Credited from: ALJAZEERA
Floyd Mayweather is currently embroiled in legal trouble as he faces felony charges for allegedly using a cashier's check that bounced to purchase a luxury Audemars Piguet watch worth approximately $200,000. The complaint stems from a December 25, 2024, transaction at the Las Vegas luxury resale store Gold and Beyond, in which prosecutors claim Mayweather knowingly used insufficient funds to make the purchase, leading to charges of theft and intent to defraud, according to IndiaTimes and Al Jazeera.
The allegations detail that Mayweather issued a check via Wells Fargo that he was aware would not be honored upon presentation. If found guilty, the theft charge carries a potential prison sentence ranging from one to 20 years, while the fraud-related charge could carry an additional one to four years, according to LA Times and IndiaTimes.
Reportedly, the attorney for Gold and Beyond disclosed that the store's owner had initially attempted to settle the matter privately, trusting Mayweather would eventually pay for the watch, which remained in his possession for over a year. However, after multiple months without payment or communication, the store resorted to legal action, as stated by IndiaTimes and LA Times.
Amid this legal battle, Mayweather faces several other financial issues, including disputes over unpaid taxes reportedly amounting to $7.3 million. He has ongoing lawsuits against various business associates and media companies for alleged fraud and misappropriation of funds. His legal woes have drawn attention to the contradictions in his financial status as one of the wealthiest boxers, with career earnings surpassing $1 billion, according to Al Jazeera and IndiaTimes.
Despite these challenges, Mayweather plans to continue with his scheduled events, including an exhibition match against kickboxer Mike Zambidis on June 27 in Athens, Greece, while a rematch with Manny Pacquiao is also on the horizon for September, as mentioned by LA Times and Al Jazeera.