‘Multimillion-dollar Ponzi scheme’: Travis Kelce named as fraud victim

News24 host Rita Panahi reveals Travis Kelce has been named as a victim in a multimillion-dollar Ponzi scheme allegedly involving more than $35 million from investors. “Travis Kelce has been named as a victim in a multimillion-dollar Ponzi scheme,” Ms Panahi said. “Illegal immigrant Siddharth Jawahar pleaded guilty to three counts of wire fraud and was sentenced to 11 years behind bars. “Prosecutors say he collected more than $35 million from investors and used some of the new investor money to repay earlier clients and fund luxury expenses.”