Taylor Swift Celebrates Travis Kelce's Touchdown, Amidst News of Ponzi Scheme Victim Status
The pop superstar pointed to her ring while cheering on her husband, as reports confirmed he was a victim in a $35 million Ponzi scheme.
Taylor Swift was in attendance at Arrowhead Stadium on Sunday, celebrating Kansas City Chiefs tight end Travis Kelce's touchdown against the Indianapolis Colts. Cameras captured Swift, seated in a luxury suite with her parents and mother-in-law Donna Kelce, pointing to her ring after Kelce scored.
Swift had previously skipped the Emmy Awards to attend the Chiefs' season opener and was present again for Sunday's game. Earlier in the week, Swift and Kelce had celebrated quarterback Patrick Mahomes' 31st birthday at a steakhouse they co-own. Kelce arrived at the stadium in a Louis Vuitton jacket.
Separately, it was reported this week that Kelce was among the victims of a Ponzi scheme that defrauded investors of over $35 million. Siddharth Jawahar, the operator of Swiftarc Capital LLC, has been sentenced to 11 years in prison for the scheme. Federal prosecutors stated that Jawahar funneled client money into a single investment, Philip Morris Pakistan, and allegedly lied to investors about their returns, using new investor funds to pay earlier clients.
The court heard that Jawahar reportedly used some of Kelce's funds for personal expenses, including private jets and luxury hotels. While the exact amount Kelce lost has not been disclosed, prosecutors have confirmed he is a victim and is not accused of any wrongdoing.