# Investment adviser sentenced for defrauding Travis Kelce

> Texas-based adviser ran a Ponzi scheme that took millions from NFL star and other investors.
- Title: Investment adviser sentenced for defrauding Travis Kelce
- Summary: Texas-based adviser ran a Ponzi scheme that took millions from NFL star and other investors. Siddharth Jawahar, who ran a fake investment company, was…
- Keywords: siddharth jawahar, travis kelce, kansas city chiefs, ponzi scheme, investment fraud, swiftarc capital, wire fraud, sentencing, restitution, nfl, news, local
- Source: ABC7 New York — https://abc7ny.com/story/investment-adviser-defrauded-nfls-travis-kelce-sentenced-11-years-prison/19843205
- Published: 2026-09-17T14:30:59+00:00
- Read time: 1 min
- Topics: siddharth jawahar, travis kelce, kansas city chiefs, ponzi scheme, investment fraud, swiftarc capital, wire fraud, sentencing, restitution, nfl, news, local
## Investment adviser sentenced for fraud
Siddharth Jawahar, a Texas-based investment adviser, was sentenced to 11 years in prison for running a Ponzi scheme that defrauded Kansas City Chiefs star Travis Kelce and other investors out of millions.
## Massive restitution ordered
Jawahar was ordered to pay $31.35 million in victim restitution. He pleaded guilty in January to three counts of wire fraud.
## How the scheme worked
Jawahar's company, Swiftarc Capital, took in over $35 million from investors but invested only about $10 million. He concentrated 99% of client funds into a single failing investment, Philip Morris Pakistan, while falsely claiming profits.
## Luxury lifestyle funded by fraud
Jawahar used stolen investor money for private jets, luxury hotels, apartments in Austin and New York City, private club memberships, designer shopping, and expensive restaurants.
## Judge cited enormous losses
Judge Zachary Bluestone said Jawahar 'weaponized' investors' trust and cited the enormous losses and lengthy duration of the fraud. His failure to repay victims was a major factor in the sentence.

> weaponized investors' trust
## Obstruction attempts after arrest
After indictment, Jawahar tried to coach a victim to give favorable statements to the FBI, lied about his immigration status and finances, and attempted to have his sister wipe his iPhone to destroy evidence.
## Background on the defendant
Jawahar, 38, is from India and has been in the U.S. illegally since 2005, according to prosecutors. His attorney claims he is taking ownership of his mistakes and working to help other inmates.
## Key takeaway

Siddharth Jawahar, who ran a fake investment company, was sentenced to 11 years in prison and ordered to repay $31.35 million to victims including Kansas City Chiefs star Travis Kelce.