LAS VEGAS – Boxer Floyd Mayweather Jr. is being sued by a bank in Las Vegas for more than $167,000 unpaid on a loan for a half-million-dollar luxury car.
Caleb Langsdale, a lawyer for JP Morgan Chase Bank, said in a lawsuit filed last week in Clark County District Court that the former five-division boxing champion bought the Mercedes Maybach 57S in February 2007 and stopped making monthly payments of more than $9,000 a year later.
The bank repossessed the vehicle in January, sold it for $196,000, and is seeking to recoup the difference, the lawsuit said.
A lawyer for Mayweather did not immediately respond Monday to a message seeking comment from The Associated Press. A representative for Mayweather said the boxer and his manager were not available.
Mayweather was in Los Angeles for an open workout to promote his comeback fight on Saturday against Juan Manuel Marquez at the MGM Grand in Las Vegas. (AP)