'Shock': GOAT, who earned a staggering 1.4855 trillion won, exposed as having been defrauded of 263 billion won → Historic legal dispute: "Even my closest aide betrayed me..."

*This content was translated by AI.

Boxing legend Floyd Mayweather Jr. (54), who amassed astronomical wealth during his active career and flaunted a lavish lifestyle, is now embroiled in a multi-billion won financial fraud lawsuit. Facing allegations of severe financial distress, Mayweather claims he was deceived by a former financial partner and had his vast assets stolen.

Spanish media outlet 'Marca' reported on the 26th (Korean time) that "Mayweather, the boxing champion who dominated five weight classes, filed a complaint with the Manhattan Supreme Court alleging that Jon Rekniets, a former political donor and his financial advisor, orchestrated an organized financial fraud scheme worth approximately 175 million dollars (about 263 billion won)." The report added, "Mayweather's side claims that Rekniets skillfully woven together real estate transactions, personal investments, and transfers of luxury assets to carry out a years-long fraud."

Mayweather, known to have earned over 1.49 trillion dollars (about 1.4855 trillion won) in total revenue during his active career, is said to be deeply shocked by the betrayal from his closest aide, whom he had completely trusted to manage his assets.

According to the complaint, Rekniets became a key figure in Mayweather's financial management in 2024, taking on the role of manager overseeing investments, banking operations, and real estate holdings. However, Mayweather's side alleges that instead of protecting the assets, Rekniets misappropriated Mayweather's luxury assets for personal gain and siphoned off funds.

Marca explained that "Rekniets illegally transferred 75 million dollars (about 112.5 billion won) of company funds owned by Mayweather to a Florida shell company linked to his partner, Ayel Priest, and then made it vanish by disguising it as a short-term investment."

Even more shocking are allegations of embezzlement involving jewelry and a private jet. Rekniets is reportedly accused of taking over 1.49 trillion dollars (about 150 billion won) worth of ultra-expensive jewelry owned by Mayweather to jewelers in Miami, then securing a loan of 175 million dollars (about 1.95 billion won) using them as collateral and pocketing the money. Moreover, Mayweather received not a single cent in loan proceeds or repayment during this process. Additionally, Rekniets attempted to sell the private jet bearing Mayweather's name.

The media further revealed that "Mayweather was never notified about who the private jet was sold to or how the proceeds were handled." The lawsuit states that the sale proceeds were allegedly misused to pay off personal debts without Mayweather's approval. Additionally, internal communication records revealed that Rekniets attempted to divert a 175 million dollar real estate settlement to a shell company and intercept dividends.

Mayweather's legal representative, attorney Leo Jacobs, strongly warned, "This dispute is clearly a lawsuit for asset recovery. Mayweather is simply seeking to reclaim his rightful rights and property. These allegations demonstrate a serious breach of trust."

However, Rekniets' legal team has strongly rejected Mayweather's claims as baseless and entirely unfounded. They are countering with a counter-lawsuit, threatening to expose Mayweather's broader financial troubles.

According to recent reports from the UK's 'Daily Mail' and others, Mayweather has recently been facing financial difficulties, including unpaid private jet fees. He was also sued for 330,000 dollars after failing to pay luxury condo rent for several months.

Cornered, Mayweather is now showing signs of returning to the ring to reduce his debts and secure cash. It is reported that after facing 59-year-old Mike Tyson in an exhibition match earlier this year, Mayweather is preparing for an official comeback fight against 47-year-old Philippine legend Manny Pacquiao, who earned a historic 600 million dollars from a single match in 2015.

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*This content was translated by AI.