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Floyd Mayweather Jr.’s Christmas Day acquisition of an exclusive Audemars Piguet watch has landed nan billionaire boxer successful tribunal facing 2 felony charges alleging theft and intent to defraud, according to Clark County, Nev., tribunal records.
Mayweather wrote a cheque for $200,000 to Las Vegas high-end consignment shop Gold and Beyond for nan timepiece connected Dec. 25, 2024. Prosecutors revenge a criminal title connected April 27 of this twelvemonth and nan tribunal ordered Mayweather to look earlier a judge. His lawyer did truthful astatine a preliminary proceeding Monday.
The charges are theft pinch a worth of $100,000 aliases greater and passing a cheque of $1,200 aliases greater pinch intent to defraud. Mayweather did truthful “knowing that nan cheque would not beryllium paid erstwhile presented,” according to nan complaint.
Mayweather, 49, could look a situation word of 1 to 20 years and $15,000 successful fines if recovered blameworthy of felony theft. The fraud complaint carries a condemnation of 1 to 4 years successful situation and a $5,000 good positive restitution.
Audemars Piguet, which has operated successful nan quaint Swiss colony of Le Brassus for 150 years, is considered a more luxurious and prestigious brand than Rolex, belonging to nan “Holy Trinity” of Swiss watchmaking alongside Patek Philippe and Vacheron Constantin.
Luxury watch master Prestige Time explains why a watch enthusiast would go enamored by nan brand: “Buy an Audemars Piguet if you bask complications, nan benignant you find successful a really high-end mechanical watch. We’re talking astir tourbillons, perpetual calendars, satellite phase, retrograde, infinitesimal repeaters, chronographs, dual clip zone/GMT’s, and much mechanical features that connection much usability than conscionable to show you nan time.”
Now nan man nicknamed “Money” is connected nan timepiece to resoluteness a high-dollar conflict that could consequence successful a criminal conviction. Mayweather’s adjacent tribunal quality is Sept. 17. Meanwhile, lawyers representing some sides made their cases successful tribunal filings and to nan judge.
Mayweather has had a longstanding business narration pinch Gold and Beyond, his lawyer Adrian Lobo told ESPN successful a connection connected Tuesday night. Lobo appeared perturbed that nan shop’s proprietor brought nan declare to nan Clark County District Attorney alternatively of filing a civilian suit.
“This matter does not beryllium successful nan criminal courts,” Lobo wrote successful nan statement. “And Mr. Mayweather looks guardant to being vindicated done nan tribunal proceedings.”
Gold and Beyond lawyer Marc Cook said his customer exhibited patience pinch Mayweather, giving him ample clip to salary for nan watch. The title was revenge pinch nan Clark County District Attorney’s agency successful February.
“The logic for nan hold is that my feline trusted Mayweather and was trying to springiness him each opportunity to make bully connected that,” Cook said successful a connection to ESPN. “And it sewage to nan constituent wherever he wasn’t getting responses and wasn’t getting money for a watch that Mayweather had for good complete a year.”
Given Mayweather’s reported wealth, bouncing a cheque mightiness look perplexing. He is considered nan richest boxer of each time, pinch astir $1.1 cardinal successful profession net and an estimated nett worthy of $400 million.
He owns 3 of nan top-five largest payouts successful boxing history, making $275 cardinal for an accumulation pinch UFC combatant Conor McGregor successful 2017, $250 cardinal for nan “Fight of nan Century” against Manny Pacquiao successful 2025, and a then-record $80 cardinal payout for a bout pinch Canelo Alvarez successful 2013.
Mayweather, whose profession grounds is 50-0, reportedly has accrued his nett worth since past fighting 9 years ago. He represents immoderate of nan world’s apical boxers done Mayweather Promotions and owns astir 75 gyms astir nan state on pinch existent property holdings.
However, Mayweather is reportedly beset by financial woes arsenic well. He revenge a $340 cardinal suit against erstwhile broadcast partner Showtime, alleging nan tv web concealed and diverted his earnings. Also pending is a $175 cardinal lawsuit against erstwhile associates, claiming they defrauded him and misappropriated his funds, jewelry, and backstage jet.
Mayweather is scheduled to look kickboxer Mike Zambidis successful a full-contact accumulation June 27 successful Athens, Greece, and a rematch pinch Pacquiao is group for September successful Las Vegas. However, an accumulation against Mike Tyson scheduled for past April was canceled because Mayweather was notified by nan IRS that it intended to revoke his passport complete a delinquent taxation indebtedness of $7.3 million, according to Ring Magazine.
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