Travis Kelce among victims of India-born man’s $35 million Ponzi scheme; gets 11 years in US jail
After an intense legal battle, Siddharth Jawahar, founder of Swiftarc Capital, has been sentenced to an eleven-year prison term for running a Ponzi scheme that swindled sixty-four investors, among them NFL star Travis Kelce. Jawahar diverted new investor funds to maintain a luxurious lifestyle, while accusations arose of evidence tampering and misinformation about his immigration status.
