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Usain Bolt, who lost millions to a Jamaican investment firm, a year later apparently addresses cheating scandal: ‘Still a fight’

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World-famous sprinter Usain Bolt reflects on the lack of millions in a cheating scandal in a newly released video.

According to the Jamaica-Gleaner, in early 2023, Bolt discovered that just about $13 million had disappeared from his account at investment firm Stocks and Securities Limited (SSL). After being tipped off by a former worker connected to the scheme, the eight-time Olympic gold medalist’s balance was just $12,000. A year later, he still hadn’t received the cash. The investigation is ongoing.

In 2009, Usain Bolt set a 100-meter world record of 9.58 seconds. (Photo: Mustafa Yalcin/Anadolu Agency via Getty Images)

“Oh man, so it has been a year. I just want to know that I’m still here, keep fighting, keep hanging on, at all times keep going, stay strong. You understand how it’s done within the country,” Bolt, who at age 37 stays the world record holder within the 100- and 200-meter sprints, said on Jan. 11 in a video posted on social media.

“To all the people who support me, keep supporting me… One love,” he continued.

SSL made headlines after it was revealed that an estimated $30 million was stolen from greater than 200 accounts, including Bolt’s, it said. The only person charged within the case was former customer relations manager Jean-Ann Panton.

According to the Jamaica-Star, Panton faces a variety of charges, including engaging in transactions involving criminal property, forgery and theft in his capability as a servant. She reportedly admitted to smuggling funds “over several years” by creating “false statements to customers that stated what they should have in their accounts rather than the amount they actually had in their accounts.”

Panton was named together with nine others as defendants in a lawsuit filed by certainly one of the scheme’s victims, Jean Forde, who claims $830,000 was taken from her wallet.

As a part of her legal motion, Panton claimed that her boss, Hugh Croskery, encouraged her to admit wrongdoing.

“It is with concern that the second defendant (Panton) submits that the background to the alleged confession was based on a suggestion made by the third defendant (Croskery) on behalf of the primary defendant (SSL). The said offer was an inducement and otherwise the declaration wouldn’t have been made,” her defense team explained in a May 2023 lawsuit. “The second defendant (Panton) subsequently challenges the plaintiff to rigorously prove the validity of the alleged confession and charges against him in accordance with the law “.

Last September, Jamaica’s finance chief, Nigel Clarke, announced that taxpayers could be accountable for the wages of employees who continued to work at the corporate amid the investigation, sparking a public outcry.

“I will provide the public with more detailed information as it becomes available. However, we are talking about 22 employees whose monthly salary is $9.5 million. In addition, there are operating costs of approximately $5 million along with some one-time expenses,” Clarke explained on the time.

This article was originally published on : atlantablackstar.com
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Netflix sued over streaming issues during Mike Tyson and Jake Paul fight

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Mike Tyson, Jake Paul, Boxing, professional record, July 20, Texas Department of Licensing and Regulations


More than 60 million viewers reportedly tuned in to observe the Mike Tyson-Jake Paul boxing match, with many experiencing issues while streaming the event on Netflix. Given the issues one man needed to cope with because of streaming difficulties, he sued the streaming giant for $50 million.

According to , Florida resident Ronald “Blue” Denton filed a class-action lawsuit on November 18. The lawsuit related to a fight between the 2 men on Friday, November 15, which resulted in a unanimous decision victory for Paul over Tyson. The viewer is suing the corporate, amongst others. for breach of contract.

reports Denton wrote: “60 million Americans were thrilled to see “Iron” Mike Tyson, “The Baddest Man on the Planet,” versus award-winning YouTuber Jake Paul.” What they saw was “The Worst Streaming on the Planet.”

As the fight continued, many individuals on social media complained that they were having trouble watching the fight. Some complaints included buffering issues or inability to access the app.

Stating that “over 100,000 people have complained online,” the lawsuit said that “boxing fans, in addition to average Americans wanting to see the legend in what is probably going his final fight, have been faced with legendary issues including lack of access, streaming glitches and buffering issues.”

reported that Netflix admitted it was aware of its customers’ streaming issues during the boxing match.

“We don’t want to downplay the bad experience some members had and know we have a lot of room for improvement, but we still consider this event a huge success.”

Netflix announced that the fight was watched by 60 million people worldwide and peaked at 65 million concurrent streams.

Tyson (58), who has not boxed for several years, is over 30 years older than Paul (27).


