Travis Kelce Named Victim in Large Ponzi Scheme Raking in Millions: Report
Travis Kelce was identified in federal court as one of at least 64 victims of a multi-million-dollar fraud scheme.
Kansas City Chiefs tight end Travis Kelce was listed as one of at least 64 victims of a large fraud scheme in a recent federal court proceeding. Kelce, who recently married singer Taylor Swift, was briefly mentioned in the sentencing of Siddarth Jawahar, who pleaded guilty to three counts of wire fraud. The indictment alleges that Jawahar used money from new investors to pay earlier investors, a classic Ponzi scheme.
Prosecutors did not disclose how much money Kelce may have lost or how he became involved in the case. Kelce's name was read out during the sentencing but his legal involvement in the scheme is not detailed. Swift and Kelce have an estimated combined net worth of about $2.08 billion, with Swift contributing significantly more than Kelce.
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