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Pro athletes Ponzi scheme fraud case 2026

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FIRST ENTRY SEP 16
SEP 17 · Day 2

Travis Kelce among pro athletes defrauded by Ponzi scheme

Jawahar allocated roughly 99% of client capital into a single stock, Philip Morris Pakistan.

U.S. District Judge Zachary M. Bluestone sentenced Jawahar to 11 years in federal prison and ordered him to pay $31.35 million in restitution.

A 2021 Forbes report linked Swiftarc funds to several NBA players, including Gary Harris, Tim Hardaway Jr. and Mason Plumlee.

SEP 16 · Day 1

Chiefs star Travis Kelce named among victims of $35m Ponzi scheme

Kelce signed a one-year extension to return for his 14th campaign with the Chiefs.

Kansas City beat the Denver Broncos in their season opener on Monday.

Kelce married Taylor Swift in July.

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