This article was originally published on : www.blackenterprise.com
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In 2025, the Basketball Africa League play-offs will move to South Africa

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The 2025 Basketball Africa League season will feature a brand new venue for the finals and playoffs and will also start at a brand new location.

The BAL 2025 Playoffs and Finals, scheduled for June 14, 2025, will happen at the recent home in Pretoria, South Africa. This will be the first time the BAL playoffs and finals haven’t been held in Kigali, Rwanda. The BAL 2025 season will also debut in a brand new location in Rabat, Morocco on April 5, 2025. During the BAL 2025 season, 12 of the best club teams from 12 African countries will play 48 matches in Rabat, Kigali and Dakar, Senegal, before traveling to Pretoria for play- offs.

“Over the first four seasons of BAL, we have seen tremendous growth in on-court competition, attendance and engagement from fans and partners in Africa and around the world,” BAL president Amadou Gallo Fall said in a press release. “Our groundbreaking fifth season will build on this momentum and continue to showcase the level of talent and passion for basketball in Africa, including through the first BAL games in Morocco and the first BAL Finals in South Africa.”

The 12 teams will be divided again into three conferences of 4 teams each. The group stage of the Kalahari Conference will happen from April 5 to 13, 2025 in Rabat. The group stage of the Sahara Conference will be held in Dakar from April 26 to May 4, 2025. The group stage of the Nile Conference will be held in Kigali from May 17 to 25, 2025. Eight teams from the three conferences will qualify for the play-offs in Pretoria, which will start on June 6 and end with the BAL 2025 finals.

“The Kalahari conference marks another expansion of BAL into a new country on our continent and we are more than satisfied,” FIBA ​​Africa president Anibal Manave said in a press release. “The competition continues to grow each year, providing greater exposure for our sport and helping to raise the level of basketball in Africa, making the league increasingly competitive.”

National champions from Angola, Egypt, Morocco, Nigeria, Rwanda, Senegal and Tunisia routinely qualify for the BAL. The remaining five teams are from FIBA ​​Africa’s Road to the BAL qualifying tournaments.

In the 2024 BAL season, Petro de Luanda of Angola became the first team from Sub-Saharan Africa to win the championship. According to BAL, the 2024 BAL season reached fans in 214 countries and territories in 17 languages, set an attendance record of greater than 120,000 fans in the 4 host countries and generated greater than 1.2 billion views across the NBA and BAL social media channels.

Marc J. Spears is Andscape’s senior NBA author. He used to have the option to dunk on you, but he hasn’t been able to do it for years and his knees still hurt.

This article was originally published on : andscape.com
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NFL star Terrell Owens signs a contract with Michael Strahan’s talent agency

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Terrell Owens, NFL, Football


NFL Hall of Fame receiver and podcast host Terrell Owens has signed with a talent agency to further strengthen his claims within the entertainment game.

According to , Owens was signed by SMAC Entertainment, headed by host and NFL Hall of Famer Michael Strahan and his business partner Constance Schwartz-Morini.

NFL insider Jordan Schultz has also joined SMAC Entertainment.

“We are excited to add TO and Jordan to the SMAC family. They are both at the top of their game and set the standard in their industry,” Schwartz-Morini said in a written statement. “TO and Jordan have already brought an infectious energy to our team, and we are excited to help them realize their vision for careers in media, business and branding.”

A five-time first-team All-Pro and six-time Pro Bowler, Owens played for the San Francisco 49ers, Philadelphia Eagles, Dallas Cowboys, Buffalo Bills and Cincinnati Bengals. In 2018, he was finally inducted into the Pro Football Hall of Fame.

A member of the 2000 NFL All-Decade Team, Owens finished his profession with 1,078 catches for 15,934 yards, 14.8 yards per catch and 153 touchdowns, rating third all-time in receiving yards and touchdowns.

Since retiring from skilled soccer in 2012, Owens has already made several moves. He has appeared in several movies and tv shows, including “,” and in addition had his own reality show, “, on VH1.

He currently co-hosts the podcast with former NFL player and sports analyst Shannon Sharpe.

SMAC Entertainment is home to stars similar to rapper and actor Common, Wiz Khalifa, Strahan, Deion “Coach Prime” Sanders and current NFL players similar to Stefon Diggs and DK Metcalf.


This article was originally published on : www.blackenterprise.com
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