Reportedly, Tyga and Floyd Mayweather are being sued by a jeweler from Miami over RICO and fraud allegations. The jeweler’s lawyer said, “Mayweather, TMT, and possibly others have systematically created, participated in, and engaged in what can be described as a quasi-criminal, money laundering scheme involving high-end, rare, and exclusive luxury watches and jewelry.”
The documents added, “The Defendants, acting in concert and with other financially incentivized third parties, will purchase/acquire luxury watches by soliciting watch brokers, like Plaintiffs herein, and offering them upfront cash with payment terms in exchange for the purchase of watches and jewelry, with no intention of paying off the total balances.” The jeweler is suing for millions in damages and suffering from mental anguish from the dodging and non-payment.