Travis Kelce Among Victims of Multimillion-Dollar Fraud Scheme

Travis Kelce was among victims of a $31M Ponzi scheme. Court sentences fraudster to 11 years in prison.

September 17, 2026 One Min Read

POLICY WIRE — Kansas City, United States — Kansas City Chiefs tight end Travis Kelce was one of several investors defrauded by a man who received an 11-year prison sentence for orchestrating a large-scale Ponzi scheme, according to federal prosecutors.

Siddharth Jawahar, 38, was ordered to pay $31 million in restitution after pleading guilty to three counts of wire fraud in January. He operated an investment firm called Swiftarc Capital LLC based in Texas and used funds from new investors to repay earlier ones, while also indulging in a lavish lifestyle, including private jet travel and luxury accommodations.

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Jawahar, who is undocumented, was sentenced by U.S. District Judge Zachary Bluestone after his scheme defrauded investors nationwide between 2016 and 2023. The court noted that his failure to start repaying victims was a key factor in the sentencing decision. No details about how Kelce was targeted were disclosed, and representatives for the athlete did not respond to requests for comment.

Reporting by Policy-Wire (PW)

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