The Aporia · Travis Kelce named victim in massive $35M Ponzi scheme as fraudster gets 11 years in prison

Travis Kelce named victim in massive $35M Ponzi scheme as fraudster gets 11 years in prison

Read the original at New York Post ↗

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APA MLA Chicago

Todisco, E. (2026, September 16). Travis Kelce named victim in massive $35M Ponzi scheme as fraudster gets 11 years in prison. New York Post. https://pagesix.com/2026/09/16/celebrity-news/travis-kelce-named-victim-in-massive-35m-ponzi-scheme/

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Quick Summary

Siddharth Jawahar, 38, was sentenced to 11 years in prison after being found guilty of running a $35 million Ponzi scheme that defrauded numerous investors, including NFL player Travis Kelce. Jawahar co-founded Swiftarc Capital LLC and falsely claimed high returns from investments for clients like Kelce between 2016 and 2023. The fraudster was ordered to pay $31.35 million in restitution and had used client funds to maintain an extravagant lifestyle.

Written by AI on 2026-09-16, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

Siddharth Jawahar, the founder of Swiftarc Capital LLC in Texas, was sentenced to 11 years in prison for running a $35 million Ponzi scheme that defrauded around 64 victims from July 2016 through December 2023. Prosecutors mentioned Travis Kelce, a tight end for the Kansas City Chiefs, as one of the scheme's victims during Jawahar’s sentencing in St. Louis federal court on Tuesday. Jawahar admitted to taking over $35 million from investors but only investing about $10 million and using the rest for personal luxuries like private jets and luxury apartments. He was ordered to pay $31.35 million in restitution, though specifics of Kelce’s involvement remain undisclosed.

Written for “Travis Kelce Ponzi Scheme Victim” on 2026-10-30, grounded in this article and the 8 other(s) covering the same event.

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Claims extracted

sentences that state something as happening or true

Uncertain

53%

8 of 15 hedged ("reportedly", "may", "according to")

Leaning

not political

takes no side on a contested political question

Publisher signals

66/100

New York Post's corrections and hedging, across everything collected from it. Not a measure of accuracy.

Outlets on this story

Crime & Law

Same framing elsewhere

articles that frame the event the way this one does

Who wrote this

Eric Todisco

80 article(s) here · 0 carrying a prediction

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🔮 And I just put ‘maybe,'” Lete recalled.

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🔮 Maybe after the run Jason’s in the hospital, he blew his knee out or something.'

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🔮 And you can say how it’s just this kind of freak luck that this is how you ended up getting to know that person in a way that would allow you to reveal yourself and for her to reveal herself.”

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Also by Eric Todisco

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2026-10-30 · New York Post

Holland Taylor name-drops the 9-time Emmy-winning show that ‘never’ paid her ‘well’

2026-10-26 · New York Post

‘The Challenge’ star Alexis Lete shares truth on Johnny Bananas showmance and where they stand now

2026-10-24 · New York Post

‘The Gentlemen’ Season 3 casts major Hollywood actors — as 1 star shockingly exits — after Meghan Markle drama

2026-10-23 · New York Post

Nothing else under this byline is closely related to this article, so these are simply their most recent.

All 80 articles by Eric Todisco →

Claims (15 extracted, 8 hedged)

Travis Kelce was reportedly named as a victim in a $35 million Ponzi scheme in a Missouri court on Tuesday. uncertain

Kelce → name → Tuesday

Prosecutors mentioned the NFL star’s name as one of the people duped by the mastermind of the scheme, Siddharth Jawahar, according to outlets KMOV and WENG. uncertain

Prosecutors → mention → KMOV

Jawahar, 38, was sentenced to 11 years in prison, according to a press release from the US Attorney’s Office, Eastern District of Missouri. uncertain

Jawahar → sentence → Missouri

He pleaded guilty to three counts of wire fraud in January and was ordered to pay $31.35 million in restitution to his victims, the release said. asserted

release → plead → victims

Kelce, 36, was an investor in Swiftarc Venture Labs Fund, created by the investment company Swiftarc Capital LLC, which Jawahar co-founded, according to a 2021 Forbes article. uncertain

Jawahar → create → article

He has not spoken out about the case. asserted

He → speak → case

Page Six has reached out to Kelce’s rep for comment. asserted

Six → reach → comment

In 2015, Jawahar began investing client funds in a single investment, Philip Morris Pakistan, for Swiftarc Capital LLC, which was based in Texas, per the release. asserted

which → begin → release

But when PMP’s value began to decline, Jawahar allegedly lied to investors, falsely claimed that they were making profits. uncertain

they → begin → profits

From about July 2016 through December 2023, Jawahar took in more than $35 million from Swiftarc investors, but he invested only about $10 million, the release said. asserted

release → take → million

The businessman allegedly used the money from investors to pay back older investors and fund his “extravagant lifestyle,” which included “travel on private jets, stays at luxury hotels, a luxury apartment in Austin and New York City, memberships at multiple private clubs across the country, spending sprees at clothing stores and expensive outings at fancy restaurants. uncertain

which → use → restaurants

After he was indicted, Jawahar tried to “coach a victim into giving a favorable statement to the FBI,” according to the release. uncertain

Jawahar → indict → release

He also allegedly lied about his immigration status and finances and tryied to get his sister to remotely wipe his iPhone to hide evidence. uncertain

sister → lie → evidence

Your voice matters. asserted

voice → matter → ?

Discussions are moderated for civility. asserted

Discussions → moderate → civility

Travis Kelce named victim in massive $35M Ponzi scheme as fraudster gets 11 years in prison

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Claims (15 extracted, 8 hedged)