Sports Breaking News

Travis Kelce Named as Victim in 35 Million Dollar Ponzi Scheme

Kansas City Chiefs tight end Travis Kelce has been named as a victim in a massive federal Ponzi scheme case. The mastermind behind the fraud, Siddharth Jawahar, was sentenced to eleven years in prison by a federal judge in St.

Louis. Jawahar was also ordered to pay over thirty-one million dollars in restitution to his victims.

Court documents from the Eastern District of Missouri officially included the NFL star on the list of affected individuals. The exact financial loss suffered by Kelce has not been publicly disclosed by the authorities.

There are no allegations of wrongdoing or illegal participation against the tight end himself. This legal resolution brings an end to a major investigation into the multi-million dollar fraudulent investment scheme.

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