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The Independent UK

World

Via AP news wire

Investment firm leader gets 11 years for Ponzi scheme that bilked dozens, including Travis Kelce

Travis Kelce Siddharth Jawahar Texas Football Prison

Broncos Chiefs Football - (Copyright 2026 The Associated Press. All rights reserved)

The creator of a Texas-based investment company has been sentenced to 11 years in federal prison for his role in a Ponzi scheme that prosecutors say bilked 64 victims, including Kansas City Chiefs tight end Travis Kelce.

U.S. District Judge Zachary Bluestone sentenced Siddharth Jawahar, 38, on Tuesday and ordered him to pay $31.35 million in restitution to victims. Jawahar's attorney did not immediately respond to a voicemail requesting comment.

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