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Yahoo Finance
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Joined January 2009
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Travis Kelce might want to borrow Taylor Swift's financial advisor. Not even a Super Bowl champ is scam-proof. ๐Ÿˆ ๐Ÿ˜ฌ 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 โ€” 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:
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