Yahoo Finance(@YahooFinance):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:

2026.09.16 22:00

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: