Archive · 17 Sep 2026
Travis Kelce Named Victim in $35 Million Ponzi Scheme
Travis Kelce invested money with a company called Swiftarc Capital LLC.
Prosecutors said the company was involved in a Ponzi scheme.
In this kind of scheme, money from new investors is used to pay earlier investors.
The scheme took more than $35 million from investors between July 2016 and December 2023.
Kelce was named as one of 64 victims.
It is not known how much money he invested or lost.
Siddharth Jawahar ran the company and pleaded guilty to three wire fraud charges.
A judge sentenced him to 11 years in prison and ordered him to repay $31.35 million.
Kansas City Chiefs tight end Travis Kelce was named among 64 victims of the scheme.
Investors lost more than $35 million between July 2016 and December 2023, according to prosecutors.
Siddharth Jawahar pleaded guilty to three wire fraud charges and received an 11-year sentence.
Jawahar was ordered to pay $31.35 million in restitution by a Missouri federal judge.
Prosecutors said Jawahar concealed losses, used new investors’ money to repay earlier investors, and funded a lavish lifestyle.
- Who
- Siddharth Jawahar was sentenced, and Kansas City Chiefs tight end Travis Kelce was identified as one of the victims.
- What
- A Ponzi scheme involving more than $35 million in investor funds led to Jawahar’s conviction and sentencing.
- When
- The relevant investments occurred between July 2016 and December 2023; Jawahar was sentenced on Tuesday, September 15, after pleading guilty in January.
- Where
- Jawahar’s company was based in Texas, and he was sentenced in the U.S. District Court for the Eastern District of Missouri.
- Why
- Prosecutors said Jawahar hid declining investment values, used new investors’ money to repay earlier investors, and financed an extravagant lifestyle.
- Reported investor losses
- More than $35 million
- Number of victims
- 64
- Named victim
- Travis Kelce
- Defendant
- Siddharth Jawahar
- Company
- Swiftarc Capital LLC
- Sentence
- 11 years in federal prison
- Restitution
- $31.35 million
- Kelce’s reported loss
- Not disclosed
