Money Mayweather is in a money mayday.
Boxing legend Floyd Mayweather is facing two felony charges after allegedly passing a bad check while buying a $200,000 watch in Las Vegas, according to Nevada court records.
The 49-year-old boxer is facing “theft, value $100,000 or greater” and “draw or pass check with intent to defraud, value $1,200 or greater.”
Mayweather’s court hearing took place on Monday, though he elected not to attend and was instead represented by his counsel.
The original criminal complaint was filed on Aug. 27 and was followed by a court order that Mayweather appear before a judge.
The complaint alleges Mayweather wrote a $200,000 check to the high-end Las Vegas resale store Gold and Beyond on Dec. 31, 2024, while he had “had insufficient money, property, or credit” in the account to pay it in full.
If found guilty of fraud, Mayweather could face up to four years in prison and a $5,000 fine.
Felony theft is a little more extreme, with up to 20 years in prison and $15,000 in fines.
“The reason for the delay is that my guy trusted Mayweather and was trying to give him every opportunity to make good on that,” Marc Cook, an attorney for Cook & Kelesis, which represents Gold and Beyond, told 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.”
The boxer earned over $1 billion in his boxing career but has faced financial issues since his ring days ended.
Plaintiffs in at least four states claim Mayweather owes them money; he reportedly owes $7.3 million in taxes to the IRS, and he is in a lawsuit with Showtime Networks for over $340 million.
[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]
