Jewelry Company Files Lawsuit Against Floyd Mayweather

Famed boxer Floyd Mayweather and rapper Tyga are embroiled in a legal battle with Miami jeweller Leonard Sulaymanov, who claims they owe him over $4 million. Sulaymanov has filed a lawsuit in federal court accusing the two of engaging in activities that violate the RICO Act, along with fraud, breach of contract, civil conspiracy, unjust enrichment, and civil theft.

According to the lawsuit, Sulaymanov alleges that Mayweather and Tyga took advantage of his business and reputation, repeatedly taking luxury watches and jewelry without paying fair prices. The jeweller says the trouble began in June 2021 after he sold Mayweather several high-end items, including a Patek Philippe watch, Rolex, and diamond jewellery, for which he received only $267,000—far below the agreed price.

The situation escalated two weeks later when Sulaymanov travelled to Las Vegas to meet with Mayweather and Tyga. During this meeting, Tyga supposedly agreed to purchase a Rolex for $79,000, while Mayweather made additional acquisitions. Despite these transactions, Sulaymanov claims that Mayweather never settled his outstanding balance, leaving the jeweller concerned about the payments.

Sulaymanov’s lawsuit seeks to recover nearly $4 million from Mayweather and Tyga, along with compensation for the emotional distress and reputational damage he suffered. The case highlights the challenges faced by small business owners when dealing with high-profile clients.

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