Floyd Mayweather Sues Over Alleged $175M Fraud Scheme

about 1 month ago

Floyd Mayweather Sues Over Alleged $175M Fraud Scheme

Mayweather has filed a lawsuit claiming former associate Rechnitz and others allegedly defrauded him of at least $175 million through jewelry deals, fake investments, unauthorized transfers and a missing private jet. The boxer alleges roughly $100 million in jewelry returned only $13 million, with assets still unaccounted for. Mayweather seeks damages, punitive damages and a full accounting.

By Adarsh Ojha

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