Floyd Mayweather hit with felony charges over alleged $200k luxury watch scam

Multimillionaire Floyd Mayweather has been accused of felony theft after buying a luxury watch with a bad check.

According to a complaint filed by prosecutors in Nevada, Mayweather wrote a $200,000 Wells Fargo check to Vegas retailer Gold and Beyond on Dec. 31, 2024, for an Audemars Piguet watch, as reported by ESPN.

There was just one problem. He “had insufficient money, property, or credit” in his account for the watch, the complaint reads.

The complaint accuses Mayweather of having written the check “in exchange for obtaining property or services” while “knowing that the check would not be paid when presented.”

The complaint further alleges that the boxing superstar did this “knowingly, feloniously, and without lawful authority.”

If convicted, Mayweather could face up to four years in prison and up to a $5,000 fine as per Nevada law.

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Marc Cook of Cook & Kelesis, which is representing Gold and Beyond, told ESPN that the case was reported to the Clark County District Attorney’s office in February.

“The reason for the delay is that my guy trusted Mayweather and was trying to give him every opportunity to make good on that,” Cook revealed. “And it got to the point where he wasn’t getting responses and wasn’t getting money for a watch that Mayweather had for well over a year.”

Cook added that his client really didn’t want to press charges against Mayweather and had attempted to get his money by every other means but “got ignored.”

Meanwhile, Mayweather’s attorney, Adrian Lobo, told ESPN that her client “had absolutely no intent to defraud” Gold and Beyond. Lobo also complained about the case being in criminal court instead of civil court.

“This matter does not belong in the criminal courts,” she said. “And Mr. Mayweather looks forward to being vindicated through the court proceedings.”

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Critics on social media were baffled as to why Floyd did what he did, given that he’s worth at least $50 million — though critics argue he could be worth so much more if he’d just invest his money instead of constantly wasting it on luxury items.

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Sadly,  this is one of a number of legal complications that Mayweather faces.

“Plaintiffs in separate civil cases in at least four states allege Mayweather owes them money,” according to ESPN. “The [IRS] has a tax lien of more than $7.2 million levied against Mayweather for unpaid taxes in 2018 and 2023. A Las Vegas-area gated community filed a separate lien of over $22,500.”

Despite being worth a fortune, he seems to have the financial discipline of a broke man.

However, ESPN notes that Mayweather is also the plaintiff in a few suits, including a $340 billion one against Showtime and a $175 million one agains this former business partners. He’s alleged fraud and “aiding and abetting breach of fiduciary duty” in both cases.

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As for Mayweather’s career, he’s expected to fight kickboxer Mike Zambidis in Greece later this month.

Vivek Saxena

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