Kansas City Chiefs tight end Travis Kelce has been identified as a victim in a Ponzi scheme that defrauded investors of over $35 million, according to a Missouri prosecutor.

In a court session on Tuesday, the prosecutor revealed Kelce's name while sentencing Siddharth Jawahar, 38, to 11 years in prison. Jawahar, who pleaded guilty to three counts of wire fraud in January, was also ordered to pay $31.35 million in restitution.

Details surrounding Kelce’s investment remain unclear, including when he invested or the amount. However, the case highlights a troubling trend in which athletes become entangled in fraudulent schemes.

Key points of the case include:

• Jawahar operated Swiftarc Capital LLC, a Texas-based investment firm that began soliciting funds in 2015.
• He mismanaged investments, funneling money into a single venture that lost value while misleading investors about their returns.
• The funds were used to sustain an extravagant lifestyle featuring private jets, luxury accommodations, and exclusive club memberships.
• From July 2016 through December 2023, Jawahar took in more than $35 million but only invested about $10 million.

Kelce is not alone, as other athletes such as Gary Harris, Tim Hardaway Jr., and Mason Plumlee have also been linked to Jawahar's investment schemes. All these athletes reportedly have career earnings exceeding $111 million each.

In a notable personal context, Kelce recently married Taylor Swift, whose net worth was estimated at $2.1 billion on their wedding day.