A year ago Floyd Mayweather, Jr. stood onstage defending his former investment manager and confidante, Jona Rechnitz. “I trust Jona — not just 10 percent, 20 percent — 100 percent,” Mayweather told a crowd at The Real Deal’s 2025 New York City forum.  Now Mayweather has launched a lawsuit against Rechnitz accusing him of fraud and diversion of $175 million. Mayweather’s partnership with Rechnitz, a convicted felon turned informant, raised eyebrows in the industry since Mayweather began his foray into New York City real estate in 2024. Rechnitz, who pleaded guilty to a corruption charge for bribing New York Police […]

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