Travis Kelce Ponzi Scheme Victim

What happened

The outlets' own sentences, most widely reported first. Hover or tap one to see who reported it.

Analysis

How it changed

1. 16 Sep

   Kansas City Chiefs tight end Travis Kelce is among the victims of a Ponzi scheme that took in more than $35m from unsuspecting investors, a Missouri prosecutor said.

   5 outlets · The Guardian
2. 17 Sep

   The creator of a Texas-based investment company has been sentenced to 11 years in federal prison for his role in a Ponzi scheme that prosecutors say bilked 64 victims, including Kansas City Chiefs tight end Travis Kelce.

   2 outlets · The Independent

Coverage 9 articles

• 17 Sep Fraud mastermind behind multimillion-dollar Ponzi scheme that victimized Travis Kelce is illegal immigrantSiddharth Jawahar, a 38-year-old illegal immigrant from India living in the United States since 2005, was sentenced to 11 years in prison for running a $35 million Ponzi scheme that victimized numerous individuals, including NFL star Travis Kelce and several NBA players. Jawahar spent most of the investors' money on personal luxuries rather than legitimate investments. He faces additional legal issues related to…Fox News
• 17 Sep Investment firm leader gets 11 years for Ponzi scheme that bilked dozens, including Travis KelceSiddharth Jawahar, aged 38 and the creator of a Texas-based investment firm, was sentenced to 11 years in federal prison for operating a Ponzi scheme that defrauded 64 victims, including NFL player Travis Kelce. The court ordered Jawahar to pay $31.35 million in restitution to the victims.Toronto Star
• 17 Sep Travis Kelce was among the victims of a man’s multimillion-dollar Ponzi schemeSiddharth Jawahar, 38, received an 11-year prison sentence and was ordered to pay $31 million in restitution for running a multimillion-dollar Ponzi scheme from 2016 to 2023. The fraud affected numerous investors across the country, including Kansas City Chiefs tight end Travis Kelce. Jawahar admitted to wire fraud charges and used funds from new investors to repay older ones while indulging in an extravagant…NBC News
• 17 Sep Travis Kelce among pro athletes defrauded by Ponzi scheme that funneled funds into one stockTravis Kelce, a 36-year-old tight end for the Kansas City Chiefs, was identified as one of several victims in a $35 million Ponzi scheme run by Siddharth Jawahar. During sentencing hearings, prosecutors revealed that Jawahar's Swiftarc Capital LLC invested nearly all client funds into Philip Morris Pakistan stock and used new investors' money to pay earlier clients. Jawahar spent the rest on luxury items while…Fox News
• 17 Sep Travis Kelce named as victim in alleged multi-million dollar Ponzi scheme
  NBC News
• 17 Sep Investment firm leader gets 11 years for Ponzi scheme that bilked dozens, including Travis KelceSiddharth Jawahar, 38, founder of Swiftarc Capital LLC, received an 11-year federal prison sentence for operating a Ponzi scheme from July 2016 to December 2023 that defrauded 64 victims and took in over $35 million. The court ordered him to pay $31.35 million in restitution. Among the victims was Kansas City Chiefs tight end Travis Kelce, who reportedly lost money through his investment in Swiftarc Capital. Jawahar…The Independent
• 16 Sep Travis Kelce named as victim in multi-million-dollar Ponzi scheme caseTravis Kelce, tight end for the Kansas City Chiefs, was named as one of the victims in a Ponzi scheme case involving over $35 million in fraud. Siddharth Jawahar, who managed Swiftarc Capital LLC, received an 11-year prison sentence and was ordered to pay $31.35 million in restitution after pleading guilty to wire fraud charges in January. The scheme operated from 2015 to December 2023, with Jawahar misusing client…The Independent
• 16 Sep Chiefs star Travis Kelce is named among victims of $35m Ponzi schemeTravis Kelce, tight end for the Kansas City Chiefs, is among the victims of a $35 million Ponzi scheme run by Siddharth Jawahar, who was sentenced to 11 years in prison and ordered to pay $31.35 million in restitution. Jawahar used investor funds from his company Swiftarc Capital LLC for personal expenses while claiming high returns that never materialized. Other professional athletes like NBA players Gary Harris…The Guardian
• 16 Sep Travis Kelce named victim in massive $35M Ponzi scheme as fraudster gets 11 years in prisonSiddharth Jawahar, 38, was sentenced to 11 years in prison after being found guilty of running a $35 million Ponzi scheme that defrauded numerous investors, including NFL player Travis Kelce. Jawahar co-founded Swiftarc Capital LLC and falsely claimed high returns from investments for clients like Kelce between 2016 and 2023. The fraudster was ordered to pay $31.35 million in restitution and had used client funds to…New York Post

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