‘Money’ Mayweather faces felony theft charges over unpaid Swiss watch
Floyd Mayweather Jr.’s Christmas Day purchase of an exclusive Audemars Piguet watch has landed the billionaire boxer in court facing two felony charges alleging theft and intent to defraud, according to Clark County, Nev., court records.
Mayweather wrote a check for $200,000 to Las Vegas high-end consignment store Gold and Beyond for the timepiece on Dec. 25, 2024. Prosecutors filed a criminal complaint on April 27 of this year and the court ordered Mayweather to appear before a judge. His lawyer did so at a preliminary hearing Monday.
The charges are theft with a value of $100,000 or greater and passing a check of $1,200 or greater with intent to defraud. Mayweather did so “knowing that the check would not be paid when presented,” according to the complaint.
Mayweather, 49, could face a prison term of one to 20 years and $15,000 in fines if found guilty of felony theft. The fraud charge carries a sentence of one to four years in prison and a $5,000 fine plus restitution.
Audemars Piguet, which has operated in the quaint Swiss village of Le Brassus for 150 years, is considered a more luxurious and prestigious brand than Rolex, belonging to the “Holy Trinity” of Swiss watchmaking alongside Patek Philippe and Vacheron Constantin.
Luxury watch expert Prestige Time explains why a watch enthusiast would become enamored by the brand: “Buy an Audemars Piguet if you enjoy complications, the kind you find in a really high-end mechanical watch. We’re talking about tourbillons, perpetual calendars, moon phase, retrograde, minute repeaters, chronographs, dual time zone/GMT’s, and more mechanical features that offer more function than just to tell you the time.”
Now the man nicknamed “Money” is on the clock to resolve a high-dollar dispute that could result in a criminal conviction. Mayweather’s next court appearance is Sept. 17. Meanwhile, lawyers representing both sides made their cases in court filings and to the judge.
Mayweather has had a longstanding business relationship with Gold and Beyond, his attorney Adrian Lobo told ESPN in a statement on Tuesday night. Lobo appeared perturbed that the shop’s owner brought the claim to the Clark County District Attorney instead of filing a civil suit.
“This matter does not belong in the criminal courts,” Lobo wrote in the statement. “And Mr. Mayweather looks forward to being vindicated through the court proceedings.”
Gold and Beyond attorney Marc Cook said his client exhibited patience with Mayweather, giving him ample time to pay for the watch. The complaint was filed with the Clark County District Attorney’s office in February.
“The reason for the delay is that my guy trusted Mayweather and was trying to give him every opportunity to make good on that,” Cook said in a statement to ESPN. “And it got to the point where he wasn’t getting responses and wasn’t getting money for a watch that Mayweather had for well over a year.”
Given Mayweather’s reported wealth, bouncing a check might seem perplexing. He is considered the richest boxer of all time, with roughly $1.1 billion in career earnings and an estimated net worth of $400 million.
He owns three of the top-five largest payouts in boxing history, making $275 million for an exhibition with UFC fighter Conor McGregor in 2017, $250 million for the “Fight of the Century” against Manny Pacquiao in 2025, and a then-record $80 million payout for a bout with Canelo Alvarez in 2013.
Mayweather, whose career record is 50-0, reportedly has increased his net worth since last fighting nine years ago. He represents some of the world’s top boxers through Mayweather Promotions and owns roughly 75 gyms around the country along with real estate holdings.
However, Mayweather is reportedly beset by financial woes as well. He filed a $340 million lawsuit against former broadcast partner Showtime, alleging the television network concealed and diverted his earnings. Also pending is a $175 million lawsuit against former associates, claiming they defrauded him and misappropriated his funds, jewelry, and private jet.
Mayweather is scheduled to face kickboxer Mike Zambidis in a full-contact exhibition June 27 in Athens, Greece, and a rematch with Pacquiao is set for September in Las Vegas. However, an exhibition against Mike Tyson scheduled for last April was canceled because Mayweather was notified by the IRS that it intended to revoke his passport over a delinquent tax debt of $7.3 million, according to Ring Magazine.