC stated that it was "informed of reports of fraud charges" and that the monitoring procedure would allow it to monitor the transfer of funds and securities into and out of SSL.
"The FSC will simultaneously continue its investigations into SSL-related problems," the statement continued.
SSL stated that its own internal investigations indicate that a former employee is responsible for the alleged fraud and that it has "reported the matter to the appropriate law enforcement authorities."
Bolt retired from athletics in 2017 after winning eleven gold medals at the World Championships and eight gold medals at the Olympics.
During the 2008 Olympics in Beijing, Bolt established new world records for the 100- and 200-meter dashes.
His 100-meter dash time of 9.572 seconds is the current world record.
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