Floyd Mayweather finds himself deep into a lawsuit, as fraud and theft claims have been raised against his name. The American boxer and rapper Tyga are now part of a suit by Leonard Sulaymanov, a Miami Jeweler, who has alleged the non-payment of multiple jewelry items, dating back to late June 2021.
Sulaymanov, who owns Lenzo & Co, filed the suit in Miami federal court on August 23 under the Racketeer Influenced and Corrupt Organization (RICO) Act, where the counts include fraud, civil conspiracy, breach of contract, civil theft, and other charges. The businessman claimed that he had sold ‘The Best Ever’ an Audemars Piguet watch, two Richard Mille watches, a Patek Philippe watch, and a rose-gold Rolex Presidential Day-Date. In addition, the bill also included a diamond ring and a necklace.
But Sulaymanov hasn’t received the fair and full payment for the transaction yet. Tyga, real name—Micheal Ray Nguyen-Stevenson, also has failed to complete his transaction for failing to pay for a Rolex. The lawsuit, as per the Miami New Times, states how Mayweather, 47, and his company, The Money Team, employed “predatory, unfair, improper, fraudulent, and unscrupulous practices,” to “steal” and convert the plaintiff Sulaymanov’s jewelry to “their own” without paying the full price.
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The claims by the jeweler go on to point out that he had only received $267,000 in two down payments from the former world champion before he left the city. There were subsequent purchases, too. But even after multiple attempts and talks with their agents, Sulaymanov didn’t receive the full payment. The total unpaid sum on Mayweather’s bill stands at $3,883,657.00, almost $4 million.
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This is not the first time in recent months that the legendary boxer has been part of a lawsuit reaching millions in compensation.
Floyd Mayweather demanded to pay $3M after alleged assault by security
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Floyd Mayweather sued for $4 million—Is his lavish lifestyle finally catching up with him?
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A suit filed by Eduardo Martinez this January stated that the boxer’s security assaulted him two years back at an LA Yard House. The plaintiff claimed that he was trying to film Mayweather when he spotted him and when Mayweather noticed him, he asked his security to stop Martinez. His security then had a tussle with Martinez, resulting in a physical assault and attempts to snatch his phone.
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Despite the ruckus, Yard House failed to intervene. The complainant is now asking for $3 million in damages for the great mental distress, physical injuries, and mental distress, along with the anguish and humiliation he has had to suffer.
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Floyd Mayweather sued for $4 million—Is his lavish lifestyle finally catching up with him?