The Aporia
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Travis Kelce, the Kansas City Chiefs tight end, was named as one of dozens of victims in a $35 million Ponzi scheme run by Siddharth Jawahar from his Texas-based investment firm Swiftarc Capital LLC. Jawahar received an 11-year prison sentence and was ordered to pay $31.35 million in restitution after pleading guilty to three counts of wire fraud. The scheme operated between July 2016 and December 2023, with Jawahar taking over $35 million from investors but only investing about $10 million. He used the remaining funds for an extravagant lifestyle including private jets and luxury apartments in New York and Austin. Though details of Kelce's investment were not disclosed, a 2021 Forbes article mentioned his involvement in Swiftarc Ventures Labs Fund.