Episode Details

Travis Kelce got caught in a $35M Ponzi scheme run by investment manager Siddharth Jawahar, who’s now serving 11 years for wire fraud—using new investor money to pay old ones and stuffing nearly all funds into one volatile stock while jetting around the world with luxury buys. Other pro athletes, including NBA stars, were also victims; Kelce’s exact loss is unknown but significant. A brutal reminder: even the rich need to watch where they invest.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Sources:
https://foxwilmington.com/travis-kelce-among-pro-athletes-defrauded-by-ponzi-scheme-that-funneled-funds-into-one-stock/

More coverage & latest updates:
https://sources.thednn.ai/69a837358edb2801

Report issues to feedback@thednn.ai.