BUZZ Mayweather alleges two trusted associates stole $550 million, names neither

The bottom line

Floyd Mayweather said on the PBD Podcast that one man took $350 million and another $200 million from him; he named neither and the claims are unproven.

Mayweather alleges two trusted associates stole $550 million, names neither
Photo via Combat Sports UK · added

What we know

  • The allegations have not been proven in court.
  • Mayweather is suing Showtime and former Sports president Stephen Espinoza over at least $340 million in allegedly missing earnings.
  • Mayweather's separate lawsuit against Jona Rechnitz over at least $175 million was voluntarily dismissed without prejudice; Rechnitz disputed his account.

Reported, not confirmed

  • Mayweather said on the PBD Podcast that a father-figure associate stole $350 million from him. Combat Sports UK
  • Mayweather alleges a second, separate associate stole $200 million; he named neither person. Combat Sports UK
Floyd Mayweather has accused two people he considered friends of stealing a combined $550 million from him. Speaking on the PBD Podcast, he said they were two separate people and named neither. The allegations have not been proven in court.

Of the first man, Mayweather said: "It was a guy who was sort of like a father figure, but he stole 350 million from me." He said the man won his trust while helping him establish his independence in boxing, and that the scale of the alleged wrongdoing emerged years later. He says he has not recovered the money.

The second, he said, was an associate who sat next to him while helping with his business and who allegedly took $200 million. Mayweather confirmed to host Patrick Bet-David that this was a different person.

The claims follow other legal disputes over his money. Mayweather is suing Showtime and its former sports president Stephen Espinoza over at least $340 million in allegedly missing earnings. A separate suit against Jona Rechnitz was voluntarily dismissed without prejudice, and Rechnitz disputed Mayweather's account. Nothing he said on the podcast ties the claims to anyone named in those cases.
 
Summary
Floyd Mayweather said on the PBD Podcast that one man took $350 million and another $200 million from him; he named neither and the claims are unproven.
Key points (one per line)
Mayweather made the claims on Patrick Bet-David's PBD Podcast.
He alleges a father-figure associate took $350 million and a separate associate took $200 million.
He named neither man, and the claims have not been proven in court.
He is separately suing Showtime and Stephen Espinoza over allegedly missing earnings.
Also reported by (Name | URL per line)
Combat Sports UK | https://combatsportsuk.com/news/1b1ed455-dc40-49ca-82a5-2ba060edb8ba/floyd-mayweather-claims-two-men-he-trusted-stole-over-half-a-billion
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