Floyd Mayweather Sued For $400k By Famed NY Jeweler After Reneging On Promise To Pay
Oct. 20 2021, Published 3:35 p.m. ET
Floyd Mayweather is being accused of screwing over a New York jeweler who loaned the fighter expensive diamonds.
According to court documents obtained by Radar, Eric & Co Trading Company is suing the professional fighter in federal court.
The company says Mayweather was a frequent client and had a good relationship with them until recently. Eric & Co accuses Mayweather of using his “fame and good standing” with them to take merchandise worth $389k on credit with the promise to pay him.
The only problem is they claim he has refused to cough up the dough.
The suit says Mayweather visit their Miami pop-up shop on June 5, 2021. “Due to the prior relationship between Plaintiff and Defendant, and prior dealings of similar nature,” the jeweler agreed to let Mayweather take home items without putting any money down.
The following day, a rep for Eric & Co text Mayweather the invoice for the items. The fight reportedly responded, “Thanks Family” which they took as an acknowledgment of his debt.
They claim Mayweather has promised to transfer the money multiple times but never did. The suit says the fighter walked away with several expensive items. Mayweather is accused of taking a ton of gold Cartier diamond bracelets, a $34k diamond necklace, $12k “ice out choker” and 3 large white gold “TMT pieces given to Floyd.”
The company says he even took a $20k diamond/emerald cut butterfly necklace with a diamond tennis necklace. The lot of items also included a $42k diamond eternity ring.
Eric & Co says Mayweather owes them $389,550. They are demanding the court step in and force him to pay the invoice.
The company is also demanding Mayweather be ordered to cover their attorney fees.
Never Miss an
Daily updates from the heart of Hollywood, right to your inbox
By entering your email and clicking Sign Up, you’re agreeing to let us send you customized marketing messages about us and our advertising partners. You are also agreeing to our Terms of Service and Privacy Policy.
Mayweather shouldn't be hard up for cash as he reportedly earned around $100 million for his bout with social media star Logan Paul. He should also still have a little leftover from the $350 million he was paid to fight Conor McGregor in 2017.
