Taylor Swift’s Husband Travis Kelce Falls Victim To Illegal Immigrant Crime

An illegal immigrant carried out a Ponzi scheme that defrauded Taylor Swift’s husband and Kansas City Chiefs tight end Travis Kelce, among other wealthy figures, to the tune of $35 million, according to multiple reports.

U.S. District Judge Zachary M. Bluestone sentenced Siddharth Jawahar, 38, to 11 years behind bars and ordered him to pay $31.35 million in restitution to the victims, the Justice Department said in a Tuesday statement.

Kelce was named as a victim in the case during a recent court hearing, according to KMOV. A 2021 Forbes article also identified Kelce as an investor in Swiftarc Ventures.

Jawahar ran Swiftarc Capital LLC, a Texas-based investment firm, which he used to funnel his clients’ funds into a single investment, Philip Morris Pakistan (PMP), in 2015, according to the Justice Department. He eventually placed 99% of his clients’ funds into PMP.

Jawahar did not notify investors when PMP’s value plunged and falsely claimed they were making a profit, according to the Justice Department. He also led investors to believe he’d invested their money into specific companies, but never actually did.

Between July 2016 and December 2023, Jawahar received more than $35 million from Swiftarc investors, but only roughly $10 million of those funds were invested, according to the Justice Department.

He used new investors’ money to repay the older investors and fund his personal travel on private jets, luxury hotel stays, a luxury apartment in Austin and New York City, memberships at multiple private clubs across the country, clothing shopping sprees and expensive meals at fancy restaurants.

Following his indictment, Jawahar tried coaching one of his victims into giving a “favorable” statement to federal investigators, the Justice Department said. He also lied about his status as an illegal immigrant and his finances, and tried to have his sister wipe his phone of evidence.

Jawahar pleaded guilty in January to three counts of wire fraud.

The illegal immigrant also managed more than a dozen other investment firms, according to the Justice Department.