The government of Jamaica has turned to the FBI for help in investigating a massive fraud case involving a private investment firm where US$12.7 million belonging to renowned sprinter Usain Bolt has gone missing.

The fraud lasted 13 years and also ensnared elderly clients and government agencies.

Additionally, with the investigation just getting underway, it is unclear how much money has allegedly been stolen and how many people have been affected.

The government is also working to uncover every detail of the alleged fraud and will seek forfeiture of any assets that might have been bought with the alleged stolen funds.

They will also approve stiffer penalties for white-collar crimes.

Jamaica’s Financial Service Commission director, Nigel Clarke, has also resigned since the investigation started.

Commenting on the investigation, Clarke, said: “Despite this most unfortunate development, Jamaica’s financial sector remains strong.”

“They will unearth exactly how funds were allegedly stolen, who benefited from such theft and who organized and collaborated in this.”

Clarke also said the government will seek forfeiture of any assets that have been bought with the alleged stolen funds.

Clarke has also left the Bank of Jamaica in charge of regulating the country’s financial system.