Therefore, they demanded that Stocks & Securities Limited return the money to Bolt’s account or face legal action.
“If this is true, and we hope not, then a serious act of fraud or a combination of both has been committed against our client,” his lawyer said.
Meanwhile, Stocks & Securities Limited is under investigation by the Financial Services Commission of Jamaica.
The investment firm has not yet responded to the shocking news of Bolt’s missing money, but said it was taking steps to rectify the situation.
“We understand that the client is eager to receive more information and assure that we are closely monitoring all necessary steps and will alert the client of the resolution as soon as the information becomes available,” said the company.
Jamaica’s Finance Minister, Nigel Clarke, also lamented the situation, saying it was unusual in the country’s financial sector.
“It’s tempting to doubt our financial institutions, but I ask that we not paint an entire hard-working industry with the brush of a few dishonest people,” he said.