San Juan, Jan 13 (AP) Financial authorities in Jamaica said they are investigating allegations of fraud at Stocks & Securities Ltd., a private wealth management company based in the capital of Kingston.

The company's clients include Usain Bolt, one of the world's greatest sprinters, according to a local newspaper, The Jamaica Gleaner. Bolt's manager, Nugent Walker, was quoted as saying that Bolt has invested with the company for more than a decade and that his entire portfolio is being reviewed after he noticed discrepancies in his account.

Also Read | Biden to Expedite Deportation Relief for Migrants Caught Up in Labor Abuses – Latest Tweet by Reuters.

The company did not immediately respond to a request for comment on Friday.

Jamaica's Financial Services Commission said Thursday that it is scrutinizing all transactions at the company, which can remain in opeation but with government oversight and approval as the investigation continues. (AP)

Also Read | Vladimir Putin Won’t Fight Russia’s 2024 Election, Might Name Successor and Settle in His Black Sea Palace With Pole Dancing Room: Report.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)