Travis Kelce is used to making headlines in the regular season, but Week 2 saw him in the spotlight for a reason that had nothing to do with football. Earlier this week, Kelce was named as one of the many victims in a $35 million fraud when the perpetrator, a 38-year-old investment manager, was sentenced on Tuesday. 

The headlines were enough to gain the attention of the White House social media account, which later made a post on X. 

“This is why we do what we do. Seems like a good time to re-up the work of the White House Task Force to Eliminate Fraud: identifying fraud & protecting Americans. Oh, and it looks like the next draft pick to join the Task Force is @tkelce,” the White House wrote on X on Thursday.

The task force was established by President Donald Trump earlier this year when he signed Executive Order 14395 on March 16, 2026, with its primary purpose being “to develop a coordinated national strategy for eliminating fraud, waste, and abuse in federal benefits programs.” 

That’s why when Fox News posted a clip around the incident, the White House social media account responded. 

The incident gained a lot of attention when Kelce was named as a victim of Siddharth Jawahar, a 38-year-old investment manager who operated Texas-based Swiftarc Capital LLC. 

Jawahar pleaded guilty in January to three counts of wire fraud and was sentenced on Tuesday. Judge Zachary Bluestone also ordered him to pay $31.35 million in restitution, according to the U.S. Attorney’s Office for the Eastern District of Missouri.

While Kelce’s name has now been publicly connected to the case, there is still no confirmed figure for how much money he lost, the amount of his investment, or how much of his money was ultimately recovered. 

The broader case involved 64 victims. Jawahar took in more than $35 million from investors between July 2016 and December 2023 but invested only about $10 million.

Prosecutors said Jawahar used money from newer investors to repay older investors while also funding an extravagant lifestyle. That included private jet travel, luxury hotels, expensive outings, luxury apartments, and memberships at private clubs.

The scheme also centered on a single investment. According to the U.S. Attorney’s Office, Jawahar began putting client funds into Philip Morris Pakistan in 2015, eventually concentrating 99% of client money there. When the investment declined, prosecutors said he failed to tell investors and instead falsely claimed they were making profits.

Jawahar’s conduct after his indictment added another layer to the case. Prosecutors said he tried to coach a victim into giving a favorable statement to the FBI, lied about his immigration status and finances, and attempted to have his sister remotely wipe his iPhone to hide evidence.

An attorney for Jawahar previously described him as a “very good man” who “made some very serious mistakes and is taking ownership of all of it.”

Jawahar also attempted to use political consultant Axiom Strategies CEO Jeff Roe to “assist with the development and coordination of approximately one to two advocacy or support letters for consideration in connection with Client’s forthcoming sentencing.”

However, phone calls from the jail between Roe and Jawahar became their undoing, later being brought up in court. During an August 31 phone call, Jawahar asked Roe if the letter would come from a state senator, when Roe responded that it would come from “someone good.” 

That came in the form of Rep. Sam Graves, who First Alert 4 Investigates analyzed as being connected to Axiom and Roe. He had asked the judge to consider a shorter sentence (48 months), citing educational programs Jawahar helped establish while incarcerated.

As Rep. Graves wrote, Jawahar “chose accountability, actively cooperating with authorities to streamline and maximize the financial recovery of restitution.”

The judge ultimately imposed the 11-year sentence, with the Justice Department saying Jawahar’s failure to begin repaying victims was a major factor.

For Kelce, the financial details remain unclear. He has been identified as a victim, but the amount he lost has not been made public. That leaves the full financial impact of the fraud on the Chiefs star unknown.