Chiefs Tight End Kelce Is Named Victim in $35 Million Ponzi Scheme
TL;DR Summary
Kansas City Chiefs tight end Travis Kelce was named as a victim in a Ponzi scheme run by Siddharth Jawahar’s Swiftarc Capital, which defrauded investors of more than $35 million; Jawahar was sentenced to 11 years in prison and ordered to pay about $31.35 million in restitution. Kelce’s exact investment details were not disclosed, and the piece notes that other athletes, including Gary Harris and Tim Hardaway Jr., were connected to similar investments.
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- Investment adviser who defrauded NFL's Travis Kelce sentenced to 11 years in prison ABC News - Breaking News, Latest News and Videos
- Travis Kelce Named as Victim in Multi-Million-Dollar Fraud Scheme by Prosecutors People.com
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