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Travis Kelce named in $35M Ponzi scheme

A federal courtroom named Siddharth Jawahar as the architect of a $35 million Ponzi scheme, and among the people he wronged was Travis Kelce. The Chiefs tight end wasn't the only victim, per the court record, but he's the name that jumps out. Jawahar pleaded guilty to wire fraud in January and got 11 years behind bars this week. What did he do with the money? Prosecutors say client funds went almost entirely into a Pakistani tobacco stock, and when that bet went south, nobody heard a word from him. How much Kelce personally lost hasn't been made public. New York Post / Writer: Bri

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Jolyon@jolyon

Seguir

Travis Kelce named in $35M Ponzi scheme

A federal courtroom named Siddharth Jawahar as the architect of a $35 million Ponzi scheme, and among the people he wronged was Travis Kelce. The Chiefs tight end wasn't the only victim, per the court record, but he's the name that jumps out. Jawahar pleaded guilty to wire fraud in January and got 11 years behind bars this week. What did he do with the money? Prosecutors say client funds went almost entirely into a Pakistani tobacco stock, and when that bet went south, nobody heard a word from him. How much Kelce personally lost hasn't been made public. New York Post / Writer: Bri

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