Usain Bolt has refuted claims that he’s now broke, as rumours swirl that he has simply 12,000 {dollars} left in his checking account.

These rumours come following a fraud case that will have value his firm 12m euros.

Bolt commented on the case for the primary time this weekend, talking at a luncheon for the Gibson McCook Relays on the Jamaica Pegasus lodge.

“It’s at all times going to be a unhappy state of affairs for anyone to lose what they’ve labored arduous for,” Bolt advised the Jamaica Observer.

“That is a unhappy state of affairs and I’m undoubtedly dissatisfied.

“I do not wish to say an excessive amount of but, as we all know, from all people’s standpoint it would not look good.

“I’ve learn a few feedback and all people is confused. I’m as confused as the general public, but we’ll see what occurs.

“No, I’m not broke, but it has undoubtedly put a damper on me.

“It was for my future. Everybody is aware of I’ve three children, I’m nonetheless taking care of my mother and father, and I nonetheless wish to dwell very properly.”

What is the Usain Bolt fraud case?

Usain Bolt is broadly considered the best sprinter of all time, having shot to prominence when he scorched the 100m discipline on the 2008 Beijing Olympics.

He known as time on his athletics profession in 2017 with eight Olympic golds, 11 World Championship titles and practically unbeatable data within the 100m and 200m, but his retirement hasn’t been so joyful.

He’s the highest-profile sufferer in a three billion greenback fraud case that has affected greater than 40 shoppers, because the 12.7 million {dollars} he had invested in a Stocks and Securities Limited account has reportedly dwindled to only 12,000 bucks.

The Jamaican authorities has requested the FBI to step in to assist its investigations, as they give the impression of being to resolve this.

“Let’s give it time and see what’s going to occur,” Bolt added.

“For me it’s powerful, but I believe the years of competing helped me to grasp and simply focus.

“I depart the matter in my legal professionals’ fingers and I’m simply making an attempt to focus on my household and check out not to assume an excessive amount of about it as a result of it’s a disturbing state of affairs.”

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