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Mayweather Sues Alleged Fraudsters for $175 Million

5/23/2026

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Story summary
  • Boxer Floyd Mayweather sued Jona Rechnitz, Ayal Frist, Frist Apex Ventures and attorney Alexander Seligson for $175 million fraud.
  • Mayweather says he gave $100 million of jewelry to Miami dealers, got $13 million back, lost a $7.5 million fake-investment wire and a $15 million real-estate settlement.
  • Mayweather claims he unknowingly signed paperwork transferring ownership of his Gulfstream jet, leaving the buyer field blank and proceeds unknown.