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Floyd “Money” Mayweather built a fortune around his famous nickname. Now I may have to do some explaining.
The undefeated boxing icon faces a serious prison sentence after allegedly writing a bad check for a luxury watch in Las Vegas.
Clark County prosecutors charged the 49-year-old wrestler with two felonies, including theft of property valued at more than $100,000 and giving a check with intent to defraud.
Authorities say Mayweather’s alleged theft stems from a shopping trip on New Year’s Eve 2024, when he set his sights on a rare Audemars Piguet watch.
LA MAN FOLDS GUILTY OF SCAMING INVESTORS AND HOLLYWOOD STARS OF OVER $20 MILLION TO PROMOTE LUXURIOUS LIFESTYLE
Floyd Mayweather throws a punch during his exhibition fight against Aaron Chalmers at the O2 in London on February 25, 2023. (Zac Goodwin/PA Images)
Mayweather paid with a $200,000 check from a Wells Fargo account, but the bank quickly returned it for insufficient funds.
Boutique owners reportedly spent more than a year quietly trying to collect the cash.
They even sent a certified demand letter to avoid a public scandal, but Mayweather allegedly tricked them.
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Boxer Floyd Mayweather Jr. attends the match between the Los Angeles Lakers and Oklahoma City Thunder at the Crypto.com Arena in Los Angeles, California on February 7, 2023. (Harry How/Getty Images)
A criminal summons followed and Mayweather’s defense team appeared on his behalf in a Las Vegas court on Monday.
If convicted of both felonies, the self-proclaimed billionaire faces a maximum of 24 years behind bars.
This bad $200,000 check appears to be just the tip of a huge financial iceberg.
JENNIE GARTH ADMITS ‘TERRIFYING’ FINANCIAL SPIRAL AFTER ‘90210’ FAME
Mayweather is currently buried under a mountain of debt, including a staggering $7 million federal tax lien from the IRS for unpaid back taxes.
Former professional boxer Floyd Mayweather Jr. sits with former NFL player Antonio Brown during the second half of the Miami Heat and Brooklyn Nets game in Miami, Florida, on March 26, 2022. (Jasen Vinlove/USA TODAY Sports)
A judge also recently ordered him to pay $1 million in back child support to a former dancer, and he is pursuing separate civil lawsuits over unpaid bills for private jet services and luxury apartment rentals in Manhattan.
The aging star has quickly lined up a series of upcoming exhibition fights, along with a highly anticipated September rematch against Manny Pacquiao.
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Mayweather is willing to fight anyone except the repository man.
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