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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Story provenance
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Record
| Original publisher | New York Post |
| Canonical URL | https://nypost.com/2026/05/25/us-news/floyd-mayweather-sues-notorious-nyc-money-manager-in-alleged-175m-fraud-scheme-over-jewels-jet-the-gloves-are-off/ |
| Publication time | Mon, 25 May 2026 07:30:00 -0400 |
| Retrieval time | 2026-05-25T11:37:36.700Z |
| Last seen | 2026-05-25T11:37:36.700Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | hoLxGIsq-w0l |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
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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