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The Independent UK
The Independent UK
World
Justin Rohrlich

Boxing champ Floyd Mayweather Jr. accuses business advisor of pilfering $175 million in cash, gems, and jets

One year after Floyd Mayweather Jr. claimed he had “100 percent” trust in business advisor and convicted felon Jona Rechnitz, the champion prizefighter is suing him for allegedly stealing at least $175 million – the proceeds from sales of real estate, jewelry, and a Gulfstream G-IV private jet.

In a complaint filed Thursday evening in Manhattan County Supreme Court, Mayweather claims Rechnitz, a New York City real estate developer who in 2016 was brought up on federal bribery charges and later sentenced to five months in prison and five months of house arrest, fleeced him amid a “multi-year fraudulent scheme” carried out with the help of two associates.

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