A Miami jeweler wants his money. Leonard Sulaymanov, who owns , is suing Floyd Mayweather Jr. over a three-year-plus dispute regarding alleged nonpayment.
Filed last Friday in Miami federal court, Sulaymanov’s complaint claims that the boxer stiffed him after he agreed to purchase numerous pieces of jewelry three years ago. The items in question include watches by such high-end brands as Audemars Piguet, Richard Mille and Patek Philippe, as well as a diamond necklace and ring. In , Sulaymanov says that a Mayweather associate made a deal with him during a meeting in Miami Beach in late June 2021.
The online businessman says he was told to put away his phone to ensure the transaction was private, but was able to discretely film the meeting with another phone. The plaintiff says he received a total down payment of $267,000 in two cash installments before Mayweather left town. After repeatedly requesting the balance in full from the champ’s team, Sulaymanov claims no other funds were forthcoming.
Grand total reportedly owed? $3,883,657. The jeweler additionally accuses the Michigan native and his company, The Money Team (TMT), of violating the Racketeer Influenced and Corrupt Organizations Act (better known as RICO). Counts include fraud, civil conspiracy, breach of contract and civil theft.
Tyga (birth name: Michael Ray Stevenson) also appears in the document as a defendant. The “Swish” singer, who is reportedly pals with Mayweather, is accused of agreeing to buy a $79,000 Rolex from LenZo and Co and then not following through. “Mayweather, TMT and possibly others have systematically created, participated and engaged in what can be described as a quasi-criminal, money laundering scheme involving high-end, rare and exclusive luxury watches and jewelry,” Sulaymanov’s suit says.
“The Defendants, acting in concert and with other financially incentivized third parties, will purchase/acquire luxury watches by soliciting watch brokers, like Plaintiffs herein, and offering them upfront cash with payment terms in exchange for the purchase of watches and jewelry, with no intention of paying off the total balances.” This isn’t the first time Mayweather has made headlines over jewelry disputes. The ostentatious fighter, whose nickname is “Money,” was sued in 2016 by a Las Vegas company claiming he had a $1.
4 million outstanding balance on a $3M diamond encrusted necklace. And in 2019, cops were called to the Seybold Jewelry Building in downtown Miami after the boxing legend with a store owner. He left the scene before police arrived.
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