Travis Kelce, NFL player and husband of singer Taylor Swift, was among 64 victims in a $35 million Ponzi scheme by Siddharth Jawahar, an Indian-origin businessman living illegally in the US. Jawahar ran Swiftarc Capital, misleading investors by funneling money into a failing overseas investment and repaying old investors with new funds. Convicted of wire fraud, Jawahar was sentenced to 11 years and ordered to pay $31.35 million restitution. Kelce's loss amount is undisclosed; he is solely a victim. #TravisKelce# #TaylorSwift# #PonziScheme# #SiddharthJawahar#

Kelce was named a victim in federal court this week after the man running his investment, Siddharth Jawahar, was sentenced to 11 years in prison. Prosecutors say Jawahar raised more than $35 million from clients and sank nearly all of it into one risky stock bet. When that bet failed, he lied to investors about their returns and used cash from new clients to keep paying off the earlier ones — the classic Ponzi scheme playbook. He now owes more than $31 million in restitution. Kelce's exact losses haven't been made public, and prosecutors were clear he did nothing wrong — he's a victim here, not a suspect. Read more here:

BREAKING: Travis Kelce has been named as a victim in a massive Ponzi scheme that pulled in more than $35 million from investors. Siddharth Jawahar, a 38-year-old illegal immigrant, pleaded guilty to three counts of wire fraud and has now been sentenced to 11 years in federal prison and ordered to pay more than $31 million in restitution. Prosecutors say Jawahar took in more than $35 million but invested only about $10 million, using new investor money to repay earlier clients and fund private jets, luxury hotels, and expensive outings. Kelce’s individual losses have not been publicly disclosed as this time, @Max_Gorden reports.

Travis Kelce might want to borrow Taylor Swift's financial advisor. Not even a Super Bowl champ is scam-proof. 🏈 😬 Kelce was named a victim in federal court this week after the man running his investment, Siddharth Jawahar, was sentenced to 11 years in prison. Prosecutors say Jawahar raised more than $35 million from clients, funneled it into a single risky stock, then lied about the returns while using fresh investor cash to keep the scheme afloat — the classic Ponzi playbook. He's now on the hook for over $31 million in restitution. Kelce hasn't disclosed how much he lost, and authorities were clear: he's a victim here, not a suspect. Read more here: