Money Mayweather faces felony theft charges over

Floyd Mayweather Jr.’s Christmas Day buy of an exclusive Audemars Piguet watch has landed the billionaire boxer in court going through two felony charges alleging theft and intent to defraud, according to Clark County, Nev., court data.

Mayweather wrote a test for $200,000 to Las Vegas high-end consignment store Gold and Beyond for the timepiece on Dec. 25, 2024. Prosecutors filed a legal criticism on April 27 of this 12 months and the court ordered Mayweather to seem before a choose. His lawyer did so at a preliminary listening to Monday.

The charges are theft with a worth of $100,000 or better and passing a test of $1,200 or better with intent to defraud. Mayweather did so “knowing that the check would not be paid when presented,” according to the criticism.

Mayweather, 49, might face a prison time period of one to 20 years and $15,000 in fines if discovered guilty of felony theft. The fraud charge carries a sentence of one to 4 years in prison and a $5,000 high quality plus restitution.

Audemars Piguet, which has operated in the quaint Swiss village of Le Brassus for 150 years, is taken into account a more luxurious and prestigious model than Rolex, belonging to the “Holy Trinity” of Swiss watchmaking alongside Patek Philippe and Vacheron Constantin.

Luxury watch skilled Prestige Time explains why a watch fanatic would turn into enamored by the model: “Buy an Audemars Piguet if you enjoy complications, the kind you find in a really high-end mechanical watch. We’re talking about tourbillons, perpetual calendars, moon phase, retrograde, minute repeaters, chronographs, dual time zone/GMT’s, and more mechanical features that offer more function than just to tell you the time.”

Now the person nicknamed “Money” is on the clock to resolve a high-dollar dispute that might end result in a legal conviction. Mayweather’s next court look is Sept. 17. Meanwhile, legal professionals representing both sides made their instances in court filings and to the choose.

Mayweather has had a longstanding business relationship with Gold and Beyond, his attorney Adrian Lobo told ESPN in a assertion on Tuesday evening. Lobo appeared perturbed that the store’s proprietor introduced the declare to the Clark County District Attorney instead of submitting a civil swimsuit.

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

Gold and Beyond attorney Marc Cook said his shopper exhibited persistence with Mayweather, giving him ample time to pay for the watch. The criticism was filed with the Clark County District Attorney’s workplace 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 said in a assertion to ESPN. “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.”

Given Mayweather’s reported wealth, bouncing a test might sound perplexing. He is taken into account the richest boxer of all time, with roughly $1.1 billion in profession earnings and an estimated web value of $400 million.

He owns three of the top-five largest payouts in boxing historical past, making $275 million for an exhibition with UFC fighter Conor McGregor in 2017, $250 million for the “Fight of the Century” against Manny Pacquiao in 2025, and a then-record $80 million payout for a bout with Canelo Alvarez in 2013.

Mayweather, whose profession report is 50-0, reportedly has elevated his web value since last preventing 9 years in the past. He represents some of the world’s top boxers through Mayweather Promotions and owns roughly 75 gyms around the nation along with real estate holdings.

However, Mayweather is reportedly beset by financial woes as effectively. He filed a $340 million lawsuit against former broadcast associate Showtime, alleging the tv community hid and diverted his earnings. Also pending is a $175 million lawsuit against former associates, claiming they defrauded him and misappropriated his funds, jewellery, and personal jet.

Mayweather is scheduled to face kickboxer Mike Zambidis in a full-contact exhibition June 27 in Athens, Greece, and a rematch with Pacquiao is set for September in Las Vegas. However, an exhibition against Mike Tyson scheduled for last April was canceled because Mayweather was notified by the IRS that it supposed to revoke his passport over a delinquent tax debt of $7.3 million, according to Ring Magazine.