Travis Kelce Named as Victim in $35 Million Ponzi Scheme—Where Fraudster Splashed Out on Luxe Apartments and Hotel Stays

Travis Kelce has been identified as a victim of a sprawling $35 million Ponzi scheme that saw the man behind the fraud use investor funds to help finance a lavish lifestyle that included luxury apartments, private jet travel, and high-end hotel stays.The Kansas City Chiefs tight end, 36, was named by prosecutors during the sentencing of Siddharth Jawahar, the founder of Texas-based investment company Swiftarc Capital LLC, according to First Alert 4.Jawahar, 38, was sentenced to 11 years in federal prison on Sept. 15 after pleading guilty in January to three counts of wire fraud.U.S. District Judge Zachary M. Bluestone also ordered Jawahar to pay $31.35 million in restitution to his victims.While Kelce was identified in court as one of the people affected by the scheme, prosecutors did not reveal how much money the NFL star invested or how much he may have lost.Loading...Travis Kelce has been identified as a victim of a sprawling $35 million Ponzi scheme that saw the man behind the fraud use investor funds to help finance a lavish lifestyle that included luxury apartments, private jet travel, and high-end hotel stays.Jason Howard/Bauer-Griffin/GC ImagesFirst Alert 4 reported that pr...