The Lawsuit Details
Leonard Sulaymanov, owner of Lenzo & Co., has filed a $4 million lawsuit against boxing icon Floyd Mayweather and rapper Tyga.
The suit, filed in Miami federal court, alleges violations of the Racketeer Influenced and Corrupt Organization (RICO) Act, along with claims of fraud, civil conspiracy, breach of contract, unjust enrichment, and civil theft.
Mayweather’s Alleged Purchases
According to the lawsuit, Mayweather purchased several high-end items from Sulaymanov, including:
- A yellow-gold Audemars Piguet watch
- Two Richard Mille watches
- A Patek Philippe watch
- A rose-gold Rolex Presidential Day-Date
- A diamond ring
- A diamond necklace
Sulaymanov claims he only received $267,000 in down payments before Mayweather left Miami, leaving a substantial unpaid balance.
Tyga’s Involvement
The lawsuit also implicates rapper Tyga, alleging he failed to pay for a Rolex watch valued at $79,000.
The Money Team’s Alleged Tactics
Mayweather’s entourage, known as “The Money Team” (TMT), is accused of engaging in “predatory, unfair, improper, fraudulent, and unscrupulous practices” to exploit Sulaymanov’s reputation and inventory.
Sulaymanov’s Claims
The jeweler alleges that he met with Mayweather and TMT members at the Fontainebleau Miami Beach hotel in 2021. Despite attempts to confiscate his phone, Sulaymanov claims he discreetly documented the transactions.
Las Vegas Meeting
Two weeks after the Miami encounter, Sulaymanov traveled to Las Vegas at the request of Mayweather’s agent, Jona Rechnitz. The jeweler claims Mayweather made additional purchases without settling his existing balance.
Outstanding Debts
According to the lawsuit, Mayweather owes:
- $1.8 million for watches
- $2 million for the diamond ring and necklace
Legal Implications
The lawsuit’s RICO allegations could have serious legal consequences for Mayweather and Tyga if proven true. This case highlights the intersection of celebrity culture, luxury goods, and legal obligations.
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