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Home Entertainment

Jewelry Company Sues Floyd Mayweather and Tyga for Millions in Unpaid Bills

by Idara Inyang
Aug 28, 2024 | 16:17
in Entertainment, News

As reported by the Miami New Times, Leonard Sulaymanov is suing Floyd Mayweather and Tyga the Money Team, accusing them of violating the RICO Act.

Floyd Mayweather and Tyga (the famous American boxer and rapper) are facing a lawsuit from a Miami jeweler named Leonard Sulaymanov. He claims they owe him at least $4 million and accuses them of RICO activities. As reported by the Miami New Times, Leonard Sulaymanov is suing Mayweather and the Money Team, accusing them of violating the RICO Act.

Sulaymanov is also charging Mayweather with β€œfraud, civil conspiracy, breach of contract, unjust enrichment, and civil theft, along with other claims.”

Floyd Mayweather and Tyga

The report states that the jeweller filed the lawsuit on Friday, August 23, in a federal court located in Miami. Additionally, Miami New Times mentions that Tyga, whose real name is Michael Ray Nguyen-Stevenson, is included in the lawsuit for supposedly not paying for a Rolex watch.Β The lawsuit claims that the defendants took advantage of the plaintiff’s reputation, business, and inventory to repeatedly steal and take the plaintiff’s watches and jewelry for themselves without paying a fair price.

In June 2021, the jeweler is said to have met with Mayweather and sold him several items, including an Audemars Piguet watch, two Richard Mille watches, a Patek Philippe watch, a Rolex, a diamond ring, and a diamond necklace. Sulaymanov also claims he only got $267,000 for these items before Mayweather left Miami.Β According to reports, the jeweller documented the sale with photos that included himself and Mayweather holding the cash payment.

Two weeks later, Sulaymanov allegedly went to Las Vegas to meet Floyd Mayweather and Tyga. He is said to have brought β€œten Rolex Presidential Anniversary watches, a Rolex Day-Date 40, and a Richard Mille” to their meeting.Β At their gathering, Tyga supposedly agreed to buy the Rolex Day-Date for $79,000. Mayweather is also said to have made β€œfurther purchases” from the jeweler. However, he allegedly β€œfailed to clear the previous account balance.”

The lawsuit mentions that Floyd Mayweather and Tyga were deceiving plaintiffs into believing they would have a profitable business relationship, as reported by the Miami New Times. β€œHowever, as days passed and no wires were being received, Plaintiffs got concerned and started exchanging text messages with Defendants through their agent… about when payment could be expected.”

The report states that Sulaymanov is looking to recover an overdue sum of over $3,883,657.00 from Floyd Mayweather and Tyga. He is also requesting damages for the humiliation, embarrassment, and mental suffering he experienced.

Tags: Tyga News

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