Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
How a $35M Ponzi Scheme Caught NFL Star Travis Kelce Off Guard
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe17 SEP 2026 / FINANCE
Travis Kelce, of the Kansas City Chiefs, and 63 other investors have reportedly been defrauded by investment scheme carried out by Siddharth Jawahar through Swiftarc Capital LLC. Jawahar has been sentenced to 11 years in prison and ordered to pay $31.35 million in restitution for misleading his clients about their investment value, primarily invested in Philip Morris Pakistan, and using new investors' money to repay older investors and fund a lavish lifestyle.
Investment fraud is hardly a once-in-a-blue-moon trouble in the United States. Even wealth and access offer no automatic defense. Kansas City Chiefs tight end Travis Kelce, who married Taylor Swift in July, was among 64 investors reportedly victimized by...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
You’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
-1787744137.webp)
