Floyd Mayweather sues notorious NYC money manager in alleged $175M fraud scheme over jewels, jet: ‘The gloves are off’
Floyd Mayweather Jr. has filed a lawsuit against Jona Rechnitz, an ex-con and former donor to ex-Mayor Bill de Blasio, alleging a $175 million fraud scheme. The lawsuit claims Rechnitz misappropriated Mayweather's assets, including jewelry and a private jet. Mayweather seeks restitution for the losses incurred from this alleged fraudulent activity.
- ▪Mayweather accuses Rechnitz of orchestrating a multi-year fraudulent scheme involving his jewelry and a Gulfstream Jet.
- ▪Rechnitz previously pled guilty to charges related to a corruption scandal involving the NYPD.
- ▪The lawsuit demands Rechnitz repay Mayweather $175 million in claimed losses.
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Metro Floyd Mayweather sues notorious NYC money manager in alleged $175M fraud scheme over jewels, jet: ‘The gloves are off’ By Peter Senzamici Published May 25, 2026, 7:30 a.m. ET See more of our coverage in your search results. Add The New York Post on Google Five-time heavyweight boxing champ Floyd Mayweather Jr. is taking a swing at an ex-con major donor to former Mayor Bill de Blasio over an alleged $175 million fraud scheme involving jewels and a secret jet sale. The superstar pugilist claims in a new Manhattan Supreme Court lawsuit that Jona Rechnitz — an ex-mayoral donor who once tried to bribe NYPD cops with hookers — orchestrated “a multi-year fraudulent scheme” involving real estate, jewelry and his beloved Gulfstream Jet famously emblazoned with “MAYWEATHER” on the fuselage.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.
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