Times of India·
Travis named VICTIM in USD 35 million Ponzi scheme
Kansas City Chiefs star Travis Kelce was a victim in a multimillion-dollar Ponzi scheme. Siddharth Jawahar was sentenced to eleven years for defrauding investors of over thirty-five million dollars. Jawahar allegedly invested client funds poorly and used new money to pay earlier investors. He spent investor cash on a lavish lifestyle including private jets and luxury hotels. Kelce's exact financial loss in this scheme has not been disclosed.
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