Chiefs star Travis Kelce is named among victims of $35m Ponzi scheme
Kansas City Chiefs tight end Travis Kelce has been identified as one of the victims of a $35 million Ponzi scheme run by Siddharth Jawahar. Jawahar was recently sentenced to 11 years in prison for wire fraud.
Why it matters
The case highlights the vulnerability of high-net-worth individuals to sophisticated financial fraud and the legal consequences for perpetrators.
Travis Kelce began his 14th season with the Kansas City Chiefs earlier this week. Travis Kelce began his 14th season with the Kansas City Chiefs earlier this week. Travis Kelce Chiefs star Travis Kelce is named among victims of $35m Ponzi scheme Siddharth Jawahar gets 11 years in prison for fraud
Prosecutors mention Kelce without further comment
Several pro athletes said to have invested in Swiftarc firm
Prefer the Guardian on Google Kansas City Chiefs tight end Travis Kelce is among the victims of a Ponzi scheme that took in more than $35m from unsuspecting investors, a Missouri prosecutor said.
The prosecutor mentioned Kelce in court Tuesday as 38-year-old Siddharth Jawahar was sentenced to 11 years in prison. The US attorney’s office of the eastern district of Missouri said Jawahar pleaded guilty to three counts of wire fraud in US district court in St Louis in January.
Also covering this story
One other newsroom covered this event. We read that version too.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in